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Bullboard - Stock Discussion Forum 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... see more

TSX:WCP - Post Discussion

Whitecap Resources Inc > SIGNIFICANT 2021 RESERVE ADDITIONS
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Post by Betteryear2 on Feb 14, 2022 7:05am

SIGNIFICANT 2021 RESERVE ADDITIONS

CALGARY, AB, Feb. 14, 2022 /CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to present the results of our 2021 year end reserves evaluation as prepared by McDaniel & Associates Consultants Ltd. ("McDaniel").

Our 2021 year end reserves were exceptional and are a direct result of the successful execution and development of our strategic acquisitions and the continued outperformance of our base assets. Whitecap's high quality drilling inventory provides years of highly profitable sustainable growth and free funds flow with our reserve life index of 17.6 years representing only 51% of our total internally estimated reserves potential.

Comment by barneyj44 on Feb 14, 2022 8:08am
Great reserves report.Whitecaps the mini "Constellation Software" of the Canadian Oil patch with there acquisition strategy.
Comment by baranja on Feb 14, 2022 9:03am
Why this stock is not $15 now, it is beyond me.  WCP have it all. reserves, production, divy, shareholder friendliness,...  Maybe those hedges need to clear up.
Whitecap Resources Inc
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