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.

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Whitecap Resources Inc > Rampup Capacity - Highly discounted to CPG

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Comment by Citizen13on May 02, 2024 8:49am

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Post# 36019098

RE:Rampup Capacity - Highly discounted to CPG

Extra production is not necessarily rewarded these days . It was during the drill baby drill failed experiment where everyone lost their shirts . We all know how horribly wrong that went . Let's not repeat it. If every producer started ramping up we'll be at $ 2 WCP again. Be careful what you wish for. I think we'll be up when we have negligible debt and they return 100% of FCF to us. Especially if the price of oil creeps up every year.

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