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

Oil & Gas 360ยบ

The combined company becomes the largest Canadian light oil focused producer and the seventh largest producer in the Western Canadian Sedimentary Basin, with significant natural gas growth potential. times by year end 2026. Strong Credit Profile: Exceptional balance sheet with initial leverage of 0.9 billion 1.

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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

Infrastructure and Market Adjustments Infrastructure limitations, particularly in natural gas takeaway capacity, have been a key bottleneck for Permian growth in previous years. Natural Gas Production: 25.8 MMBbl/d, maintaining stable levels through 2026. marketed natural gas production in 2025.

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OPEC+ cuts and Trump tariffs force price downgrade

Enverus

The organization is now downgrading its Brent price forecast to $70/bbl for 2025 and $65/bbl for 2026 because of OPECs decision to unwind cuts and economic headwinds caused by the implementation of President Trumps tariffs and subsequent retaliatory measures. CALGARY, Alberta (Mar.

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