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 > UK Hits Oil & Gas Companies With 25% Windfall Tax

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Comment by lashingon May 26, 2022 2:16pm

133 Views

Post# 34709814

RE:RE:UK Hits Oil & Gas Companies With 25% Windfall Tax

Have you not noticed the last 2 years? Law and Constitutions have been shattered the whole time and people not only accepted it, they promoted it and divided from family over it. Shareholders are not getting the FCF. Been saying that awhile and get called an idiot by the same people here who love the vaccines and no fly restrictions etc.

Cant fight stupid, only profit from it. Selling is how I profited and I'm not buying back in under the next 90% drop which is dead ahead.

Citizen13 wrote: That just has to be unconstitutional/illegal. No way . Democracy and the concept of free markets would be irreversibly shattered. Not much better than a dictatorship seizing assets and making them public. Like Russia . Or Venezuela. Did the morons running the government help the oil and gas companies during their rough years when they all nearly went bankrupt ? Nope. Yikes .

Indicator wrote: OUCH !!!

https://oilprice.com/Energy/Energy-General/UK-Hits-Oil-Gas-Companies-With-25-Windfall-Tax.html