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

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Comment by pppon Mar 17, 2020 5:45pm

167 Views

Post# 30819047

RE:should of cut it all

IMO thats 9 months that companies without hedges are going face. Sure demand is going to drop but so is production. IMO WCP will out last 75% of the NA drillers. By the end of the year I am sure the games will be over for OPEC Russia and the shale drillers.

Imploding the oil industry will make the CV look like a walk in the park just think what would happen if production dropped 10%. over the next 2 years.Remember demand was 100 mil bbls before this started.

Bullboard Posts

They started in video game investing, now they serve high net worth traders