In opposition to the trend of lower capital spending next year Painted Pony Petroleum has set its capital budget for 2015 at $295 million, up 8% from an expected $274 million this year. The company expects the spending to drive volumes of 129 MMcfed, up 59% YOY, and pay for the drilling of 39 Montney gas wells (95% WI). Painted Pony is running three rigs currently and plans to add a fourth in May......
Provide your credentials to access this page
Member Area: Log in if you have a PLS web account or Sign up for internet access now.