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Whitecap In Share Buybacks

As part of a 19.1 million share transaction at a price of $10.34 per share, Whitecap Resources Inc. has repurchased 10 million shares for cancellation by way of a block trade using its normal course issuer bid (NCIB) and other institutional shareholders have purchased the remaining shares.

Cathedral In Bought Deal Financing

Cathedral Energy Services Ltd. has entered into an agreement with Acumen Capital Finance Partners Limited on behalf of itself and on behalf of a syndicate of investment dealers, pursuant to which the underwriters have agreed to purchase, on a "bought deal" basis, 28.58 million units of the company at a price of 70 cents per unit for aggregate gross proceeds to the company of $20 million.

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