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OMV lowers capex, finds drilling success on Romania’s Neptun 
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Joined: Mon Aug 30, 2010 9:56 am
Posts: 20756
Post OMV lowers capex, finds drilling success on Romania’s Neptun
OGJ Exploration News

OMV AG reported in a May 11 conference call that its overall capital spending was down in this year’s first quarter compared with the same quarter in 2015. Spending for the first quarter was 34% lower than the same period in 2015. Upstream exploration expense was down 24% with a decrease of 13% in dollars per boe for upstream operating expenses in first-quarter 2015.



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Sat May 14, 2016 5:32 pm
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