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 PAGODA5on Mar 14, 2015 1:54am

241 Views

Post# 23520679

RE:RE:RE:RE:RE:Oil is going lower

The real issue here is how long the Saudis can pump 10 million barrels a day. I have been to the Saudi fields and I know how close to the ground that sweet crude is. But they are not meeting their social obligations at $60 brent. They need a higher price to make money.

I still believe the price of crude today has more to do with Russia and Putin then any of us really know. The Saudis don't need to continue to pump yet they do. Something else is making them continue.

Bullboard Posts

Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload