Post by
bypp on Feb 04, 2014 3:55pm
COP earnings call
A few relevant points from the transcript - nothing overly exciting, but it's nice to see the Canol is important enough to be mentioned...
"Volumes continued to ramp up at Christina Lake Phase E and the Western Canada winter drilling program got underway. We were focused on drilling a liquids rich inventory. We continue to drill and evaluate on conventional appraisal and driven in Monterey and we spudded the first horizontal well in the Canol play – we drilled two horizontal wells this season.
"The theme for 2014 in Canada is continuous investment in growth. Our conventional liquids rich plays – our unconventional plays and our oil sands assets will all be active with some significant milestones on the horizon."
"And then, again, in Canada we have -- we’re still getting good results from our unconventional program out there. And we’re going to give you a lot more detail on this when we get to the Analyst Meeting in April, because we think we will give you sort of update on what we’re learning in all these plays and that I’ll take a bit of time and we’ll do that in April."