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 > API

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Comment by Citizen13on Dec 21, 2022 9:26am

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Post# 35184282

RE:API

The oil market is awfully calm considering what's coming up. Whisperings that Russia cannot sell up to 1.8 Mbd right now. China is opening up. SPR needs to be filled. Although that could take years. Sleepy Joe thinks he'll fill it at $ 70 . Maybe he'll make sure there's a recession just so he can do that. President Gas. OPEC underproducing . USA shale having a very hard time growing if not remaining at this level. I just hope it's not the perfect storm and we overshoot upwards. Traders love extreme moves either way. Hopefully OPEC will stabilize it either way.