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Post# of 2020
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DENN

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DENN

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Thursday, 06/28/2018 2:42:32 PM

Thursday, June 28, 2018 2:42:32 PM

Post# of 2020
RECENT DEVELOPMENTS

AGP Eagle Ford Drilling. AGP deployed $0.2 million of cash on hand during the quarter and $6.3 million subsequently to drill and complete one Eagle Ford Shale well that turned in-line during May 2018. The well is expected to significantly increase AGP’s production and provide substantial cash flow. With this additional well, AGP will have enhanced ability to generate positive cash flow from its operations, grow its cash balance, and take advantage of opportunities to drill new Eagle Ford Shale wells or take on other strategic initiatives and transactions should favorable conditions arise.
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