Quarterly / Earnings Reports | Fourth Quarter (4Q) Update | Production Rates | Forecast - Production | Capital Markets | Capital Expenditure | Capital Expenditure - 2017
Santos Increases Capex Slightly for 2017 to $725MM; Up 16% YOY
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Santos has reported its Q4 2016 highlights as well as its preliminary 2017 guidance.
2017 Guidance: Santos expects 2017 sales volumes to be in the range of 73-80 mmboe and production to be in the range of 55-60 mmboe. Capital expenditure is expected to be in the range of US$700-750 million (up +16% from 2016). Highlights: Record annual sales volumes of 84.1 mmboe, up 31% and above the upper end of guidance. Record annual production of 61.6 mmboe, up 7% and towards the upper end of guidance. Record annual LNG sales volumes of 2.8 million tonnes, up 89% due to the ramp up of GLNG and strong performance at PNG LNG and Darwin LNG. LNG sales revenue was US$887 million for the year. GLNG produced 4.6 million tonnes of LNG in 2016 and shipped 75 cargoes. Upstream unit production costs…- ✓ Full news archive — U.S., Canada & international coverage
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More Capital Expenditure - 2017 News
Legacy Reserves Spends 1250% More YOY; Expects Oil Output to Grow 46.6% in 2018
Legacy Reserves reported its Q3 results and discussed its preliminary 2018 production and capital plans. Highlights include: Reported average daily production of 45,891 boe/d, an increase of about…
Gear Spends $10.5MM in Q3, Up 49.5% YoY
Gear Energy reported its Q3 results. Highlights include: Capital expenditures were $10.5 million in Q3, an increase of 49.5% from capital expenditures of $7.03 million in Q3 2016…
Cenovous Chops $100MM from 2017 Capex After Q3 Loss
Cenovus reported its Q3 2017 results. Highlights: Increased third quarter cash from operating activities and adjusted funds flow by 91% and 133% respectively, compared with the same period…
Kelt Expects 86.2% CapEx Growth from 2017 to 2018
[Summar: Kelt Exploration reported its Q3 results where it also discussed preliminary plans for 2018. Highlights include: Production for Q3 was 22,510 boe/d and expects to exit 2017…
Murphy Increases 2017 Capex by $50MM; Brought Online 27 Eagle Ford Wells
[Summary: Murphy Oil released its Q3 results and highlights include: North American on shore production was 86 mboe/d Increased its FY 2017 capex guidance $50 million to $940…
Austral-Asia News
Chevron First Quarter 2023 Results
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Chevron Promotes Knowles to VP / Controller Role
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