Eagle Ford-focused Penn Virginia
turned to sales nine wells during Q1 and
averaged production of 24,692 boe/d
(74% oil), up 53% YOY. The company
plans to grow 2019 production 25-30%
YOY by utilizing a two-rig program to drill
40 wells, including 20 extended laterals.
Guidance has been set at 27,100-
28,300 boe/d for production. Capex is
expected to be $345-365 million, down
15% at......
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