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ARC Resources Ltd
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"Unlock the Rock" Stampede Conference
| John P Dielwart | Page 19 of 11 |
May 04, 2024
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""Unlock the Rock" Stampede Conference"
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2011 CAPITAL PROGRAM TARGETS 12 PER CENT GROWTH 2009 (a) 2010(a) 2011(b) Development 187 354 409 Development – Facilities 73 72 54 Maintenance 11 15 29 Optimization 8 11 18 Land & Seismic 11 65 17 Unconventional Gas 16 1 5 Enhanced Oil Recovery (EOR) 23 18 27 Exploration 15 21 49 Other 16 34 17 TOTAL $360 $591 $625 Operated Wells Drilled (gross) 146 177 166 Horizontal wells 110 142 Vertical wells 67 24 ($ Millions) 2009 (a) 2010(a) - Actual capital spending for 2009 and 2010 2011(b) - Current budget for 2011 Additional details can be found in our November 1, 2010 news release “ARC Energy Trust Announces a $625 Million Capital Budget, Which Includes a 12 Per cent Production Growth Target