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Bernstein Report Examines Western Colorado Piceance Basin Value
July 3, 2012
According to a Bernstein E&P Resource of the Month report, the low liquids content of operators drilling western Colorado Piceance Basin wells “will not generate much value for investors”.
“The low estimated ultimate recoveries (EURs) combined with lower liquids content and average levels of Opex and Capex lead us to estimate that only the best quality ...
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