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Emerald Oil Updates Guidance Following Permian Acquisition
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After announcing an acreage acquisition in the Delaware Basin, Emerald Oil Inc. has reported an updated 2015 Production and CAPEX Guidance.
Assumes Emerald's variable one rig program for 2015 in the Williston Basin, and the addition of one operated rig beginning operations in the Delaware Basin in the third quarter of 2015. Incremental production guidance for Delaware Basin assets based on the Company's analysis of offset operator production results as well as available geologic data.