March 2 (Reuters) - Whitecap Resources Inc WCP.TO :
* Announces fourth quarter and year end 2015 results and provides operational
update
* Achieved q4/2015 production of 42,067 boe/d which was 467 boe/d higher than
initial forecast of 41,600 boe/d
* Says anticipate meeting or exceeding our Q1 forecast of 43,000 boe/d
* Cautious on near term outlook for commodity prices but remain constructive on
higher prices in medium to longer term future"
* In west pembina, 3 wells from q1/2016 program are currently on production at
rates that are higher than budget expectations
* May have opportunity to increase current annual production guidance of 38,800
boe/d
* Qtrly FFO per diluted share loss of $0.29
* Source text for Eikon Further company coverage WCP.TO