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by Stockwatch Business Reporter

West Texas Intermediate crude for July delivery lost 37 cents to $61.20 on the New York Merc, while Brent for July lost 47 cents to $64.44 (all figures in this para U.S.). Western Canadian Select traded at a discount of $12.00 to WTI, down from a discount of $11.90. Natural gas for June lost 11 cents to $3.25. The TSX energy index lost a fraction of a point to close at 256.33.

Grant Fagerheim's Alberta- and Saskatchewan-focused Whitecap Resources Inc. (WCP) lost five cents to $8.49 on 21.5 million shares. Today it confirmed that it will shake off the U.S. reporting obligations that it inherited through last week's merger with the TSX- and NYSE-listed Veren. Leading up to the merger, which closed May 12, Whitecap showed little interest in interlisting (which is different from merely being registered under the U.S. Securities Exchange Act, a process that happened automatically once Whitecap became Veren's successor entity). Now it has made its choice official by filing a deregistration notice on EDGAR.

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