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Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

Whitecap Resources Inc. is a Canadian clean energy company. The Company is engaged in the business of acquiring, developing, and holding interests in petroleum and natural gas properties and assets. Its core areas include the West Division and East Division. Its West Division is comprised of three regions: Smoky, Kaybob and Peace River Arch (PRA). The properties in its Smoky region include Kakwa and Resthaven, all located in Northwest Alberta. The primary reservoir being developed is the Montney resource play, mainly comprised of condensate-rich natural gas. Kaybob is located in the Fox Creek region of Northwest Alberta. The primary reservoir being developed is the Duvernay resource play, mainly comprised of condensate-rich natural gas. The PRA is its original asset area. Its East Division is comprised of four regions: Central AB, West Sask, East Sask and Weyburn. Its Central Alberta region represents the bulk of its Cardium and liquids-rich Mannville assets.


TSX:WCP - Post by User

Bullboard Posts
Comment by eebleron Feb 17, 2012 3:39pm
279 Views
Post# 19551595

RE: Great Results

RE: Great Results

You're not alone...I picked up some the other day but am going to wait to hear 100% on the fate of Greece's bailout package before taking up a full position.  Awesome chart that has no upper resistance to bump up against.  If it does decide to blow a gasket though, it could come down a long way since there have been very few consolidation spots on its rise.  Nice growth and they've shown they can turn acquisitions into a good return on investment.  Interesting to see that the netbacks on all the new wells they will be drilling this year are projected to be notably higher than the past.  Combine that with the production growth and that makes for a good multiplication factor on cashflow.

eebler

Bullboard Posts