Exploration & Production | Drilling / Well Results
Renegade Talks Viking Well Results, Strategic Review
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Renegade Petroleum Ltd. has provided a first quarter operational update and announced that the board of directors has initiated a strategic review of the Company. The Corporation is also confirming the payment of the April 15, 2013 dividend.
First Quarter 2013 Operational UpdateRenegade continues to focus on allocating the Company's capital program to areas that provide predictable results and strong capital efficiencies which continue to drive free cash flow of the income plus growth model. As such, the drilling program has been concentrated on Renegade's core assets in southeast Saskatchewan and its Viking assets in west central Saskatchewan.
Drilling and ExplorationDuring the quarter, Renegade successfully executed on the following capital program:
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