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Plains Exploration 1Q2013 Eagle Ford and Haynesville Update
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PXP's 2013 first-quarter daily sales volumes averaged 170.4 thousand BOE per day compared to 87.9 thousand BOE in the first-quarter of 2012.
Crude oil sales volumes averaged 118.9 thousand barrels per day, compared to first-quarter 2012 average volumes of 47.8 thousand barrels per day. Volume growth is driven primarily by the addition of the deepwater Gulf of Mexico assets acquired in November 2012 and strong Eagle Ford Field performance.
Natural gas liquids sales volumes averaged 10.3 thousand barrels per day, compared to first-quarter 2012 average volumes of 1.8 thousand barrels per day. The increase reflects the addition of the deepwater Gulf of Mexico assets and strong Eagle Ford Field performance.
Natural gas sales volumes averaged 246.9 million cubic feet ("MMcf") per day compared…
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