Vitesse Energy Inc is a US independent energy company:
- engaged in the acquisition, development, and production of non-operated oil and natural gas properties in the United States that are generally operated by oil companies and are in the Williston Basin of North Dakota and Montana
- The company also have properties in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin
The firm says its implementing a 32% reduction in planned capital expenditures
- describes this as a considerable decrease in capital expenditures
Lower oil prices, tariff chaos. They won’t be the only ones cutting.
This article was written by Eamonn Sheridan at www.forexlive.com.
