Boulder Energy’s 2016 capital program includes spending of $26 - $28 mm and annual average production of 5,500 boe/d, which is below
our prior forecast made following receipt of the Company’s 3Q15 actual results in early November. This conservative capital budget will aim to keep volumes flat from current levels by focusing efforts on early stage EOR projects while engaging in a 6 well drilling program across its Belly River asset.
18 Dec 2015
Boulder Energy Provides 2016 Capital Spending and Production Guidance
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Boulder Energy Provides 2016 Capital Spending and Production Guidance
Boulder Energy’s 2016 capital program includes spending of $26 - $28 mm and annual average production of 5,500 boe/d, which is below
our prior forecast made following receipt of the Company’s 3Q15 actual results in early November. This conservative capital budget will aim to keep volumes flat from current levels by focusing efforts on early stage EOR projects while engaging in a 6 well drilling program across its Belly River asset.