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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 jleer42on Jul 13, 2023 4:40pm
131 Views
Post# 35540134

RE:RE:RE:RE:Cpg and wcp ...

RE:RE:RE:RE:Cpg and wcp ... I have forgotten the wording, but it boiled down to carbon capture is good except when used by oil and gas. No credit for WCP. It was dissapointing, but there is/was talk of possible provincial credits. This was all a while ago and I haven't heard anything recently.

tollycraft wrote: Could'nt agree more.  I must have missed something as I thought the Feds were going to credit oil companys for "cabon recapture,  never heard that they did.  Im guessing that was just another Fed promo to grab some attention for themselves . Anyways, that aside I have been adding in small increments while the price is still under $10.00 and glad I have been.  While I know the stock has been extremely slow and cant seem to get any momentum, I have complete confidence it will break out soon, supply is still short but not enough at this point in time to cause a surge, hang in all, I believe we will see a shift certainly before the end of August.

GLTA 


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