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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 Citizen13on Dec 05, 2022 3:21pm
254 Views
Post# 35151758

RE:RE:Toward a Natural Gas Opec

RE:RE:Toward a Natural Gas OpecMr Socks is right, There is no strong business case for LNG in Canada. That's because of his horrendous bureaucratic red tape to get anything done here . That is because of natives and their woke white friends who will fight tooth and nail to shut down any pipeline . You know , the natives who have shockingly epidemic rates of diabetes , drug and alcohol addiction , STD's and beating their women . Well my goodness, a pipeline is DANGEROUS!  That's where they draw the line on perceived danger. Canada will miss out on billions of dollars of income which will go to poo hole countries and nasty dangeorus dictatorships and the world will burn anyways. You cannot save a sinking ship by plugging one hole out of a hundred. Ending supply in your samll country does nothing about the demand in the rest of the world. He just can't grasp that concept through his thick dyslexic stuttering cranium. 



Seppelt wrote:

EU has not imposed any sanctions on Russian natural gas. It was Russia who decided to punish EU by cutting off contracted supplies using all sorts of excuses. Gazprom is now facing lawsuits from buyers in Germany and Italy and will be paying tens of billions under arbitrage rules. If not, Germany for instance can, confiscate its many assets in the country.
While Russian propaganda telling jokes about Europe freezing, EU managed to fill its storage and at some point about a month ago spot LNG prices were negative but tankers were waiting and probably unloading now as winter has started and there is room in the storage.
The U.S., Trinidad, Qatar and others are or will be shipping LNG to Europe who is rapidly expanding its import facilities. Everyone but gas rich Canada. On a recent visit to Canada, the German Chancellor was told that there is no strong business case for exporting LNG. The "renowned" businessman Trudeau has promised none existing green Hydrogen instead, by 2050. So the Chancellor flew to Qatar and signed a contract. What a waste of time was visiting Canada.



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