Whitecap Resources Inc T.WCP

Alternate Symbol(s): SPGYF

Energy Oil & Gas E&P

Whitecap Resources Inc. is an oil-weighted growth 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.

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Whitecap Resources Inc

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Post by Indicatoron Aug 25, 2015 3:58pm

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Post# 24050223

"Oil’s 'silly' situation" . . .

"Oil's Silly Situation - Markets treating oil companies like its 1998"

Crude oil is testing levels not seen since 2009, but the market is treating oil companies like its 1998 – a time when oil was trading just above $10 a barrel, says Martin Roberge, Managing Director, North American Portfolio Strategy at Richardson GMP.

“People are saying commodity prices are heading lower, but the valuations are already lower than at the prior cyclical bottom in commodities,” Roberge tells BNN.

https://www.bnn.ca/News/2015/8/25/Oils-silly-situation-Markets-treating-oil-companies-like-its-1998.aspx

Bullboard Posts

This junior mining stock offers billions in market exposure