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Perpetual Announces Spending Plan Of $39 Million For 2018
Perpetual Energy Inc. announced a total capital spending program of $39 million for 2018, close to 75 per cent concentrated in East Edson, developing liquids-rich natural gas reserves in the Wilrich formation, and 25 per cent in Eastern Alberta, primarily targeting heavy oil development at Mannville along with abandonment and reclamation work to continue to responsibly address decommissioning obligations.
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