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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 iwpeteon Sep 21, 2022 11:08am
304 Views
Post# 34976391

Fed rate decision is negative… but

Fed rate decision is negative… butRussia using oil and Natural gas as a political weapon

tight supply realities are creeping into the marketplace

tropical storm map in the Atlantic is beginning to look like storms popping up everywhere, increasing the odds that at least one of these storms will get into the Gulf of Mexico

fundamental realities may force energy bears to exit the market

tightening supplies of winter fuels going into winter

Natural gas prices are fighting off normal shoulder seasonal weakness

demand is going to exceed production

natural gas supply was 11.3% below the five-year average

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