Whitecap Resources Inc. reported production results for the fourth quarter of 2012. In the fourth quarter of 2012, the company achieved record production of approximately 17,000 boe/d, a 118% increase on an absolute basis and a 25% increase per share, fully diluted, over fourth quarter 2011 average production of 7,806 boe/d. The production increase is 8% over third quarter 2012 average production of 15,795 boe/d. 2012 average annual production is approximately 14,000 boe/d, a 148% increase on an absolute basis and a 40% increase per share, fully diluted, over 2011 average annual production of 5,657 boe/d.