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Whitecap In Weyburn Royalty Deal With Topaz

Whitecap Resources Inc. has entered into a definitive agreement with Topaz Energy Corp. for the sale of a newly formed five per cent gross overriding royalty (GORR) on its working interest in the Weyburn CO2 Unit for cash proceeds of $188 million.

Rubellite Has 14 Wells On Production

Rubellite Energy Inc. currently has 14 (13.0 net) producing multi-lateral wells on production, including the six (6.0 net) original wells drilled by Perpetual Energy Inc. at Ukalta and the one (1.0 net) producing 2.5 leg multi-lateral well at Figure Lake acquired in January 2020.

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