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Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

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

Bullboard Posts
Post by MustangMatton Oct 10, 2018 1:41pm
62 Views
Post# 28774515

Vandalay2

Vandalay2The reality is that this is exactly what the government wants. 

In politics you have what the politician says, the verbal, and then what the politician does, the action.

Why is the question? 

Why are we helping the Americans? 

Is it that the U.S.A is our ally? The answer is often the most basic one.  

Do some reserch on the Petro Dollar, the relationship of the American dollar to oil.   

In my opinion The Americans are using the leverage of the Petro dollar in the fight against China and to a lesser extent other adversaries. The real goal at the moment seems to be,  instigate capital flight from China then exaserbate the flow out.  I think China has leverage issues, this is a slow process of slowly removing capital, specifcally, foriegn capital from the Chinese market. 

Canadian oil is an advantage to the Americans, Trudeau is aware, so is the rest of the world.  Cheers Matthew
Bullboard Posts