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Centennial Increases Production Guidance 15%; Boasts Own Record Wells
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Centennial reported its Q2 results where it focused on its production and rig activity.
Highlights Include:
Centennial announced equivalent production in Q2 of 29,665 boe/d, a 61% increase from Q1. As a result, the company increased its 2017 production guidance t0 18,000 bbls/d and 29,500 boe/d, or about 15% higher than its original guidance. Although Centennial increased its production guidance, it reaffirmed its previous capex guidance and still plans to…
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