04
May
EOG 1Q09 – Guiding 2009 Volumes Back Up, Keeping Spending Flat
EOG Resources (EOG) Reports 1Q09; Keeps Spending Plans Flat, Ups Production Guidance; Announces Another New Oil Shale Play. The 1Q09 Numbers: Production of 2.145 Bcfepd, flat with last quarter (they’ve been curtailing Bakken oil production) and U.S. volumes fell off a touch, up 13% from 1Q08 levels. Still quite a gassy company but oil production [...]
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