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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 PeterWrighton Mar 18, 2020 8:42am
153 Views
Post# 30820626

RE:Russia getting tired of it?

RE:Russia getting tired of it? Russia will have to come to their senses. $40 WTI breaks most North American companies. They have to understand that if $40 WTI kills NA production why not support prices under $25. Pull back on production, revenue increases, cash flow increases and still destroy US shale.  OPEC+ will reach an agreement next week....oil will still stay below $40, after a production cut.  It's a win win for OPEC+.
Bullboard Posts