GREY:BXEFF - Post by User
Post by
RichyRich$on Jun 19, 2019 5:48am
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Post# 29838804
Plan to Double Production to Beyond 60M boe/d
Plan to Double Production to Beyond 60M boe/dWith the completion of Phase 2 of the Alder Flats Plant in 2018, our long-term infrastructure build out is complete. Bellatrix expects the majority of future capital investment to be utilized directly in drilling, completion and production addition activities, with minimal capital required for facilities and infrastructure projects over the near term. Management expects that the Companys existing facilities and processing capacity provide the capability to grow production volumes beyond 60,000 boe/d, with minimal future facility related capital.