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STS - Penn Virginia Highlights - January 2, 2020
Due to drilling and completion efficiencies, Penn Virginia was able to turn to sales 4.8 more net wells than planned during Q3. In total, 20 gross wells were turned to sales, which helped to boost production 4% sequentially and 27% YOY to 29,003 boe/d (73% oil). Given the acceleration of completion activity as well as the acquisition of additional working interests on a portion of its assets, the company adjusted 2019 capex guidance to......
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