Whitecap Resources Inc SPGYF

Primary Symbol: T.WCP

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 Notes

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Comment by PabloLafortuneon Oct 08, 2024 9:36am

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Post# 36257620

RE:TD Notes

My guess is AOSP is worth more than this. This is upgraded oil, they don't need to buy any condensate to market it, they realized $108 on this stuff in Q2 vs $74 for bitumen (per MEG). MEG EV is $83000 per boepd this stuff has to be worth north of $100,000. IOW they paid less than $2.6B for the rest. Chevron must have wanted out badly (opportunity cost of capital).

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Advancing flagship Ishkõday Gold Project in Ontario