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.

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Whitecap Resources Inc

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Comment by JohnnyUtah16on Aug 28, 2019 12:49pm

89 Views

Post# 30075306

RE:Another smokescreen?

Here's the facts since this comment makes it sound like they only invested chump change. With Fagerheim making about 3.5M this year and his total stock purchases on the public market were roughly 440K so far this year, likely more to come. That means he used about 8% of his personal income to buy WCP shares. Thats roughly inline with what I've invested in WCP as a percentage of my income. As for the CFO with an income of 2M, they have invested 287K of their income this year which works out to about 7% of their income.

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