DeeThree Exploration Ltd. Announces Operating Results for the Fourth Quarter of 2014; Provides Operating and Capital Expenditure Guidance for the Year 2015
The company provided operating and capital expenditure guidance for the year 2015. The company's board of directors has approved a 2015 capital budget of up to $160 million. The budget targets average 2015 production of approximately 13,300 boe/d which represents 18% year over year growth, while maintaining financial strength.