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

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Post by WINDGOD46on Aug 15, 2022 10:27am

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Post# 34896384

Opec+ gearing up for action

According to oilprice.com, Opec is rumoured to want to restrict oil supply to ensure that oil prices are above $ 90 WTI and the 2020 debacle is not repeated again. Also, bear in mind that the Saudis need $85 WTI to balance their budget each year since oil is the only major source of revenues for the Kingdom. Mr Biden are you there? Are you listening?

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Soma Gold poised to extend profitable track record