Nov 10 (Reuters) - Whitecap Resources Inc WCP.TO :
* Announces third quarter 2015 results and 2016 budget
* Qtrly production increased 20% to 41,821 boe/d
* Says for 2016, board of directors has approved a budget of $205 million
* Approved capital budget includes the drilling of 108 (103.5 net) development
light oil wells in core operating areas
* Anticipate spending 50% of capital (including drilling) on advancing and
optimizing waterfloods within our current portfolio
* Says currently have 28% of 2016 production hedged at an average price of
c$96.53/bbl
* Source text for Eikon ID:nCNWx2hdXa
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