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ARC Resources Ltd. announces consolidation of condensate-rich Montney assets at Kakwa

BOE Report

CALGARY, AB, May 14, 2025 /CNW/ – (TSX: ARX) ARC Resources Ltd. (“ARC” or the “Company”) today announced it signed a definitive agreement to acquire condensate-rich Montney assets in the Kakwa region in Alberta (the “Assets”) from Strathcona Resources Ltd.

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Whitecap and Veren Merge to Create US$10-Billion Canadian Light Oil Producer

OilPrice

billion (C$15 billion) deal that will create a leading Canadian light oil and condensate producer, the companies said on Monday. The firms announced that they had entered into a definitive business combination agreement to combine in an all-share transaction valued at approximately US$10.4

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Louisiana Adopts EPA Revision to Condensable PM Requirements in its Definition of “Regulated NSR Pollutants”

The Energy Law

On October 25, 2012 the Environmental Protection Agency (EPA) published its corrected definition of “regulated NSR pollutant.” The Louisiana Department of Environmental Quality (LDEQ) adopted EPA’s revised definition of “regulated new source review (NSR) pollutant” at LAC 33:III.509.B B in a May 20, 2013 Louisiana Register Notice.

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EOG Resources Acquires Encino for $5.6B, Expands Premier Utica Shale Position

Rextag

EOG Resources has entered into a definitive agreement to acquire Encino Acquisition Partners (EAP) for $5.6 Condensate, Contiguity, and Competitive Returns The volatile oil window of eastern Ohio — covering counties like Carroll, Guernsey, Harrison, and Noble — has seen a sharp rise in condensate production. Why the Utica?

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CanCambria Energy Corp announces resource evaluation report for the Kiskunhalas tight-gas project, southern Hungary

Oil & Gas 360º

million barrels (MMBBL) condensate/natural gas liquids (NGL) net to the company (un-risked). MMBBL condensate/NGL. Leveraging industries’ most advanced technologies they aim to commercialize their flagship asset, the 100% owned Kiskunhalas Project in southern Hungary, a significant gas-condensate resource in the heart of Europe.

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North America Drops More Rigs

Rigzone

Energy Information Administration] basin definition - decreased by 6 to 427 rigs. “Consequently, we have revised down our 2025 Permian crude and condensate output by 8,000 barrels per day. Natural gas focused rigs increased by five to 114 rigs, following an increase of one rig week over week last week,” they added.

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Ring Energy announces the closing of the Lime Rock Permian Basin assets acquisition

Oil & Gas 360º

Other companies may use different definitions of Adjusted Free Cash Flow. These items are uncertain, depend on various factors and could have a material impact on GAAP reported results.

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