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WHITECAP ANNOUNCES 2011 YEAR END RESULTS

CALGARY, ALBERTA – Whitecap Resources Inc. ("Whitecap", “we”, “us”, “our” or the "Company") (TSX: WCP) is pleased to announce we have filed on SEDAR our audited financial statements and related Management’s Discussion and Analysis (“MD&A”) for the year ended December 31, 2011. Selected financial and operational information is outlined below and should be read in conjunction with our audited financial statements, the related MD&A and Annual Information Form (“AIF”) which are available for review at www.wcap.ca or www.sedar.com.

To read the full press release, click here to download the PDF file.

Profitable Per Share Growth Within Funds Flow

Whitecap Resources Inc. is an oil-weighted growth company that pays a monthly cash dividend to its shareholders.

We are focused on providing sustainable dividends and profitable per share growth enhanced by value added acquisitions.

Whitecap's common shares are traded on the Toronto Stock Exchange under the symbol WCP.

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