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 > Contango reported on BNN Commodities

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Post by summerb37on Mar 16, 2021 8:23pm

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Post# 32813654

Contango reported on BNN Commodities

Check out BNN commodities today if you want to hear their brief report on the current contago oil market. Another reason for shorting/sell oil/gas company shares.

https://www.bnnbloomberg.ca/commodities/video/futures-curve-signals-potential-trouble-for-oil-prices~2161744

https://www.investopedia.com/articles/07/contango_backwardation.asp

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