Pacific Rubiales cuts 2015 capital budget to $1.1 bln - $1.3 bln

miércoles 14 de enero de 2015 19:55 GYT

Jan 14 (Reuters) - Canadian oil and natural gas producer Pacific Rubiales Energy Corp cut its 2015 capital budget to a range of $1.1 billion to $1.3 billion, citing falling oil prices.

The company also denied market rumors regarding its debt obligations.

Pacific Rubiales had earlier forecast a capital budget of $1.5 billion for 2015.

(Reporting By Tanvi Mehta in Bengaluru; Editing by Chris Reese)