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

Oil & Gas 360º

They directed their capital to cheaper oil production, and favored U.S. Some Canadian politicians are now calling for a new crude pipeline from Alberta to the Pacific coast, as part of a broader effort to strengthen the country’s economy in the face of U.S. shale for its quicker drilling time and returns. and Canadian company earnings.

Oil 130
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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

.” Strategic Rationale Solidified Position Within the Large-Cap Universe: The combined company will have an enterprise value of $15 billion 1 and 370,000 boe/d 2 (63% liquids) of corporate production with significant overlap across both unconventional and conventional assets. million acres in Alberta.