Whitecap Resources Inc., a Canadian conventional and shale driller, plans to increase natural gas activity in the second half of the year to capitalize on a surge in prices, Chief Executive Officer Grant Fagerheim said.
The Calgary-based company will increase its gas-focused capital program, Fagerheim said Wednesday in a phone interview. The plan to drill for more gas comes after Alberta prices for the commodity surged to more than $6 per million British thermal units, the highest since 2014.
