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Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

Whitecap Resources Inc. is a Canadian clean energy 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 NonCredibleSrcon Nov 03, 2022 2:40pm
188 Views
Post# 35070568

RE:RE:Update

RE:RE:Update
newcoin wrote: It's embarrassing for Canada when you look at these numbers.
How much longer must we suffer under this disastrous federal government?


CANADA doesn't hire nurses - that's generally a provincial effort - one that your provincial governments have utterly failed with - take a look at Ont and Ford's bill enforcing 1% increases max upon them while he gives his cabinet 6-14%.

A look through the numbers for Ont says the $$$ are there, he just doesn't want to spend them on what they are supposed to be spent on.

While I am in agreement that Canada could benefit from fuel exports supported by pipelines, the real question is, how long do those take to build? 

LNG is about 3X more expensive now than it was in 2020, 2.5X more than it was in 2019, and 3X what it was in Feb 2016. Sure - at today's price, we would make a killing - IF we had built the pipelines required to make that over the last couple of decades!

Given historical prices, the RIGHT time for a federal government to have pipelines up and runnign would have been 2005/6 under Martin and Harper.
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