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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 iwpeteon Aug 19, 2022 9:58am
293 Views
Post# 34907028

RE:RE:$125 OIL

RE:RE:$125 OILHere's another way to look at the China story.  Sure there's financial downturn, but just like the US and Canada, China will stimulate and print money (or it's revolution).  So oil at $125 or $250 or what ever,.... you're being paid in printed money, paper.  My whole objective in investing in oil and gas is to counter the inflation that is being created.  My wife just paid $1600 for  blinds that should have cost $250.  I bought a Honda that cost over $60,000.... that's six times as much as my first house.  I have some gold and silver, but you don't need gold and silver...but you sure as heck need energy, oil and gas.  Winter is coming.  I probably sold my coal too soon.
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