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 > Second Oil Surprise

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Post by retiredcfon Apr 07, 2023 7:23am

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Post# 35384439

Second Oil Surprise

Russian oil production cuts, a start of a capacity problem: Cornerstone analytics

Mike Rothman, founder of Cornerstone Analytics, joins BNN Bloomberg for his outlook on global oil demand, prices and energy equities. He says despite fears of a global recession, demand continues to exceed production consensus and forecasts prices will exceed $100/barrel.

https://www.bnnbloomberg.ca/video/russian-oil-production-cuts-a-start-of-a-capacity-problem-cornerstone-analytics~2663196

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