PetroBakken opts for prudence
Gary Park For Petroleum News Bakken
PetroBakken, one of the frontrunners in Canada’s resource plays, has made a “material” reduction in its 2013 capital spending while forecasting a production gain for the year of 8 percent to 12 percent.
It unveiled a budget of C$675 million, sharply down from the C$975 million estimated for 2012, al....
[additional news subjects in this story]
Capital plan lower Higher overall declines expected
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