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How Canada’s oil sands transformed into one of North America’s lowest-cost plays

Oil & Gas 360º

Suncor credits efforts including standardizing maintenance practices across mines and improving management of site water to get more production out of existing assets for contributing to the company’s US$7 per barrel reduction in its West Texas Intermediate (WTI) break-even price in 2024 to $42.90. shale costs up. tariff threats.

Oil 130
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EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy, Strengthening Premier Utica Asset; Increases Regular Dividend 5%

Oil & Gas 360º

Transaction Highlights Transforms EOG into a leading Utica E&P The acquisition of Encinos 675,000 net core acres significantly increases EOGs Utica position to a combined 1,100,000 net acres, representing more than two billion barrels oil equivalent of undeveloped net resource. Register to attend. billion, inclusive of EAPs net debt.

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

The combined company will be led by Whitecap’s existing management team under the Whitecap name with four Veren directors to join the Whitecap Board of Directors, including the current President & CEO of Veren, Craig Bryksa. Under the terms of the Agreement, Veren shareholders will receive 1.05 times by year end 2026.