KrisEnergy Ltd. announced that it plans to spend total capex of USD 196.13 million consisting of USD 125.85 million on exploration and appraisal and USD 70.28 million on development for 2014 compared to total capex of USD 78.40 million consisting of USD 64.61 million on exploration and appraisal and USD 13.79 million on development spent in 2013.