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The Canadian Press | Canada's Trusted News Leader

The Canadian Press | Canada's Trusted News Leader

Vermilion Energy announces $1B deal to buy Westbrick, bolstering scale in Deep Basin

The Canadian Press | Canada's Trusted News Leader
Summary
Nutrition label

76% Informative

Vermilion Energy says it is acquiring privately held Westbrick Energy Ltd. for $1.075 billion .

The Calgary -based company says the transaction marks a "significant step forward" in increasing operational scale in Alberta 's Deep Basin .

The deal is expected to close in the first quarter of the new year.

VR Score

82

Informative language

84

Neutral language

84

Article tone

formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links