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Wednesday, December 10, 2014

Tracking North American E&P Budget Cuts - Update 1

I'll try and keep a running list:

Athabasca Oil - cut 70% or $460 million

https://ca.finance.yahoo.com/news/athabasca-oil-sets-thinner-2015-budget-crude-prices-190347153.html

Meg - cut 33% or $600 million

http://finance.yahoo.com/news/canadas-meg-energy-cuts-2014-001129265.html

Oasis - cuts 50% or $700 million

http://seekingalpha.com/news/2170095-oasis-petroleum-to-cut-2015-capex-nearly-in-half

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