Whitecap Resources, Inc.
 (SPGYF)

- Grey Market
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Last vote:
  • Mar. 20, 2015, 11:50 AM
    • Whitecap Resources (OTC:SPGYF) agrees to acquire privately-held light oil producer Beaumont Energy in a deal worth C$587.5M (US$466M) in stock and cash.
    • Beaumont has operations primarily in the Kerrobert area of west central Saskatchewan, located nearby Whitecap’s existing operations.
    • Whitecap says the deal will add 3,700 bbbl/day of production, lifting overall output by 10% to 39.7K, and expects to improve cash flow by 15% to $473M.
    | Mar. 20, 2015, 11:50 AM
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