Post Tagged with: "SPE"

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DOE Plans to Draw Down Strategic Reserve, Sell Up To 6 MMBO

Yesterday the U.S. Department of Energy’s Office of Fossil Energy announced it would sell up to six million barrels of crude oil from the Strategic Petroleum Reserve (SPR) in a price-competitive bid sale. In FY 2019, the DOE is authorized

Spartan Energy Announces $183 Million 2018 CapEx

Spartan Energy Announces $183 Million 2018 CapEx

Spartan Energy Corp. (ticker: SPE) has approved a development capital budget of $183 million for 2018. Spartan said the capital budget includes drilling approximately 140 net development oil wells. The wells should produce an annual average production of 23,400 BOEPD …