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 > TD on PPL/TPZ Deal

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Comment by baranjaon Jul 03, 2024 7:42pm

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Post# 36117361

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TD on PPL/TPZ Deal

I agree with you, but the key here is the fact that he is planning to raise share price. I doubt he can raise the share price if he goes out to destroy balance sheet with the new purchase.

DivChase wrote: Hey Pierre! Was there another interview other than the bnn one? Maybe I missed it. The one I watched he chose his words carefully. 200mil to share buyback and. "park the rest on the balance sheet". That could be anything, real estate, cash in the bank, debt payment or even small acquisition .., If he intends to pay down debt, why won't he just say so?

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