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Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

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

Comment by Citizen13on Oct 08, 2024 5:03pm
236 Views
Post# 36258468

RE:US oil production growth to slow more than expected in 2025:

RE:US oil production growth to slow more than expected in 2025:Predicting oil supply is like looking into a black hole. Clueless nonsense . 2025 needs zero growth in production . Growing 2.4% in a 1% demand growth market is stupid. The issue is private producers dont need to answer to investors. Show me a result and I'll show you an incentive . Nuttall didnt see the massive growth shale has accomplished the last few years and it's his full time job.  Shale is still greedy and careless. Hopefully they dont take down the whole industry again. They never learn. The market is just wavering back and forth between shorts and short covering . Not good and not bullish at all . However if you can ride the wave up and down you can make a ton of cash. GLTA.
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