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EV Energy: Eagle Ford, Barnett, Utica Ops Poised for Growth
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EV Energy Partners, L.P. reported results for the fourth quarter and full year 2013.
In addition, EVEP announced its 2013 year-end proved reserves, 2014 guidance and an update of its commodity hedge positions.
2013 Highlights Overall operating results were in line with expectations Attractive proved reserve growth and reserve replacement rates and replacement costs Proved reserves increased 32 percent Price neutral reserve replacement cost of $1.01/Mcfe Significant Utica midstream investment with initial start-up of operations 400 MMcf/day of processing and 45,000 Bbls/day of fractionation capacity now online Start-up of additional 400 MMcf/day of processing and 90,000 Bbls/day of fractionation capacity expected in the second and third quarters of 2014 Completion of initial Utica…- ✓ Full news archive — U.S., Canada & international coverage
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