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 > OPEC

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Comment by tollycrafton May 03, 2023 2:18pm

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Post# 35428074

RE:RE:OPEC

Good points. I can't see any reaction at this point from OPEC as I dont think the optics would be good, although Im not conviced they care. Opec already has their production cuts in place for this month so I don't really see the point. I hope WCP is buying up shares as I dont believe for a minute this price is going to last very long. The reality still is, there will be a shortage and the price of oil will reflect that sooner than later.

GLTA

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