Operator · Cardium Shale & Montney Shale
Whitecap Resources Inc.
44 articles mentioning Whitecap Resources Inc. · Page 2 of 3
Whitecap Touts Better than Expected Well Results in 4Q
Whitecap Resources Inc. reported its operating and audited financial results for the year ended December 31, 2015.
Whitecap Increases Production Guidance for 2016
Since Whitecap completed the Boundary Lake acquisition, its drilling program results have exceeded expectations.
Whitecap Sees PDP Reserves Increase 22% to 113.2 MMBOE
Since inception, Whitecap has been focused on acquiring high quality assets and further developing them to maximize return on capital for shareholders.
Whitecap Cuts Capital Program by 53%; $70 Million
Whitecap Resources Inc. announces that in response to the severe decline in crude oil prices in the past few weeks, we are implementing multiple initiatives to adapt to the lower prices.
Whitecap Resources Adds to Board
Daryl H. Gilbert has been appointed to the Whitecap Board of Directors.
Whitecap Resources Drills 32 Wells in Q1 2015
Completed first quarter drilling program in late February, drilling a total of 32 (29.9 net) wells.
Whitecap Readjusts Budget as Low Prices Continue
Our capital program for 2015 will be reduced by 32% to $245 million from $360 million.
Whitecap Confidently Hedged, Increasing Capex
Whitecap has approved a capital budget of $360 million.
Whitecap Finances $125 MM of Recent Alberta Acquisitions
Whitecap will use such funds towards the purchase prices for the Acquisitions.
Whitecap to Drill 78 Remaining Wells in 2014
Spending ~$125 million drilling 78 gross hz wells including 6 extended reach hz well.
Whitecap Details Latest Drilling and Spending Plans for 2014
Whitecap Resources plans to increase production by 60% for 2014, moving from 19,769 to 31,600 boepd.
Whitecap Ahead of Schedule, Drilling 85 More HZ Wells in 2014
Drilling an additional 85 gross horizontal wells, out of 162 gross wells total in 2014. 108 gross wells planned in Saskatchewan in 2014.
Whitecap Completes Financing of $500 MM
Whitecap Resources Inc. has completed its previously announced bought deal financing.
Whitecap Touts Active 4Q; Brings On 65 Viking, Cardium Wells
Also, Whitecap achieved record average annual production of 19,769 (69% oil and NGLs) compared to 14,052 boe/d (68% oil and NGLs) in 2012.
Whitecap Sees Good Results From ERH Wells in Dunvegan
Included in the first quarter drilling program are 5 horizontal Dunvegan oil wells. The Dunvegan is an emerging core play for Whitecap where we currently have six wells producing over 1,500 boe/d on a combined basis....
Whitecap Increases Reserves In Viking and Cardium
Whitecap Resources Inc. has announced the results of its 2013 year-end oil and gas reserves evaluation, a 51% increase over year-end 2012 reserves.
Whitecap Ups 2014 Guidance After Inking Viking Deal
The Transaction will increase Whitecap's 2014 oil-weighting, cash flow netback and production and cash flow per share while decreasing our net debt to cash flow ratio.
Whitecap Touts Viking Success in Q3; Outlines 2014 CapEx
Operational results in the third quarter have provided our shareholders with an excellent return on investment and these results continue to outperform our expectations.
Whitecap Makes Cardium Acquisition, Adds to Viking Interest
Whitecap Resources Inc. is pleased to announce that it has completed the acquisition of a Cardium light oil property and a working interest consolidation of its Eagle Lake Viking unit for total consideration of $90 million.
Whitecap Resources Ups Credit Facilities; Touts Strong Performance
The 2013 year-end borrowing base review is scheduled for May 31, 2014.