Whitecap rides waves of change

Moves into ranks of Canada’s top 10 publicly traded oil and gas companies with takeover of Torc Oil & Gas in C$900 million deal

Gary Park

for Petroleum News

Whitecap Resources is pulling out the stops to bolster its position in the ranks of Canada’s mid-sized oil and natural gas producers, opting for takeovers rather than organic growth. In its biggest strike yet, Whitecap is buying Torc Oil & Gas in a C$565 million all-stock deal, while assuming debt e....

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