Viking

Our Lucky Hills, Whiteside, Kerrobert, and Eagle Lake areas are located in West Central Saskatchewan. The primary reservoir that we are currently focused on developing is the Viking resource oil play. The key characteristics of this play is light 38° – 40° API oil, predictable geology and production profiles as well as consistent and repeatable economics. Lucky Hills and Whiteside are characterized by horizontal primary oil development wells with quick payouts and a high operating netback production profile. The Eagle Lake property is characterized by low decline waterflood supported production from legacy vertical and horizontal infill wells. Additional development is ongoing through the drilling of infill horizontal wells and reactivation of the waterfloods to increase reserve recoveries. Kerrobert is very much analogous to Eagle Lake with reservoir properties conducive to successful waterflooding. The Kerrobert waterflood is in its infancy of development, relative to Eagle Lake, and as a result has significant upside related to reserve recovery and decline stabilization.

Sustainable 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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