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 > Started out like a bat out of hell

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Comment by 1970Craigon Nov 29, 2021 12:16pm

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Post# 34176134

RE:Started out like a bat out of hell

You know my thoughts exactly. I mentioned before that a CEO. Buying shares is awesome. He is buying more and more. However to actually crystallize his investment with out tanking his shares or more importantly to him his excellent reputation. He would need to sell the company or go private .

I ran the numbers and 10 dollars a share at 630 thousand shares is 6.3 B plus debt at 1 B

So I believe given he can't do this forever , he does sell whitecap , or we do ?

I ran the numbers at that price , It's very doable and it's very profitable .

It is by no means easy Nothing is !

c

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