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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
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Comment by nijinsky70on Oct 29, 2012 11:25pm
206 Views
Post# 20537764

RE: RE: Took some profits - WTI bearish trend

RE: RE: Took some profits - WTI bearish trend

Couldn't agree more.

 

You can sell anytime, why do it now without waiting to see the Q3 results first?  As well, you may want to wait another quarter and see if they do declare a dividend come next February.  That seems to be the ideal timing to initiate WCP as a dividend paying stock.  If it does not happen by then I would sell, because it'll never happen.  YE results would be the perfect window for such an announcement. 

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Dealroom for high-potential pre-IPO opportunities