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

<< Previous

Bullboard Posts

Next >>

Post by MyHoneyPoton Apr 25, 2024 11:48am

403 Views

Post# 36007298

Chevron Duvernay - To big and not of interest.

Next quarter will be quite different for WCP, because they will not have the same Capex spend as Q1.

They ruled out buying the Duvernay assets that are being divested Chevron.

Lots of locations, lots of running room, only tuck in acquistions on the radar screen that make economic sense.

Fantastic quarter, next quarter will reduce debt towards their target between 1.0 - 1.2 billion.

Responsible, good execution, Out performance at the drill bits, opportunity everywhere.

IMHO

<< Previous

Bullboard Posts

Next >>

BCG-Unresponsive Non-Muscle Invasive Bladder Cancer Carcinoma-In-Situ: A Patient's Guide