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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 WINDGOD46on Oct 06, 2022 9:09am
241 Views
Post# 35008901

Beware the Saudis, Joe

Beware the Saudis, JoeWe hear Joe is fuming against the Saudis for cutting back oil production by 2M a day. That would presumably cause the gasoline price in the States to go up and it may even cost the Democrats the Nov. elections. When dealing with the Saudis one would recommend caution given the criminal history from that Kingdom. We'll recount a few: The 9/11 is said to have been engineered in Saudi Arabia by Bin laden. The first and the second Gulf War was triggered by the Saudis when they sold the War bonds that had sold to Sadam Husein to City Bank and in turn they forced Sadam to honour them and Sadam refused triggering the 1st Gulf War. Three years ago the flamboyant prince of the realm organized the killing and dismemberment of Koshogi a Saudi Liberal criticising the Prince. On top of that the US dollar has been tied to the Saudi oil ever since it came off the gold standard in the early'70s. Lately the Saudis seem to boycot the dollar by trading in Chinese yuan or Roubles. Joe with his liberal ideas has criticized the Prince and has soured relations with S Arabia. Something that has angered the prince hence his hostile actions against the US.
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