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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Post by tinman8on Feb 28, 2020 2:56pm

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Post# 30748549

BASIC TRUTHS

Unfortunately the oil and gas industry has up until recently been very poor at presenting the positive aspects. LNG exports to the Far East will do way more to reduce planetary CO 2. than the highly inefficient carbon tax. Revenue from a flourishing energy sector can pay for so many important things.. Oil and natural gas will be needed for decades to come and other countries know this and will simply make up for any cuts Canada makes.
IMHO we need new leadership to turn things around. Cheers, Tinman

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