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Whitecap Finalizes Acquisition of NAL Resources

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   |    Monday,January 11,2021

Whitecap Resources Inc. has completed the previously announced strategic combination with NAL Resources Limited, whose asset portfolio is prospective for the Cardium and Canadian Bakken.

The all-stock deal is valued at $155 million.

Whitecap issued approximately 58.3 million Whitecap common shares in exchange for all the issued and outstanding NAL shares.

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