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Whitecap Resources to acquire Kicking Horse Oil & Gas for $239m

By Pallavi Madhiraju on April 5, 2021 Energy Industry News

Whitecap Resources acquisition of Kicking Horse Oil & Gas : Canadian oil company Whitecap Resources has signed a cash-cum-stock deal worth CAD300 million ($239.4 million) to acquire Kicking Horse Oil & Gas. Based in Calgary, Kicking Horse Oil & Gas is an indirect subsidiary of US-based private equity firm Quantum Energy Partners. The consideration is […]

Canada’s Whitecap Resources and TORC Oil & Gas to merge in $703m deal

By oilandgasnews365 on December 9, 2020 Energy Industry News

Canadian oil and gas companies Whitecap Resources and TORC Oil & Gas have inked an all-stock merger deal worth nearly CAD 900 million ($703.4 million) to create a light oil weighted producer in Western Canada, valued at $3.12 billion. As part of the deal, Whitecap Resources will assume TORC Oil & Gas’ net debt of […]