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

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Post by retiredcfon Feb 24, 2022 1:33pm

223 Views

Post# 34458762

Interesting Perspective

Attack pushes oil past US$100

Russia's attack on Ukraine could spell the end of globalization and help redraw global trade routes, says Bill O'Grady, chief market strategist at Confluence Investment Management. He thinks oil prices could remain elevated indefinitely.

https://www.bnnbloomberg.ca/video/attack-pushes-oil-past-us-100~2389769

Especially the second half of the clip where he can see potential for US$140 to US$150. GLTA

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