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News Breaks | | | | March 12, 2013 | | 09:18 EDT |  | WRES | Warren Resources initiated with a Buy at Sidoti
Target $5. | |
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News For WRES From The Last 14 Days Check below for free stories on WRES the last two weeks. |
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| May 20, 2013 | | 11:52 EDT |  | WRES | Warren Resources drilling 25 new CBM wells
Warren Resources announced that it is increasing its 2013 capital expenditure budget by $15M to $73M. The increase in planned capital expenditures is due to a decision to drill 25 new coalbed methane, CBM, wells in the Spyglass Hill Unit in the Washakie Basin, which is a sub-basin of the Greater Green River Basin, Wyoming. The additional wells are expected to be placed into sales in the latter part of 2013; therefore, Warren is not updating its full-year gas production guidance at this time. | |
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