Top Story | Capital Markets | Drilling Program - Wells | Capex Decrease | Capital Expenditure - 2019
Karve Energy's Production Moves Upward After Q2 Lull; Talks Drilling Program
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Private Canadian E&P Karve Energy has detailed its 2019 drilling program.
The company is focused on the Viking play.
2019 Program
- Capex: $80 million - reduced from $99 million originally planned
- D&C: Drill 30 gross wells / Complete 52 gross wells in the Viking play
Production Growth
The company is currently production ~10,100 BOEPD, up 26% from 8,000 BOEPD in Q2 2019.
As showed in the charts below, the company hit a production lull in Q2 of this year.
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