All about Canadian credit cards. Learn the ins and outs and get the latest news.
Latest News
Funding a small business when you have a low credit score + MORE Apr 16th
If you're looking to fund a new business but don't have the credit or established history to get a loan, there are ways to do it without resorting to a high interest loan.... More »
Receive up to a 30% discount when you buy Air Canada Aeroplan points + MORE Dec 21st
Air Canada Aeroplan has an end of year buy points promotion is now available. Members can receive up to a 30% discount when buying points with this promotion until January 3, 2025 The up to 30% discount offer: Receive up to a 30% discount when you buy or gift 10,000 or more Air Canada Aeroplan [&#.... More »
Rewards Canada reviews the Neo Mastercard, redeem for Amex prepaid cards with a discount & 40% off AeroMexico award flights out of Montreal + MORE May 25th
Here's your Rewards Canada Daily update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. Today's update is brought to you by the HSBC High Rate Savings Account with which you can enjoy a total annual interest rate of up to 2.65% on new deposits± .... More »
New subprime accounts power credit card growth + MORE Sep 24th
New subprime accounts, driven by millennials, power growth.... More »
RWRDS Daily Update – September 12, 2023 + MORE Sep 12th
The Ultimate Travel Credit Card Portfolio for those just starting with points & miles and Rogers Mastercard will only require one Rogers Service to earn 2% cash back. Check out today's points & miles updates here:
The post RWRDS Daily Update – September 12, 2023 appeared first on Rewards.... 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…
