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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.


TSX:WCP - Post by User

Whitecap Resources Inc > TD on PPL/TPZ Deal
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Comment by DivChaseon Jul 04, 2024 12:18pm
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Post# 36118285

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TD on PPL/TPZ Deal

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TD on PPL/TPZ DealBaranja! Also regarding your point about his comment to raise SP over 14$,  how exactly will he achieve that with a pidly 200mil share repurchase plan.  500mil would have been a nice chunk of change to move the needle.   Instead he announced "park the majority of these sale proceeds".   Those choice of words tell be it is a cash park and this guy is planning an acquisition.   I hope I'm dead wrong and he is just a poor communicator of his intentions.  I'll be happy to eat my words.  
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