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BS - QEP Resources Highlights - May 5, 2020
QEP Resources modified its 2020 plans to prioritize profitability and financial discipline over production growth. The company is reducing its Permian drilling activity to a single rig for the remainder of the year, and all completion crews have been put on a frac holiday from March 22 through at least November. All Williston Basin refrac and non-essential operations have been suspended for the rest of 2020. The company also established a well shut-in strategy......
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