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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

Comment by 1970Craigon May 26, 2022 10:02pm
277 Views
Post# 34710952

RE:Whitecap and Crescent Point See-Saw battle continues

RE:Whitecap and Crescent Point See-Saw battle continues

Honestly.  Makes some sense !  I have a inside source cant say who because they would probably get fired , but Arc resources apparently has aspirations of doing some more aquisitions since 7 Generations , and Whitecap is one they would like , but I Walt to stress , it's one they would like I am told and at the time I was told this , there was nothing happening as far as even engagement of talks.  Likely a whiteboard with goals , and potential targets.  Cresent point was there too. 

  Here is verbatim what I was told , Arc wants to be the biggest non oil sands oil - gas operator. 

    This is from an incredibly reliable inside high up person .  I don't ever say stuff like this.  It's just words , and I want to be clear there was no talks under way.  Just a wish list!

    It makes sense with my thoughts around the only way Grant gets paid is selling the whole thing. 

   C 

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