Impact: Positive. Outperformance and capital cost reductions at Gear's Wildmere and Paradise Hill properties will see the Company add 2x wells to its 2016e development program without increasing its 2016e budget, while remaining on track to achieve its prior exit rate of 6,400 boe/d.
08 Sep 2016
ANNOUNCES 2016 OPERATIONAL UPDATE
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ANNOUNCES 2016 OPERATIONAL UPDATE
Gear Energy Ltd. (GXE:TSE) | 0 0 0.0% | Mkt Cap: 154.0m
- Published:
08 Sep 2016 -
Author:
Robert Fitzmartyn -
Pages:
3
Impact: Positive. Outperformance and capital cost reductions at Gear's Wildmere and Paradise Hill properties will see the Company add 2x wells to its 2016e development program without increasing its 2016e budget, while remaining on track to achieve its prior exit rate of 6,400 boe/d.