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Whitecap Resources

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29: 279:, as opposed to heavy oil or natural gas. It generally focuses on oil development and production instead of exploration. It has properties in northwest Alberta & B.C., central Alberta, and Saskatchewan with 2019 production guidance of 70,000 - 72,000 barrels of energy per day. As of 2019, Whitecap has identified 2,827 gross drilling locations (8 to 10 years of inventory) with 1,568 proved plus probable. 191: 169: 147: 122: 244:
Whitecap Resources was founded in 2009. Its daily production grew rapidly in the following years, from 275 barrels of energy per day in 2009 to 14,052 in 2012. In 2012, it acquired Midway Energy, another Alberta light oil producer, for $ 550 million. In 2016, Whitecap bought some of
256:, then-premier of Saskatchewan, invited Whitecap to move to that province, citing lower taxes and subsidized relocation costs. The company CEO, Grant Fagerheim, said that it was considering the offer, but would only move if it benefited shareholders. 300:, transports emissions from a North Dakota coal power plant and a coal gasification facility to the Weyburn oilfields located south of Regina oilfield in region south of Regina, Saskatchewan. According to a January 25, 2021 400: 427: 561: 282:
Whitecap's strategy is to deliver 10% to 15%/annum dividend + growth through balance sheet strength, sustainable dividends and moderate growth.
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article, the Whitecap project is very similar but much larger than the Enhance Energy project that is part of the
374: 354: 228:, Alberta, with operations in Alberta, Saskatchewan, and British Columbia. In 2018, it produced 74,415 327: 61: 516:"You've heard of net zero? These oil companies say they've reached 'net-negative' carbon emissions" 229: 109: 232:
per day, with 85% of production consisting of crude oil and other liquids. It is listed on the
233: 53: 375:"Whitecap Resources is focused on oil production – but not exploration - Alberta Oil Magazine" 291: 8: 326:, at that time the Weyburn carbon monitoring and storage project was the world's largest 71: 183: 276: 126: 316: 264: 39: 555: 47: 428:"Whitecap Resources strikes deal to buy Husky oil assets for $ 595 million" 246: 319:. The deal was expected to increase Whitecap's oil production by 25%. 267:. The deal was expected to increase Whitecap's oil production by 25%. 139: 253: 57: 457:"Brad Wall invites Calgary energy companies to move to Saskatchewan" 485:"Cenovus selling majority stake in Weyburn oil project | CBC News" 16:
Canadian Calgary, Alberta-based public oil company founded in 2009
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In November 2017, Whitecap purchased a 62% interest in the
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In November 2017, Whitecap purchased a 62% interest in the
249:'s oil assets in Southwest Saskatchewan for $ 595 million. 349: 347: 345: 343: 208: 355:"Whitecap Resources 2020 Consolidated Balance Sheet" 509: 507: 505: 340: 553: 540:Casey, Allan (January 2008). "Carbon Cemetery". 502: 562:Companies listed on the Toronto Stock Exchange 401:"Whitecap Resources to acquire Midway Energy" 275:Whitecap Resources primarily produces light, 425: 224:is a Canadian public oil company based in 27: 533: 479: 477: 315:in Saskatchewan for $ 940 million from 285: 263:in Saskatchewan for $ 940 million from 554: 539: 474: 298:Weyburn-Midale Carbon Dioxide Project 513: 451: 449: 369: 367: 13: 14: 583: 446: 364: 306:Alberta Carbon Trunk Line System 190: 189: 168: 167: 146: 145: 121: 120: 514:Bakx, Kyle (January 25, 2021). 322:According to a 2008 article in 62:S&P/TSX Composite Component 419: 393: 1: 333: 270: 542:Canadian Geographic Magazine 426:Dan Healing (May 10, 2016). 324:Canadian Geographic Magazine 108:Grant Fagerheim (President, 7: 10: 588: 567:Companies based in Calgary 328:carbon capture and storage 289: 239: 203: 181: 159: 137: 116: 102: 85: 77: 67: 45: 35: 26: 572:Oil companies of Canada 110:Chief Executive Officer 234:Toronto Stock Exchange 434:. The Canadian Press 379:Alberta Oil Magazine 292:Carbon sequestration 286:Carbon sequestration 432:Winnipeg Free Press 407:. February 28, 2012 313:Weyburn oil project 261:Weyburn oil project 23: 405:The Globe and Mail 222:Whitecap Resources 151:CA$ –1,845 million 22:Whitecap Resources 21: 230:barrels of energy 219: 218: 195:CA$ 1,000 million 173:CA$ 3,381 million 579: 546: 545: 537: 531: 530: 528: 526: 511: 500: 499: 497: 495: 481: 472: 471: 469: 467: 453: 444: 443: 441: 439: 423: 417: 416: 414: 412: 397: 391: 390: 388: 386: 371: 362: 361: 360:. February 2021. 359: 351: 215: 212: 210: 199: 196: 193: 192: 186: 177: 174: 171: 170: 164: 155: 152: 149: 148: 133: 130: 124: 123: 31: 24: 20: 587: 586: 582: 581: 580: 578: 577: 576: 552: 551: 550: 549: 538: 534: 524: 522: 512: 503: 493: 491: 483: 482: 475: 465: 463: 455: 454: 447: 437: 435: 424: 420: 410: 408: 399: 398: 394: 384: 382: 381:. June 26, 2013 373: 372: 365: 357: 353: 352: 341: 336: 294: 288: 277:sweet crude oil 273: 242: 207: 197: 194: 182: 175: 172: 160: 153: 150: 142: 131: 125: 112:, and Chairman) 105: 98: 94: 60: 50: 17: 12: 11: 5: 585: 575: 574: 569: 564: 548: 547: 532: 501: 473: 445: 418: 392: 363: 338: 337: 335: 332: 317:Cenovus Energy 290:Main article: 287: 284: 272: 269: 265:Cenovus Energy 241: 238: 217: 216: 205: 201: 200: 187: 179: 178: 165: 157: 156: 143: 138: 135: 134: 118: 114: 113: 106: 103: 100: 99: 96: 89: 87: 83: 82: 79: 75: 74: 69: 65: 64: 51: 46: 43: 42: 37: 33: 32: 15: 9: 6: 4: 3: 2: 584: 573: 570: 568: 565: 563: 560: 559: 557: 543: 536: 521: 517: 510: 508: 506: 490: 486: 480: 478: 462: 458: 452: 450: 433: 429: 422: 406: 402: 396: 380: 376: 370: 368: 356: 350: 348: 346: 344: 339: 331: 329: 325: 320: 318: 314: 309: 307: 303: 299: 293: 283: 280: 278: 268: 266: 262: 257: 255: 250: 248: 237: 235: 231: 227: 223: 214: 206: 202: 188: 185: 180: 166: 163: 158: 144: 141: 136: 128: 119: 115: 111: 107: 101: 92: 88: 84: 80: 76: 73: 70: 66: 63: 59: 55: 52: 49: 44: 41: 38: 34: 30: 25: 19: 541: 535: 523:. Retrieved 519: 494:February 27, 492:. Retrieved 488: 466:February 27, 464:. Retrieved 460: 438:February 27, 436:. Retrieved 431: 421: 411:February 27, 409:. Retrieved 404: 395: 385:February 27, 383:. Retrieved 378: 323: 321: 310: 301: 296:Whitecap's 295: 281: 274: 258: 251: 247:Husky Energy 243: 221: 220: 184:Total equity 162:Total assets 86:Headquarters 36:Company type 18: 525:January 25, 129:923 million 72:Oil and Gas 556:Categories 334:References 271:Operations 140:Net income 104:Key people 330:project. 254:Brad Wall 252:In 2017, 93:, Alberta 48:Traded as 520:CBC News 461:CBC News 302:CBC News 68:Industry 240:History 226:Calgary 204:Website 117:Revenue 91:Calgary 78:Founded 56::  198:(2020) 176:(2020) 154:(2020) 132:(2020) 97:Canada 40:Public 358:(PDF) 211:.wcap 527:2021 496:2018 468:2018 440:2018 413:2018 387:2018 127:CA$ 81:2009 489:CBC 213:.ca 209:www 58:WCP 54:TSX 558:: 518:. 504:^ 487:. 476:^ 459:. 448:^ 430:. 403:. 377:. 366:^ 342:^ 308:. 236:. 95:, 544:. 529:. 498:. 470:. 442:. 415:. 389:.

Index


Public
Traded as
TSX
WCP
S&P/TSX Composite Component
Oil and Gas
Calgary
Chief Executive Officer
CA$
Net income
Total assets
Total equity
www.wcap.ca
Calgary
barrels of energy
Toronto Stock Exchange
Husky Energy
Brad Wall
Weyburn oil project
Cenovus Energy
sweet crude oil
Carbon sequestration
Weyburn-Midale Carbon Dioxide Project
Alberta Carbon Trunk Line System
Weyburn oil project
Cenovus Energy
carbon capture and storage

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