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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

Post by 1970Craigon Mar 04, 2022 3:42pm
183 Views
Post# 34484788

Above $10 close - Tracking !!

Above $10 close - Tracking !!

After yesterday I thought , wow ? We sold off , I even bought more of sold off so much.   I had said we would close above 10 in the next 2 days.  What a yo yo.  

      Either way !   For those of us with brass you know what ,   Think about buying these stocks when everyone was saying it's over for the Canadian Oil patch.  Everyone was running.   I won't lie.   I actually just am crazy I had lost so badly especially in the midst of covid, I doubled Down , and then some.  Some people at the time would of said you were throwing good money after bad. 

     Anyway , through the noise the fundamentals , the world needs oil , and take away cars and you still have 74  percent of needed production for the rest of the uses.  

    Cars are going I am sire of that , but over time , and it's going to be a long time before they are building freight haulers to travel the long Road.  

       Someone mentioned that they are putting all this money or thought into electric cars.   Is there just no say
to make a combustion engine near perfect.   Or find awry to make it spit out something actually good.  

       Would wonder about some break throughs in that department.   I know nothing.  But they used to always talk about reducing emmisins in cars ext.....   ?  What about that to perfect or close to it.    

      Either way , all of my thoughts about oil.  I actually feel the green movement is the modern Industrial Age.  

    It can be a massive future for the kids.  Of it actually makes the world a better place.  Great.   All for it. 

   But have a plan that actually works ?  Look at Europe. 

       This is a shot sho.  America can't even afford to sanction Russia.   Who holds the cards ?  

     I am just chatting here !  So forgive my MOST RAMDOM RANT ! 

       Checking out now !!  Have a good weekend , go Canucks go.  Leafs and Canucks tomorrow.  Gonna be a huge game for my team.   We have to win.  

    

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