Whitecap Resources and Veren combine in a $15 billion all stock deal: The Saskatchewan perspective
A blockbuster merger was announced the morning of Monday, March 10, with Whitecap Resources Inc. (TSX: WCP) and Veren Inc. (TSX: VRN) (NYSE: VRN) announcing a $15 billion all-stock deal. For Saskatchewan, the deal is in some ways “getting the band back together.”
Westinghouse in SK, Part 3: Westinghouse signs MOUs with six Saskatchewan companies
The MOUs establish the potential for manufacturing key reactor components, including electrical equipment by Team Power Solutions and steel structures by Industrial Machine & Mfg. Inc., JNE Welding, Northern Strands Group of Companies, STC Industrial Group and Venables Machine Works.
Saturn Oil & Gas update, Part 2: Trade war, Canadian oil and Saturn’s take on it
“Certain U.S. refining markets can’t use their own country’s oil. But also, even if you’re the States, even if you had a refiner that could take both U.S. and Canadian crude, let’s say, you would likely never use your own oil because it just represents a big arbitrage opportunity.”
Saturn Oil and Gas update, Part 1: Utilizing the “Saturn blueprint”
How has the light oil-weighted producer focused on unlocking value through the development of its assets in Saskatchewan and Alberta? Through something they’re calling the “Saturn blueprint.”
Eric Cline’s Squandered: Canada’s Potash Legacy: Windfall profits, economic rent and paying for social services, Part 3
“It is abundantly clear that the division of profits from potash is grossly unbalanced. The province is shortchanging its own treasury and people.”
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