WHITECAP RESOURCES INC. ANNOUNCES INCLUSION IN THE S&P/TSX COMPOSITE INDEX
CALGARY, ALBERTA – Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to announce that Standard and Poor's (S&P) has added Whitecap to the S&P/TSX Composite Index as a result of the Quarterly S&P/TSX Composite Index Review. Whitecap's inclusion in the index is effective with the opening of trading on March 19, 2012.
Listed securities eligible for inclusion in the index must meet certain criteria which are primarily based on a company's market capitalization and the liquidity of its stock relative to other stocks in the index and Whitecap has met all of the criteria.
The inclusion highlights the tremendous growth and progress achieved by Whitecap in a very short period of time. We look forward to the positive impact this may have on our stock and greater visibility in the investment community.
The S&P/TSX Composite Index is the headline index in Canada and premier indicator of performance for Canadian equity markets.
Whitecap Resources Inc. is focused on the acquisition, development, optimization and production of crude oil in Western Canada. We have an enviable suite of oil-weighted, long reserve life assets with significant un-booked upside and development well inventory in addition to a strong balance sheet.
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