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Stock Market & Financial Investment News

News Breaks
December 6, 2012
06:26 EDTEPMEvolution Petroleum initiated with a Buy at Brean Capital
Target $11.
News For EPM From The Last 14 Days
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March 30, 2015
19:12 EDTEPMEvolution Petroleum provides litigation update
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19:10 EDTEPMEvolution Petroleum provides operations update
As previously projected, the operator of the Delhi Field has decreased CO2 purchases to a February rate of approximately 101M cubic feet per day, MMCFD, from the temporary surge to approximately 125 MMCFD in the latter months of calendar 2014. The surge in CO2 purchases was intended to partially restore reservoir pressure to optimize oil recovery. Since the purchase of CO2 is the largest operating cost for the field, the reduction in the recurring level of purchases should significantly reduce operating expense going forward until the natural gas liquids plant is brought on line and the enhanced oil recovery project is expanded further into the eastern half of the field.

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