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 > WCP debt to be $800 Million or less

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Comment by Beakr123on Apr 06, 2022 11:20am

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Post# 34580608

RE:RE:WCP debt to be $800 Million or less

I see a lot of folks on these boards worrying about the daily price swings which to be honest are so miniscule in the grand scheme of things. Look at the bigger picture here and it'll be easy to remain patient. Historically we are in the slow season for oil demand and we are STILL showing week over week draw downs most weeks. Think about what will happen when everyone starts travelling and summer demand picks up. We are in for a wild ride so sit back and relax. We'll be white knucklin' it in no time.

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