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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

Post by Davesnothereon Apr 28, 2022 4:57pm
284 Views
Post# 34640303

Right now it is

Right now it is so difficult to make predictions. There is a madman in Russia sitting within arm's reach of a button, that if pushed,  could potentially change all of our lives forever.

That said, if we can keep going status quo for another 2 months, then Q2 conference call in July will be epic ! We could have the kind of upgrade that Cenovus had yesterday. Probably not a triple, but at least a meaningfull raise. Like .04/month = .48 /year. That would be huge imo.

Just need WTI to keep hovering around $100.

The way Grant said it, reaching the debt level target end of Q2,  makes me very very condident, if, big if, things remain steady.


Go WCP
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