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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

Operational expertise and increased scale drive meaningful synergies EOG expects to generate more than $150 million of synergies in the first year driven by lower capital, operating, and debt financing costs. quantities of oil and gas that are estimated to be recoverable with a high degree of confidence), but also probable reserves (i.e.,

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

Oil & Gas 360º

’s reserves evaluation effective December 31, 2024 for both Whitecap and Veren, respectively, which were each evaluated or audited in accordance with the COGE Handbook and account for drilling locations that have associated proved and/or probable reserves, as applicable.

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