15 /PRNewswire-FirstCall/ -- Goodrich Petroleum Corporation today announced that its Board of Directors has approved a preliminary Capital Expenditure Budget
of $275 million for 2007.
We believe that we are entering 2007 with an efficient management structure, a meaningful capital expenditure budget
to fund critical programs, improved revenue composition with lower contribution from legacy fax and a solid operating plan for solutions-based organic sales growth and automation throughout our business.
today announced a 2007 capital expenditure budget
of $121 million, representing an approximate increase of 32% from 2006.
The Company's full year capital expenditure budget
of $90 - 110 million was front-end loaded, with approximately 46% of the budget at the mid-point of guidance spent in the first quarter, as the Company entered the year with three rigs under contract.
Consmin is currently preparing its capital expenditure budget
Almost 65% of those surveyed said they anticipated their company increasing its capital expenditure budget
over the next two years, with more than 60% predicting an increase over a fiveyear period.
Figure 20: Defense Capital Expenditure Budget
of Top Three African Countries (US$ Billion), 2011-2021
We have set a capital expenditure budget
of Bt5 billion for this year until 2015, when the ASEAN Economic Community (AEC) goes into effect.
A major producer in the Fayetteville Shale Play has announced it will further reduce its capital expenditure budget
The trust said it had funded the project from its capital expenditure budget
, which it claimed will not add to its projected pounds 5 million operating deficit.
The Anglo-Dutch company, which has been under pressure to improve its record in oil exploration, revised its capital expenditure budget
from pounds 8.
Funding these projects in 1999 forms the backbone of the largest capital expenditure budget
Westcoast has ever planned.