Whitecap Resources Inc. is pleased to announce its 2022 budget, an accelerated fourth quarter 2021 capital program and 38% increase to its dividend. Highlights 2022 Budget. Capital spending of $470 - $490 million is expected to generate average production of 121,000 - 123,000 boe/d . The budget is $90 million lower than preliminary expectations, with approximately $55 million due to acceleration of capital into late Q4/21 [...]
Whitecap Resources Inc. is pleased to announce that it has entered into a definitive agreement with Topaz Energy Corp. for the sale of a newly formed 5% Gross Overriding Royalty on its working interest in the Weyburn CO2 Unit for cash proceeds of $188 million. The transaction is expected to close on or before October 31, 2021. Following the completion of the GORR sale, Whitecap will retain its operated 65.3% working [...]
Whitecap Resources Inc. confirms that a cash dividend of Cdn. $0.01625 per common share in respect of September operations will be paid on October 15, 2021 to shareholders of record on September 30, 2021. This dividend is an eligible dividend for the purposes of the Income Tax Act . About Whitecap Whitecap Resources Inc. is an oil-weighted growth company that pays a monthly cash dividend to its shareholders. Our business [...]
Whitecap Resources Inc. confirms that a cash dividend of Cdn. $0.01625 per common share in respect of August operations will be paid on September 15, 2021 to shareholders of record on August 31, 2021. This dividend is an eligible dividend for the purposes of the Income Tax Act . About Whitecap Whitecap Resources Inc. is an oil-weighted growth company that pays a monthly cash dividend to its shareholders. Our business is [...]
Whitecap Resources Inc. is pleased to report its operating and unaudited consolidated financial results for the three and six months ended June 30, 2021. Selected financial and operating information is outlined below and should be read with Whitecap's unaudited interim consolidated financial statements and related Management's Discussion and Analysis for the three and six months ended June 30, 2021 which are available at [...]
CALGARY, AB, July 15, 2021 /CNW/ - Whitecap Resources Inc. confirms that a cash dividend of Cdn. $0.01625 per common share in respect of July operations will be paid on August 16, 2021 to shareholders of record on July 31, 2021. This dividend is an eligible dividend for the purposes of the Income Tax Act . In addition, Whitecap announces that it intends to release its second quarter 2021 results before market open on [...]
CALGARY, AB, June 15, 2021 /CNW/ - Whitecap Resources Inc. confirms that a cash dividend of Cdn. $0.01625 per common share in respect of June operations will be paid on July 15, 2021 to shareholders of record on June 30, 2021. This dividend is an eligible dividend for the purposes of the Income Tax Act . About Whitecap Whitecap Resources Inc. is an oil-weighted growth company that pays a monthly cash dividend to its [...]
CALGARY, AB, May 17, 2021 /CNW/ - Whitecap Resources Inc. is pleased to announce that it has successfully closed the previously announced acquisition of Kicking Horse Oil & Gas Ltd. . Whitecap acquired all of the issued and outstanding common shares of Kicking Horse for consideration consisting of 34.5 million Whitecap common shares, $56 million in cash and also assumed Kicking Horse's net debt . Montney Resource Play [...]
Whitecap Resources Inc. is pleased to report its operating and unaudited consolidated financial results for the three months ended March 31, 2021. Selected financial and operating information is outlined below and should be read with Whitecap's unaudited interim consolidated financial statements and related management's discussion and analysis for the three months ended March 31, 2021 which are available at www.sedar.com [...]
Whitecap Resources Inc. is pleased to announce that all matters presented for approval at the annual and special meeting of shareholders held today have been fully authorized and approved. A total of 288,066,458 common shares representing 48.23% of Whitecap's issued and outstanding common shares were voted in connection with the meeting. At the meeting, by ordinary resolution, the number of directors to be elected at the [...]
Whitecap Resources Inc. confirms that a cash dividend of Cdn. $0.01508 per common share in respect of April operations will be paid on May 17, 2021 to shareholders of record on April 30, 2021. This dividend is an eligible dividend for the purposes of the Income Tax Act . In addition, Whitecap announces that it intends to release its first quarter 2021 results before market open on Thursday, April 29, 2021 and has [...]
Whitecap Resources Inc. is pleased to announce that it has entered into an arrangement agreement to indirectly acquire Kicking Horse Oil & Gas Ltd. , a privately held indirect subsidiary of Quantum Energy Partners, for aggregate consideration of $300 million, consisting of 34.5 million Whitecap common shares and $56 million in cash and the assumption of net debt estimated at $54 million as at February 28, 2021. Kicking [...]