Drills and Capex Sacrificed by KMG EP Due to Oil Prices

• Sunday, 5th April 2015
• by Egypt Oil & Gas

KMG EP has revised its 2015 budget and capital expenditure is expected to be $457 million, which is $164 million, or 26%, less than the capital expenditure plan for 2015 approved in December 2014. This is 34% lower th...