Cabot Energy makes strong start to the year and on track to hit 2018 targets

By Andrew Scott / January 25, 2018 / www.proactiveinvestors.co.uk / Article Link

Cabot Energy Plc (LON:CAB) chief executive Keith Bush tells Proactive Investors their evolution into a significant producer has begun.

Bush says production averaged 827 barrels of oil per day through the first half of January, and output for 2017 averaged 400 bopd.

Cabot's now targeting between 1,600 bopd and 2,000 bopd by the end of 2018 - with guidance set at 1,000 bopd to 1,200 bopd on average for the year.

 Meet Reward Minerals Ltd, Recce Ltd, Rimfire Pacific Mining NL and Aus Tin Mining at our event, Melbourne, 31 January 2018.Register here >>

Recent News

China's gold holdings to central bank reserves still low

September 30, 2024 / www.canadianminingreport.com

China has broad effect on gold market

September 30, 2024 / www.canadianminingreport.com

Gold stocks mixed after previous week's huge gains

September 23, 2024 / www.canadianminingreport.com

Large TSXV gold multiple driven up by high Artemis weighting

September 23, 2024 / www.canadianminingreport.com

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok