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.

TSX:WCP - Post by User

Whitecap Resources Inc > SAUDI ARAMCO - SUPPORTS OIL PRICE

<< Previous

Bullboard Posts

Next >>

Post by 1970Craigon Nov 17, 2022 12:17am

287 Views

Post# 35105654

SAUDI ARAMCO - SUPPORTS OIL PRICE

It's a public company who's assets are controlled by the Saudi Arabia Government. If Saudi ARAMCO doest so well it's ? What 5 % float that went public looks bad as well.

I think the stock being public on any leval gives reason to push for higher oil prices so I see Opec continuing strongly to support the prices and they must for oil to continue but for them to reach there economic goals after carbon relience.

These are just my thoughts ? So that is a Ramble !

Craig

<< Previous

Bullboard Posts

Next >>

Cannara reports record growth and profitability in Q4 2023