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Canbriam Energy Increases Processing Capacity in Q3
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Canbriam Energy Inc. has provided an operational update on the commercial development of its over pressured, liquids-rich Altares Montney asset, located west of Fort St. John, BC, highlighted by:
Commissioning of Phase 2 of the Altares Processing Facility, bringing Canbriam's total processing capacity to 210 million cubic feet per day, or approximately 40,000 barrels of oil equivalent per day including natural gas liquids Production exceeding 25,000 barrels of oil equivalent per day Implementation of the recently commissioned water handling and recycling hub Sanctioning of long lead items related to Phase 3 of the Altares Processing Facility Mitigating Station 2 price volatility by adding differential hedges to existing AECO hedges Increasing its borrowing base to $250 million for its…- ✓ Full news archive — U.S., Canada & international coverage
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