Capex Data
The capital expenditure figure for 2009 is $600 million with much of this investment to be spent in East Texas and Pennsylvania. This level of spending will allow Cabot to grow its production levels by double digits over 2008.
Cabot plan to allocate over 90 percent of their 2009 capital to the Marcellus and East Texas. In each area, the company have received and continue to gather significant new data points.
Future Plans
No data yet.