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BRIEF-Seven Generations Energy's board approves 2018 capital investment of $1.675 bln to $1.775 bln

Published 2017-11-16, 07:21 a/m
Updated 2017-11-16, 07:30 a/m
© Reuters.  BRIEF-Seven Generations Energy's board approves 2018 capital investment of $1.675 bln to $1.775 bln

Nov 16 (Reuters) - Seven Generations Energy Ltd VII.TO

* Seven Generations Energy Ltd - board of directors has approved 2018 capital investment of $1.675 to $1.775 billion

* Seven Generations Energy Ltd - co's 2018 capital investment is expected to grow production next year by an estimated range of 14 to 20 percent

* Seven Generations Energy Ltd - 2018 capital investment will target an average production range of 200,000 to 210,000 boe/d in 2018

* Seven Generations Energy Ltd - 2018 capital investment will build longer-term capacity to produce 220,000 to 240,000 boe/d in 2019

* Seven Generations Energy Ltd - 2018 capital investments expected to drive production through 2019

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