Canadian-origin light and medium crude oil, tight oil and condensate from WCSB properties in Alberta and Saskatchewan (including Veren light/medium, NGL and gas assets amalgamated 12 May 2025). 23 Feb 2026 results: 2025 average 89,672 bbl/d light and medium oil and 63,033 bbl/d tight oil (152,705 bbl/d crude). Company: NI 51-101 includes condensate within NGLs; Whitecap discloses condensate combined with crude oil because condensate prices like crude; crude therefore refers to light oil, medium oil, tight oil and condensate. 2025 YE FS: transacts with oil and natural gas marketing companies and commodity end users. No published seaport cargo. Could move by pipeline or truck. Not a refined-fuels grade. Not heavy crude (no heavy-oil line in the 2025 reserves/production tables). Not 2714 tar sands.