Wednesday, December 16, 2009

St. Mary's 2010 Capex Budget

St. Mary Land & Exploration announced its 2010 capital expenditure budget today.  Of the total $725 million budget, $561 million will be spent on E&P efforts.  Of that amount, $89 million will be spent on the Haynesville Shale.  By contrast, the largest chunk, $216 million, will be spent on the Eagle Ford Shale in south Texas.

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