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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 > BOE warns conflict could lead to major oil price shock:
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Comment by Citizen13on Oct 03, 2024 1:13pm
266 Views
Post# 36251968

RE:BOE warns conflict could lead to major oil price shock:

RE:BOE warns conflict could lead to major oil price shock:Yeah, I doubt it.  In a riot , the last thing to get burned to the ground are the welfare and unemployment offices . Although , they did ask Sleepy Joe if there were discussions about hitting the Iranian oil infrastructure . The way he mumbled and bumbled his way through the answer indicates it may be on the table.   Saudi has millions of barrels on the sideline ready and waiting though and traders know that .  I'm starting to trade ths stock as I've been burned dozens of times at these prices . Oil will crash again as soon as there is some clarity . Bailed at  $ 10.75. With my luck it will now go to $ 14.  GLTA. Will load up again at $ 8.50.  LOL
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