Capital Markets | Capital Expenditure | Drilling Program - Wells | Capital Expenditure - 2017
Baytex Talk 2017 Plans; 84 Wells For Eagle Ford & Lloydminster
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Baytex provided the following guidance as part of its 2016 full year results.
2017 Estimates/Guidance Corporate Development Capital Expenditure : 300-350 Million Corporate Production Gudiance : 66-70 Mboe/d Eagle ford : Capital ($227million ) which is 70% of mid-point of guidance. Eagle Ford : Well Program- plan to put online a total of 34 net wellsLloydminster : Well Program - plan to drill a total of 52 net wells
Summary (For 2017) In Canada, after a drilling hiatus, we are already back to work with an active first quarter drilling program. In the Eagle Ford, we increased our rig activity at the end of 2016 and expect to maintain this increased level of development on our lands throughout 2017. Our 2017 production guidance range is 66,000 to 70,000 boe/d with budgeted…- ✓ Full news archive — U.S., Canada & international coverage
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