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 > WTI

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Comment by baranjaon Aug 04, 2022 11:21am

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Post# 34871118

RE:WTI

Nobody on the planet will sell a drop of oil for US dollars any more. They are sick and tired of this rigging. That would mean the end of petrodollar and USD as reserve currency and massive shortages of oil in the West.

iMAnewBE wrote: I keep reading there is a 30$ war premium to to oil. LOL.
That would put todays oil price at only 60$. ???? Is this because of the SPR release every day. I'm so confused about this sector. Does anybody have any clarity on this, or are you all just as confused as I?

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