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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 Citizen13on Jan 12, 2024 10:12am
148 Views
Post# 35823455

RE:Good thesis about WTI and 2024

RE:Good thesis about WTI and 2024Interesting to see different perspectives . I dont agree with even the remotest possibility that China demand is coming back though . Throw that idea out the window.  They are in a severe decline both fiscally and demographically . So much so this may turn into a major black swan event with their population uprising . Their real estate sector is bankrupt , their population aging , youth unemployment is staggering . Money is fleeing the country as fast as it can. Not sure how they are going to get out of this cluster F.   They can only lie and hide it for so long . The whole premise of their " society" is to pay half of them to spy on and censor the other half . Once those payments end, all bets are off.  I hope I dont see it in my lifetime . Not going to be pretty. Dictators will do whatever it takes to survive and POS human beings will destroy their peers for a few Yuan more than they are getting paid. The human virus. 
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