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Tuesday, June 17, 2014 12:19:56 PM
As part of this transition to additional horizontal drilling, Parsley will begin to slow its vertical program (specifically moving from nine vertical rigs to eight vertical rigs during 2014) although the company intends to maintain vertical development as part of its ongoing effort to hold acreage, capture additional horizontal development opportunities, enhance recovery and maintain underlying base production volumes.
Purely my own opinion. Do your Due Diligence.
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