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Memorial Tags CapEx; Talks Texas, California Progress
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Memorial Production Partners LP has detailed its 2013 guidance as well as an operational update.
A summary of the guidance, assuming no additional acquisitions, is presented below:
These estimates reflect management's best judgment based on current expectations about the future and anticipated market conditions based upon both stated and unstated assumptions and other factors. Although management believes such estimates to be reasonable, they are inherently uncertain and involve a number of risks that are beyond MEMP's control. Actual conditions and assumptions may change over the course of the year.
Operations UpdateIn 2012, MEMP participated in the drilling and completion of 6 horizontal development wells targeting the liquids rich Cotton Valley formation. All of these wells were…
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