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Whitecap Resources Inc. and Midway Energy Ltd. announce completion of arrangement

Client

  • Whitecap Resources Inc.

Date

  • April 20, 2012

On April 20, 2012, Whitecap Resources Inc. (TSX:WCP), a western Canada light oil producer, acquired Midway Energy Ltd (TSX:MEL) for a total consideration of approximately C$450 million. Midway is a light oil weighted public company with its primary operations located in the Garrington area of Alberta where the majority of its production and reserves are focused in the Cardium formation.

Whitecap was advised by Norton Rose Canada LLP with a team comprised of Justin Ferrara, Kirsty Sklar, James Jerrard, Alan Harvie, John Carleton, Brad Schneider and Dion Legge.

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