May 17, 2012
What Lies Ahead for Junior Fuel E&Ps
Bruce Edgelow, The Energy Report
The Energy Report: Bruce, what major changes do you see under way for junior explorers and producers (E&Ps)?
Bruce Edgelow: Juniors have begun to transition from drilling moderately priced individual vertical wells to drilling much more capital-intensive resource plays. For example, in 2000 the cost to drill and complete one well in Pembina was ~$330,000. . .
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