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 > Can $ going to 50 cents US

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Comment by iwpeteon Sep 22, 2022 11:09pm

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Post# 34980852

RE:RE:Can $ going to 50 cents US

When the Fed Res in the US raises interest rates aggressively the AU NZ and CAD $ go down. CAD $ is not backed by anything. We sold our gold long ago. Even raising Canadian interest rates won't help much. In 2016 Canadian $ went to around 68 cents. In 2002 it went to 62 cents.
Today Canada has over $2 trillion in debt.
Have to hold hard assets.

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