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Capital Expenditures
Capital Expenditures news and technical articles from Oil & Gas Financial Journal. Search Capital Expenditures latest and archived news and articles
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Anadarko expects 2010 capital expenditures to reach $5.6B
Independent oil and gas company Anadarko Petroleum Corp. estimates its total 2010 capital expenditures to reach between $5.3 and $5.6 billion. Jim Hackett, Anadarko chairman and CEO said the company’s strong 2009 results …
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BPZ Energy sets $50M capital expenditures plan for 2011
… Resources Inc. (NYSE: BPZ) has set its 2011 capital expenditures plan at roughly $50 million. The company plans ..... Cruz and other capital projects. In addition to capital expenditures , the company plans to spend and expense approximately …
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With Haynesville, seven new unconventional discoveries, Chesapeake increases capital expenditures
… some of the company’s plays calls for an increase in the company’s capital expenditures . The company had planned to fund its 2008 and 2009 capital expenditures through cash flow from operations, borrowings under its revolving credit facility …
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Chesapeake Energy targets $10-$12B in asset monetizations
… company’s anticipated capital expenditures during 2012 and provide ..... planned drilling and completion capital expenditures . First, Chesapeake anticipates ..... operations and its planned capital expenditures and would allow the company …
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Continental Resources issues new equity, further accelerates 2011 production growth
By Oil & Gas Financial Journal staff Continental Resources Inc. (NYSE: CLR) has set a new capital expenditures budget for 2011 heavily weighted with Bakken Shale plans, altered its guidance, and launched a public offering. The company recently …
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ConocoPhillips approves '09 CAPEX of $12.5B
ConocoPhillips has approved a 2009 capital budget of $11.7 billion, including cash capital expenditures and capitalized interest. Loans to affiliates and contributions to fund an upstream business venture with EnCana add an additional …
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PDC Energy to acquire Core Wattenberg assets, accelerate Niobrara development
… Niobrara rig byreallocating capital investment from its Wattenberg refrac/recomplete program and redeploying capital expenditures from the suspension of its Marcellus dry gas drilling program. PDC reaffirms its 2012 non-acquisition capital …
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Magnum Hunter Resources to acquire Williston Basin properties
… fund the acquisition, pay off an existing $100 million term loan facility, and to fund anticipated increased capital expenditures . The company’s borrowing base under its existing senior bank credit facility, which is currently $235 million …
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Carrizo to sell certain Barnett Shale assets to Atlas for $190M
… Our corporate strategy has been to focus our capital expenditures on the highest return plays such as our liquids ..... the excess proceeds to partially fund its 2012 capital expenditures plan, largely in the Eagle Ford play. Carrizo …
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Industry Briefs
… to repay borrowings under its revolving credit facility and use the excess proceeds to partially fund its 2012 capital expenditures plan, largely in the Eagle Ford play. Carrizo estimates that when its borrowing base is re-determined in April …