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2026

Basin

Condensate

Whitecap Resources and Veren Announce $15 Billion Merger to Create Leading Light Oil Producer

Oil Gas Leads

MARCH 10, 2025

The transaction will create a leading Canadian light oil and condensate producer, with a dominant position in the Alberta Montney and Duvernay formations, as well as significant operations in Saskatchewan. by year-end 2026. (TSX: VRN) have announced a strategic all-share merger valued at approximately $15 billion, including net debt.

Oil

Oil Basin Operator Gas

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

Oil & Gas 360º

MARCH 10, 2025

. (“Whitecap”) (TSX: WCP) and Veren Inc. (“Veren”) (TSX: VRN) (NYSE: VRN) are pleased to announce a strategic combination to create a leading light oil and condensate producer with concentrated assets in the Alberta Montney and Duvernay. times by year end 2026.

Energy

Energy Energy Exploration and Production Crude Oil

Whitecap Resources and Veren Announce $15 Billion Merger to Create Leading Light Oil Producer

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

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