Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant
Oil & Gas 360ยบ
MARCH 10, 2025
Given that the value ratio of oil compared to natural gas based on currently prevailing prices is significantly different than the energy equivalency ratio of 1 Bbl : 6 Mcf, utilizing a conversion ratio of 1 Bbl : 6 Mcf may be misleading as an indication of value. Barrel of Oil Equivalency “Boe” means barrel of oil equivalent.
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