Denver’s Extraction Oil & Gas Inc., which works solely in Colorado, says it expects to spend between $770 million and $840 million in capital expenditures in 2018.
Extraction’s Chairman and CEO Mark Erickson called the 2018 spending plan “modestly smaller” than this year’s plan, but said the company expects to grow its production 75 percent next year compared to this year.
For 2018, the company (Nasdaq: XOG) said it plans to drill up to 175 horizontal wells during the year that will…
Denver’s Extraction Oil & Gas Inc., which works solely in Colorado, says it expects to spend between $770 million and $840 million in capital expenditures in 2018.
Extraction’s Chairman and CEO Mark Erickson called the 2018 spending plan “modestly smaller” than this year’s plan, but said the company expects to grow its production 75 percent next year compared to this year.
For 2018, the company (Nasdaq: XOG) said it plans to drill up to 175 horizontal wells during the year that will…