What is Galleon’s capital expenditure budget for 2011?
The 2011 capital expenditure budget of up to $131 million is expected to be allocated 80% towards low risk development locations in the Montney, Doig and North Peace River producing areas. Approximately 70% of the capital program is directed towards oil projects. Funding of the 2011 capital program is expected to be largely from internal cash flow and working capital.
