Whitecap Resources

Whitecap Slips into Black on Better Prices, Boosts Carbon Reduction Targets

Whitecap Slips into Black on Better Prices, Boosts Carbon Reduction Targets

Whitecap Resources Inc. scored a financial comeback in the first six months of this year while also taking steps to further reduce greenhouse gas (GHG) emissions. Following a series of acquisitions of smaller companies, Whitecap oil production grew to 72,475 b/d in first-half 2021 from 55,349 b/d a year earlier. Natural gas rose to 140.9MMcf/…

August 3, 2021
Whitecap Expands Montney Shale Footprint with Kicking Horse Acquisition

Whitecap Expands Montney Shale Footprint with Kicking Horse Acquisition

Whitecap Resources Inc. increased its liquids-rich Montney Shale natural gas assets with a C$300 million ($240 million) takeover of private equity-backed Kicking Horse Oil & Gas Ltd.The acquisition includes ownership interests averaging 65% in 92 square miles of Montney production and future drilling targets in the Grande Prairie area of northwest Alberta. “We are excited…

April 6, 2021