Veren shareholders approve $15-billion combination with Whitecap Resources

Shareholders approve $15-billion Whitecap-Veren deal

Whitecap Resources Inc. is on track to join forces with Veren Inc. next week after shareholders of both companies gave their blessing for the $15-billion deal.

Shareholders approve $15B Whitecap-Veren deal

The Calgary-based companies announced a friendly deal in March that they say will create the seventh-largest Canadian oil company by production.

Veren shareholders approve $15-billion combination with Whitecap Resources

The combined company will continue operating under the Whitecap name and management team

Whitecap Resources is merging with Veren next week, after the shareholders of both companies have approved the $15 billion deal.

Whitecap Resources Inc. and Veren Inc. announce results of Special Shareholder Meetings

CALGARY, AB, May 6, 2025 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) and Veren Inc. ("Veren") (TSX: VRN) (NYSE: VRN) are pleased to announce that the shareholders of each company have voted in favour of the previously announced business combination between Whitecap and Veren (the "Business Combination"). On May 6, 2025, Whitecap and Veren