Pipestone 2019There is an obvious lack of interest currently in Canadian oil producers. And Pipestone isnt promoting the stock right now. Instead they are working to execute their 2019 well program. The management is expecting to spend between 100-125 million in capital expenditures this year. And at the end of the year plans to be producing 14,000 barrels of oil equivalent per day.
That is a lot of oil. Lets see how the end of the year turns out.