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Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

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.


TSX:WCP - Post by User

Bullboard Posts
Comment by Gashole1on Jun 08, 2016 6:02pm
164 Views
Post# 24948352

RE:Rumour?

RE:Rumour?
skyplt wrote: Is there any truth to rumblings about SU looking at some WCP properties?  I find it a little out there as SU seems focused on acquiring areas around Fort Mac.  That being said, about this time last year I had heard the same info from the same source that SU was thinking about acquiring COS...of which management of both companies denied.  Of course, about six months later it comes out  that in fact SU did put in a bid that was turned down by COS management without discussing with shareholders.  Cost shareholders millions in the long run...but the COS directors made out like bandits.

SU and WCP = apples and oranges. Not the same business models. .. WCP trading weakly with the oil rally. Meg and BTE, SGY up huge, this up only 2 or 3%?? 

Bullboard Posts

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