The total value of Whitecap Resources’ acquisitions in 2016 was ~$630 million, up 40% from 2015. This increase reflects the successful execution of one of its three top priorities for 2016, which was to capitalize on the lower commodity price environment by acquiring low-decline assets that have growth potential. Going forward, the company says it is considering additional bolt-on acquisitions in its core areas. Whitecap’s 2016 acquisitions included 11,600 boe/d (98% oil) of low-decline......
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