TENAZ ENERGY CORP. ANNOUNCES 2024 BUDGET AND GUIDANCE

About this update from Tenaz Energy Corp

[{"type":"text","content":"\n \n \n \n TENAZ ENERGY CORP. ANNOUNCES 2024 BUDGET AND GUIDANCE\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen6{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: LEFT; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prngen5{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; TEXT-ALIGN: RIGHT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 1pt\n}\n.prngen4{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 0.5pt solid\n}\n.prnsblb1{\nBORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prncbts{\nBORDER-TOP:black 0.5pt solid\n}\n.prnbbbs{\nBORDER-BOTTOM:black 0.5pt solid\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnbsbls{\nBORDER-LEFT:black 0.5pt solid\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n.prnbrbrs{\nBORDER-RIGHT:black 0.5pt solid\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n /NOT FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n . FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF\n \n UNITED STATES\n \n SECURITIES LAW/\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n December 21, 2023\n \n /CNW/ - Tenaz Energy Corp. (\"Tenaz\", \"Our\", \"We\", or the \"Company\") (TSX: TNZ) is pleased to announce its 2024 budget and guidance. Our Board of Directors has approved a drilling and development capital (\"D&D CAPEX\") budget of\n \n $23\n \n to\n \n $25 million\n \n for 2024. We also intend to invest\n \n $3 million\n \n in exploration and evaluation capital (\"E&E CAPEX\") to evaluate a potential CCS project in the Dutch North Sea.\n \n \n \n \n \n \n \n \n \n Production guidance for 2024 is...

More updates from Tenaz Energy Corp