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Oil Capital

Cabot Energy sees 'very attractive' growth opportunities in Canada

Keith Bush, chief executive of Cabot Energy PLC (LON:CAB), tells Proactive they're on track for production of between 800-1,000 barrels per day from Canada by the end of 2017.

A 23 well workover programme has boosted Canadian production to 600-700 barrels gross daily while sidetrack and completions should add a further 200-250 barrels.

Civita, in Italy, meanwhile, is producing the equivalent of 130 barrels per day.

 

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