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ConocoPhillips Announces 2016 Operating Plan And Capital Budget Of $7.7B; Expects $2.3B From Asset Dispositions

2015-12-14 04:12:20| oilandgasonline Home Page

ConocoPhillips recently announced its 2016 operating plan.

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Husky Energy 2016 capital budget assumes benchmark crude at US$40 a barrel

2015-12-08 15:48:12| Oil & Gas - Topix.net

Husky Energy is assuming oil will be worth US$40 a barrel next year and that future investments will be able to break even with West Texas Intermediate crude at US$30 per barrel - which is below the latest price. The Calgary-based company is projecting a 2016 capital budget between $2.9 billion and $3.1 billion - about in line with this year - including sustaining and maintenance costs in the range of $2.4 billion and $2.6 billion.

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Husky Energy 2016 capital budget assumes benchmark crude at US$40 a barrel

2015-12-08 15:32:53| Energy - Topix.net

Husky Energy is assuming oil will be worth US$40 a barrel next year and that future investments will be able to break even with West Texas Intermediate crude at US$30 per barrel - which is below the latest price. The Calgary-based company is projecting a 2016 capital budget between $2.9 billion and $3.1 billion - about in line with this year - including sustaining and maintenance costs in the range of $2.4 billion and $2.6 billion.

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Precision Drilling writes down assets, says capital budget will plunge in 2016

2015-10-22 16:02:00| Energy - Topix.net

Precision Drilling Corp. is writing down the value of its assets and planning for a much smaller capital spending budget next year, the company said Thursday as it reported a 38 per cent decline in third-quarter revenue. The Calgary based company reported an $87 million net loss, or 30 cents per share, for the three months ended Sept.

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Precision Drilling writes down assets, says capital budget will plunge in 2016

2015-10-22 15:54:51| Oil & Gas - Topix.net

Precision Drilling Corp. is writing down the value of its assets and planning for a much smaller capital spending budget next year, the company said Thursday as it reported a 38 per cent decline in third-quarter revenue. The Calgary based company reported an $87 million net loss, or 30 cents per share, for the three months ended Sept.

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