Jan 17, 2011
Crew Energy ramps up drilling at Princess oil site near Brooks
Crew Energy Inc. has increased its capital budget for 2011 to $210 million as it aims to add 30 per cent to its average fourth-quarter production of 14,500 barrels of oil equivalent per day.
The Calgary-based intermediate said it would drill 112 net wells with all but five of them at its Princess oil property in southeastern Alberta near Brooks.
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Source: Calgary Herald
Category:
Offshore and Energy
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