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 > The aquisition

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Comment by Citizen13on Jul 04, 2022 2:35pm

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Post# 34799800

RE:RE:Re: The aquisition

The big bys have so much mney to play with they dont give a damn. They walked right out of Russia at a massive loss. I remember selling machines in Edmonton for the OG industry. Sclumberger bought millions of dollars of CNC machines and then decided to just shut the whole place down as it was pocket change to them. When times are good, they are incredibly good.

iMAnewBE wrote:
Who cares. Exxon is sometimes too big for thier own good. Instead of saying " why did Exxon sell at such a loss". You should be saying " wow WCP picked up a good deal"

one can't accuse the buyer of paying too much and then turn around and implying the seller of dumping too low.