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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 Samsda1on Jul 25, 2022 6:07pm
197 Views
Post# 34849541

RE:RE:RE:RE:RE:Lagging behind

RE:RE:RE:RE:RE:Lagging behindI added more when they did that  purchase. 

I liked the idea of adding more gas with LNG Canada almost within spitting distance and i also liked the addition of the longer term reserves.

I am bit of a layman but to me this reduced the risk dramatically.

I also think that you are going to see a lot more of these purchases - one company can operate cheaper than 2 or 3 seperate companeis
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