Whitecap Resources to acquire NAL Resources from Manulife Financial
Whitecap Resources has signed an all-stock deal worth around CAD155 million ($118.6 million) to acquire rival Canadian oil and gas company NAL Resources from a fully-owned subsidiary of Manulife Financial. NAL Resources has oil and gas assets across Alberta and Saskatchewan and is presently producing nearly 27,000 boe/d, of which 55% is oil and natural […]