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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 > Eating Tomorrow's Food
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Post by WINDGOD46on Oct 14, 2021 1:06pm
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Post# 34005815

Eating Tomorrow's Food

Eating Tomorrow's FoodFor those advocating massive buy-backs and /or returning capital to shareholder today instead of expanding exploration and production and increasing the pye for tomorrow, I have this to say: To sustain the level of production tomorrow you have to make up for the depletion of the resource today. The depletion rate is currently 20%  and if not addressed today will be worse tomorrow. This malaise of immediate gratification is destroying North America. Live today and forget about tomorrow will be the Nemesis of the future. Take a look at the state of the planet and the mayhem our abuses have caused. 
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