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CS - Secure’s 2020 spending will focus on E. Kaybob & small projects - March 2020
Secure Energy will devote most of its nearly $50 million in 2020 growth capital toward completing its East Kaybob oil pipeline system and other small expansion projects. However, the plan may change in the future if oil prices remain depressed. Its sustaining capital is expected to be about $20 million, and it will also incur around $10 million of office construction costs because of a new sublease arrangement to lower future costs. The company......
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