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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

Post by pppon Jul 28, 2022 2:59pm
246 Views
Post# 34857841

4 well pad 10000 bbls per day WOW!!!

4 well pad 10000 bbls per day WOW!!!The company's most recent four-well (2.6 net) 12-33 Montney pad at Kakwa that is jointly held with XTO was brought on production late in the second quarter and has produced at an average rate of 2,150 boe/d per well (45 per cent liquids) in the first 30 days of production. The wells are continuing to clean up with the pad producing at an average rate of over 10,000 boe/d (40 per cent liquids) over the past seven days prior to being tied into permanent facilities. Further, its three-well (2.4 net) 14-13 pad has now been producing for 180 days at an average rate of 1,832 boe/d per well (33 per cent liquids) which is similar to the average rate over its first 90 days on production.

Now I know why WCP bought XTO. These are some stellar results. 
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