Whitecap Resources Inc
3800, 525 - 8th Avenue SW, Calgary, Alberta, Canada

Whitecap Resources Inc. is an oil-weighted growth company that pays a sustainable monthly cash dividend to its shareholders.  We are focused on profitable per share growth on our existing assets enhanced by opportunistic and accretive oil-based acquisitions.  Whitecap's common shares are traded on the Toronto Stock Exchange under the symbol WCP.

Whitecap Resources Inc. is an oil-weighted growth company that pays a sustainable monthly cash dividend to its shareholders.  We are focused on profitable per share growth on our existing assets enhanced by opportunistic and accretive oil-based acquisitions.  Whitecap's common shares are traded on the Toronto Stock Exchange under the symbol WCP.

Key Attributes to Whitecap Growth + Dividend Strategy

• Focus on organic per share growth (3 - 8% per year) within funds flow, supplement with value adding acquisitions
• Total payout ratio including capital plus dividend < 100%
• Maintain flat debt levels in low pricing environment
• Provide sustainable dividend, NO DRIP
• Maintain predictable and low decline production base
• Strong capital efficiencies in concentrated areas
• Large development drilling inventory of high netback light oil
• Management focus on total shareholder return