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

Oil & Gas 360ยบ

Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders. times by year end 2026. billion 1.

Energy 130
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Oil & Gas in 2025: Which Basin Will Dominate U.S. Energy and Whatโ€™s Behind the $105 Billion in Oil Deals?

Rextag

While the region's mature fields are declining, new projects are helping stabilize production and extend the Gulfs viability as a key energy source. By late 2024, 12 new offshore projects were set to increase production by 0.231 MMBbl/d, helping offset declining output from aging fields. MMBbl/d, maintaining stable levels through 2026.

Basin 40