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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 shakkaon Jul 04, 2022 4:50pm
232 Views
Post# 34800183

RE:RE:Grant's chit chat ...

RE:RE:Grant's chit chat ... Grant is a genious. These assets are going to be minting money in 9-12 months time. The .73/yr dividend will be increased I think in 18 months to ateast $1/yr.

Natural Gas is still cheap in NA. I expect this winter to be brutal in NA and we will see some serious appreciation in Nat Gas prices, exceeding the $9 that we hit last month. That is where the jewel is with the XTO assets and Grant sees this.

I wouldnt be surprised if Nat Gas is exported from Canada to Europe later this year early next. I think this is what Grant was referring to when he said the Govt has been asking to increase production.

Whitecap is well positioned for all this. Ignore the short term noise.

Good luck!

Shak
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