Top Story | Capital Markets | Drilling Program - Wells | Capex Decrease | Capital Expenditure - 2019
Karve Energy's Production Moves Upward After Q2 Lull; Talks Drilling Program
Private Canadian E&P Karve Energy has detailed its 2019 drilling program.
The company is focused on the Viking play.
2019 Program
- Capex: $80 million - reduced from $99 million originally planned
- D&C: Drill 30 gross wells / Complete 52 gross wells in the Viking play
Production Growth
The company is currently production ~10,100 BOEPD, up 26% from 8,000 BOEPD in Q2 2019.
As showed in the charts below, the company hit a production lull in Q2 of this year.
Related Categories :
Corporate Production Rates
More Corporate Production Rates News
-
Petrus Resources Ltd. First Quarter 2023 Results
-
Cardinal Energy Ltd. First Quarter 2023 Results
-
Headwater Exploration Inc. First Quarter 2023 Results
-
Rubellite Energy Inc. First Quarter 2023 Results
-
Bonterra Eneergy Corporation First Quarter 2023 Results
Canada News >>>
-
Large Permian E&P Cuts Capex;Outlines New D&C Plans, 2024
-
Petrus Resources Ltd. First Quarter 2023 Results
-
Cardinal Energy Ltd. First Quarter 2023 Results
-
Headwater Exploration Inc. First Quarter 2023 Results -
-
Rubellite Energy Inc. First Quarter 2023 Results