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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 Citizen13on Mar 15, 2024 2:47pm
165 Views
Post# 35935449

RE:Reason why WTI may not decline

RE:Reason why WTI may not declineI dont think Screaming Joe  teleprompter cares much about the Strategic Political Reserve anymore . The USA is producing 13 Million barrels/day and the CDN supply to them is safe . The SPR means a lot less than it used to.  Now if someone threatened to destroy the supply of cookies and Pistachio ice cream, welllllll  CMon man !   If the price spikes anytime in the next 8 months they'll dump as much SPR as they can . Worry about it after November . Democracy is the best thing going , but man is it flawed.
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