Western Energy Services Corp. Announces 2018 Capital Budget

Dec 07 16:12 2017 Print This Article

CALGARY, Dec. 7, 2017 /CNW/ – Western Energy Services Corp. (“Western”) (TSX: WRG) is pleased to announce its 2018 capital expenditure budget of approximately $20 million, including capital spending carried forward from 2017 of approximately $2 million.  The 2018 capital expenditure budget is expected to be comprised of $12 million of maintenance capital and $8 million of expansion capital.

Maintenance capital of $12 million includes $9 million in the contract drilling segment and $3 million in the production services segment.  Western continually monitors the activity of its fleet and will adjust the planned 2018 maintenance capital as … Continue Reading

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