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Whitecap is still very much serious about CO2 injection, but for enhanced oil recovery

  CALGARY, BELLE PLAINE – Back in 2021, with an ever-escalating carbon tax seemingly assured to remain in place, corporations with notable greenhouse gas emissions were looking for a way to reduce those emissions. One scheme that was developed was a “carbon hub”...

Whitecap Resources and Veren combine in a $15 billion all stock deal: The Saskatchewan perspective

For Saskatchewan, the deal is in some ways “getting the band back together”   WHITECAP RESOURCES AND VEREN TO COMBINE IN A $15 BILLION TRANSACTION TO CREATE A LEADING CANADIAN LIGHT OIL AND CONDENSATE PRODUCER CALGARY, ALBERTA – A blockbuster merger...

What’s a drilling rig doing southeast of Moose Jaw? Drilling a CO2 sequestration well, naturally

BELLE PLAINE – It’s not often, if ever, you see a drilling rig working along Highway 39 due south of Belle Plaine and southeast of Moose Jaw, but there it is. Ensign Drilling Rig 808 is punching a hole, a deep one. And not for the reason you might think. The obvious...

Whitecap to buy CO2 from SaskPower until 2035, providing market for SaskPower’s BD3

CALGARY, WEYBURN, REGINA – What’s the future of coal-fired power generation in Saskatchewan? At least another 11 years. That’s according to the announcement of carbon dioxide purchase agreement Whitecap Resources Inc. and SaskPower, announced by Whitecap on Aug....

Whitecap Resources’ big CO2 plans, according to Grant Fagerheim, Saskatchewan Oil Person of the Year

  WEYBURN – On June 1, Whitecap Resources CEO Grant Fagerheim was honoured as Saskatchewan’s Oil Person of the Year. A lot of that had to do with how he is leading his company in major developments in carbon dioxide capture, utilization and storage, particularly...
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