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

Bullboard Posts

Comment by veronikagermanyon Jun 08, 2013 4:42am

124 Views

Post# 21501516

Dennis GARTMAN

I think oil price will not drop below $85. I remember Dennis Gartman and his newsletter in CNBC was claiming that oil would drop to ~$70...how wrong he was....

This helps WCP but WCP is not cheap currently. There are cheaper oil-weighted plays there. However I like TID most of all.....I believe that Tuscany International Drilling can yield a lot more than the E&P Canadian plays which are heavily dependent on Edmonton fluctuations and have been murdered lately....

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?