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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 Wildfuryon Jan 14, 2022 10:48pm
257 Views
Post# 34319716

RE:RE:RE:just thinkin

RE:RE:RE:just thinkin
Alvarez, I forgot to mention in my last post, in 2014 oil was trading over $100 per barrel at times, thus the $16.00 WCP share price and the other variables that I mentioned as to why, either way I personally think within the next 24 months it could be trading even higher as long as oil prices stay above $75.00,we don't need $100.00 oil which would cause a reverse in demand. The real problem is that all governments love to blame the oil industry because of the general public complaining about high energy prices, fact is the government's tax it to death, then point the finger at us. They certainly love the tax revenue though.
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