article thumbnail

Whitecap and Veren Merge to Create US$10-Billion Canadian Light Oil Producer

OilPrice

The firms announced that they had entered into a definitive business combination agreement to combine in an all-share transaction valued at approximately US$10.4 billion (C$15 billion), and 370,000 barrels of oil per day (boe/d) of production, 63% of billion (C$15 billion), inclusive of net debt.

Oil 165
article thumbnail

My Top 5 Features in Unconventionals Analyst v3.2

Exprodat

The initial version of the tool gained many new users and through our support requests we could see they were making many new and innovative gun barrel plots. These further enhancements really enable you to create the gun barrel diagrams that you need, so that drawing them manually should definitely now be history!

Barrel 52
article thumbnail

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

Oil & Gas 360º

The companies have entered into a definitive business combination agreement (the “Agreement”) to combine in an all-share transaction valued at approximately $15 billion , inclusive of net debt 1. Refer to Barrel of Oil Equivalency and Production & Product Type Information in this press release for additional disclosure.

Energy 130