Tuesday, September 16, 2025

7:00 am Breakfast | 7:30 am – 8:30 am Presentation

The Calgary Petroleum Club | Devonian Room
319 - 5 Avenue SW 

PADA is pleased to present

The creation of a leading light oil and condensate producer through the strategic $15B combination of Whitecap Resources Inc and Veren Inc

Grant Fagerheim
President and CEO, Whitecap Resources Inc.

  Whitecap is the 7^th largest Canadian oil and gas producer and 5^th largest Canadian natural gas producer. The company has the largest land position in the Alberta Montney and Duvernay, with current production of ~365,000 boe/d and a 2025 capital expenditure budget of $2B. 

  Join us for a fire side chat with Grant Fagerheim as we discuss his experience in creating the successful business combination and some of the challenges he faced at different stages of the transaction.  We will hear from Grant on his vision and strategy for the proforma entity and the milestones Whitecap has achieved during the integration process of the Veren asset base. 

  Grant Fagerheim is President and Chief Executive Officer of Whitecap Resources Inc., a position he has held since it was founded in 2009. Aside from Whitecap Resources, Mr. Fagerheim also founded Kereco Energy Ltd. (Cadence), Ketch Resources Ltd., and Ketch Energy Ltd. He was appointed to the board of The Fraser Institute in January, 2020. He has worked in both the Canadian upstream and downstream segments of the energy industry. His past directorships include both public and private energy producing and service companies.

  Mr. Fagerheim is an active member in the community in both volunteer and charity roles and has a passion for combining academics with athletics. He is a past director of the Hockey Canada Foundation and has served as Chairman of the Edge School for Athletes in Calgary. In recognition for his contributions to Canada, Mr. Fagerheim was awarded the Queen’s Diamond Jubilee Medal in 2012, the Queen’s Platinum Jubilee Medal in 2022 (Alberta) and the Queen’s Platinum Jubilee Medal in 2023 (Saskatchewan). He was inducted into the Saskatchewan Oil & Gas Hall of Fame in 2017 and was named Saskatchewan Oil Person of the Year in 2021.

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