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Compton Petroleum is Slashing its 2006 Capital Spending

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July 1, 2006

Compton Petroleum, a Calgary based company, is slashing its 2006 capital spending budget and says it will sell at least $100 million worth of assets. The Company still expects to drill about 190 wells during the first 6 months of 2006 and theire success rate on wells drilled to date is 90%. They are encouraged by ...

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