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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Comment by dalerules88on Dec 05, 2018 3:29pm

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Post# 29071064

RE:RE:RE:RE:Oil Crashes & Recovery

to your note on vancouver real estate

true, average prices are declining, because the top end of the market, which was well in bubble territorry, has cooled off;

but try and buy new construction anywhere in vancouver region for a decent dollar.. not gonna happen; everything sells pretty much right away, for what is historically overblown prices;

1996 a new 3 bedroom townhouse cost 146,000
2018 a new 3 bedroom townhouse cost 659,000

new construction prices are not budging; only the top of the market; so that won't hit GDP at all, other than multiplier on any monies made by re-sellers etc;

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