Capex Data
EPL's total budget for its current 2008 exploration and development program is approved up to $200 million. The Company plans to commence a pilot program late in the first quarter within its East Bay field to enhance oil production through the drilling of two infill horizontal wells. Additionally, the Company has three projects scheduled to commence production early to mid second quarter, including EPL's first deepwater GOM well, Raton, in Mississippi Canyon 248. The Company does not budget for acquisitions.
Future Plans
No data yet.