Combined company targets 100 MBOEPD in 2019 with $750 million CapEx budget
After a quiet first quarter, Canadian M&A activity has been busy in Q2 2018, with two major producers merging today.

Baytex Energy (ticker: BTE) and Raging River Exploration (ticker: RRX) announced a strategic combination, creating a company with a combined enterprise value of about $5 billion.

The combined company will have a major presence in North American oil production, with assets in Alberta, Saskatchewan and Texas. The combined company is expected to pr...

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