For 3Q15e, Whitecap has reported average production of 41,800 boe/d, which is 5% better than our outlook and the Company’s prior guidance, from E&D capital spending of $51 mm which was 24% below our prior estimate for the period. Better than anticipated production levels were driven partially by stronger than anticipated production performance and operating efficiencies from the Company’s 3Q15 development program, particularly at its core Viking, Cardium and Elnora properties as well as two smal ....

22 Oct 2015
Whitecap Provides Strong 3Q15e Operational Update, Increases 2015e Production Guidance on Unchanged Capital Budget

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Whitecap Provides Strong 3Q15e Operational Update, Increases 2015e Production Guidance on Unchanged Capital Budget
Whitecap Resources Inc. (WCP:TSE) | 0 0 (-1.0%) | Mkt Cap: 3,323m
- Published:
22 Oct 2015 -
Author:
Cody R. Kwong -
Pages:
8 -
For 3Q15e, Whitecap has reported average production of 41,800 boe/d, which is 5% better than our outlook and the Company’s prior guidance, from E&D capital spending of $51 mm which was 24% below our prior estimate for the period. Better than anticipated production levels were driven partially by stronger than anticipated production performance and operating efficiencies from the Company’s 3Q15 development program, particularly at its core Viking, Cardium and Elnora properties as well as two smal ....