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 > All the oil majors have divested out of canada

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Comment by JohnnyDoeon Jul 02, 2022 8:03am

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Post# 34797208

RE:All the oil majors have divested out of canada

soundandfury wrote: Kinda reminds me of the oil majors all leaving russia because of the war...........only one problem that keeps raising its ugly head........in canada we are not at war........and yet oil majors continue to divest.......whats with that anyhow?

the quick answer imo is regulatory uncertainty. It's literally impossible to strategically plan investments because the dumb f$$cks keep changing the rules

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