Exploration & Production | Deals - Acquisition, Mergers, Divestitures | Capital Markets | Capital Expenditure
Whitecap Details Latest Drilling and Spending Plans for 2014
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Whitecap Resources plans to increase production by 60% for 2014, moving from 19,769 to 31,600 boepd. The company detailed drilling and development plans for the year in their latest presentation, as well as highlights of the recently closed asset acquisition from a PrivateCo.
38% of the company's capex is devoted to drilling in Saskatchewan property, though this makes up 66% of the gross well count.
Whitecap also detailed the recent acquisition that closed in May:
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