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 > What now?

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Comment by Anschutzon May 02, 2024 5:38pm

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Post# 36020481

RE:RE:What now?

Not sure we're near the bottom, but agree with you that now is not the time to sell LNG assets. This past winter was an exception. Next fall/winter we'll likely see an uptick in consumption and price.

barneyj44 wrote: Sell Natural gas assets now , that doesn't make a whole lot of sense. Canada Lng startup will take a lot of the glut out of the market, the big U.S producers have throttled back production,. Were near or close to the bottom....

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