1st November 2017
Runtime 11:55
Keith Bush, CEO at Cabot Energy explains why better than expected sidetrack well flow rates auger well for the future potential of their Alberta oil assets. 100 bpd of oil was expected, 680 bpd flowed, and both Rainbow and Virgo fields have multiple opportunities for this type of return. 'This is a fantastic result and is pretty unusual for Canada'.
Keith also discusses Cabot's focus on production-led growth and explains how they hope to develop their oil assets in Canada and 'exceptional 'gas assets in Italy within existing revenue streams.