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Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

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

Comment by 1970Craigon Dec 23, 2021 4:11am
240 Views
Post# 34257120

RE:RE:RE:4th Quarter

RE:RE:RE:4th Quarter

I appreciate the additional info.  Please do your own research is probably an understatement when it comes to investing your money.   I may have misunderstood what I was reading and my take was 18 million was already used. Leaving 32 M left.  I did understand they were being lent and would have to be replaced .  

    I was however mentioning this to more or less re paint a picture of what happened right before Oil nose dived.   The SPR releases didn't do much , hoeever When covid omicron hit , all of these things brought together in around the same time prior didn't do much for the price of oil.  They all seemed to compound one another . 

   Most of witch was all seen as over blown by the likes of Goldman Sachs and others .   

     All I do is read all I can about oil , and whitecap , other stocks and other goes into my brain witch generally finds a positive spin on everything some how.  My brain is a lemon , spewing lemonade I always say.  

     I do like to get my readings and my facts straight but sometimes I don't always do so , and embarrassingly enough sometimes I don't always comprehend things the first go around , and everyonce now and then I will write something based on a first reading , and becasue I read it back words or wrong I can and am wrong !   When this happens I generally work a little harder at making sure I get my facts straight  .  Anyway , I am wrong a lot, just ask my wife !! Lol. 


    I am never offended long !!!  Lol. So I appreciate any checks and balances.    

    2 sleeps to Santa. !! Kids are excited.   

Merry Christmas 
Craig 

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