Impact: Negative, Boulder issued what we would consider a prudently conservative spending plan, however, 2016e production guidance is below both our estimate and consensus, while current production is trending well below our expectation for 4Q15e and our notional 2015e exit production estimate, which will necessitate revisions to our forecast.
17 Dec 2015
BOULDER ENERGY LTD. (BXO) ANNOUNCES 2016 CAPITAL PROGRAM, CREDIT FACILITY AMENDMENTS
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BOULDER ENERGY LTD. (BXO) ANNOUNCES 2016 CAPITAL PROGRAM, CREDIT FACILITY AMENDMENTS
Impact: Negative, Boulder issued what we would consider a prudently conservative spending plan, however, 2016e production guidance is below both our estimate and consensus, while current production is trending well below our expectation for 4Q15e and our notional 2015e exit production estimate, which will necessitate revisions to our forecast.