Announced

Whitecap Resources to acquire Kicking Horse Oil & Gas from Quantum Energy Partners for $239m.

Synopsis

Whitecap Resources, a Canadian public oil company based in Calgary, agreed to acquire Kicking Horse Oil & Gas, an oil and gas subsidiary, from Quantum Energy Partners, a private equity firm focused on the energy industry, for $239m. “I’m proud of what our team has accomplished, building a world class asset with strong returns and an attractive free cash flow profile, especially in a challenging energy environment. We see this asset base as another significant facet of the expanding Whitecap footprint which will benefit from the advantages of scale as part of a larger franchise," Steve Harding, CEO Kicking Horse.

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