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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 ElectroWaveon Jul 04, 2022 2:16pm
180 Views
Post# 34799741

RE:Its not a horrible deal

RE:Its not a horrible deal

Whitecap has been great at timing market acquisitions but it's selection criteria has been awful and quality control systems are non-existent.  Ask yourself why many of the play type curves have been removed from the investor presentations..... What shocks me is how one can demonstrate how they have lied to investors yet banks keep turning a blind eye.  I think it was National and TD that participated in this one..

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