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Amex Shop Small promotion returns for the summer! Receive a $5 credit for every $10 you spend at up to 5 participating small businesses + MORE Jul 1st
American Express Canada's awesome Shop Small offer is back for its summer run! This is an amazing promotion that many Amex Cardmembers eagerly await each year. For the next eight weeks Cardmembers are encouraged to use their Amex Card at participating Shop Small merchants to receive a $5 .... More »
PM pledges 'significant steps' against domestic violence - Jerusalem Post Israel News + MORE Nov 26th
Jerusalem Post Israel NewsPM pledges 'significant steps' against domestic violenceJerusalem Post Israel NewsPRIME MINISTER Benjamin Netanyahu meets with women living at a WIZO and governmentsponsored shelter for victims of domestic violence, during a tour marking International Day for the .... More »
September 14 Update: You can now book Aeroplan reward tickets for Canadian North online, WestJet adds no charge COVID-19 Travel Insurance ahead of slightly expanded international flying schedule + MORE Sep 15th
Aeroplan members can now book Canadian North reward flights online on the Aeroplan website. Prior to this you had to call in to book reward flights and pay the phone in booking fee. This is nice little update to the program in your ability to search and book these famous flights online. The.... More »
December 9 Update: AeroMexico to YYC, now book JAL flights with Mileage Plan miles, dine & earn SCENE bonus points Dec 10th
News, Tips & Tricks AeroMexico is further expanding their presence in Canada. The SkyTeam Alliance airline is adding daily Calgary to Mexico City flights starting on June 1, 2017. This marks the airline's fourth city in Canada after Montreal, Toronto, and Vancouver. You can check out bonuses.... More »
Final Day! Best ever bonus of 55,000 points on the RBC Avion Visa Infinite Card + MORE May 1st
The best ever bonus of up to 55,000 Avion points on the RBC Avion Visa Infinite card is coming to a close at the end of today and it will not be extended! This is one of the easiest welcome bonuses to achieve in the market and is great for someone looking to get quick […]
The post Final Day!.... More »
Whiting to become No. 1 Bakken region producer in deal to buy Kodiak for $6 billion in stock
– canadianbusiness.com
DENVER – Whiting Petroleum Corp. said Sunday it is buying Kodiak Oil & Gas Corp. for $6 billion in stock, worth $13.90 per share, in a deal that will make it the largest producer in the booming Bakken region of North Dakota and Montana.
The combined company had over 107,000 barrels of oil equivalent production per day in the first quarter.
The merger is meant to take advantage of cost savings through technological expertise, complementary drilling areas and better access to capital. It also gives it a stronger credit profile.
Whiting CEO James Volker said both companies’ shareholders will benefit from the combination. Next year, the company is expected to produce 152,000 barrels of oil equivalent per day, he said.
The deal will increase earnings per share starting in 2015.
Kodiak shareholders will get 0.177 shares of Whiting stock for every share they hold. The value is about 5 per cent above the average price over the last 60 trading days. After the transaction, Whiting shareholders will own about 71 per cent of the company, while Kodiak shareholders will own about 29 per cent…
The combined company had over 107,000 barrels of oil equivalent production per day in the first quarter.
The merger is meant to take advantage of cost savings through technological expertise, complementary drilling areas and better access to capital. It also gives it a stronger credit profile.
Whiting CEO James Volker said both companies’ shareholders will benefit from the combination. Next year, the company is expected to produce 152,000 barrels of oil equivalent per day, he said.
The deal will increase earnings per share starting in 2015.
Kodiak shareholders will get 0.177 shares of Whiting stock for every share they hold. The value is about 5 per cent above the average price over the last 60 trading days. After the transaction, Whiting shareholders will own about 71 per cent of the company, while Kodiak shareholders will own about 29 per cent…
