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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

Post by WINDGOD46on Aug 13, 2023 10:25am
388 Views
Post# 35585910

WCP

WCP Wcp won't go anywhere for quite a long time. Shorts and day traders are trashing this stock unless it brings down the debt substantially, raises the dividend, and reduces the float along with the rise of WTI.If all these conditions are met, we may see a $15 sp. A long time prospect. I do not think they have to buy another co in order to increase the reserves. According to Nuttal their reserves will last more than 20 yrs.
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