Current EPE Stock Info

60 wells will be drilled
EP Energy (ticker: EPE) and Tesoro (ticker: TSO) announced a drilling joint venture in the Uinta basin this week, supporting EP’s Altamont program.

The joint venture will provide for a 60 well drilling program, a significant acceleration of EP’s operations in the area. From Q1 2016 through Q1 2017 EP completed 18 wells in the Uinta basin, so 60 wells would definitely increase activity. In Q1 2017 EP produced an average of 11.9 MBOPD. EP has not updated its guidance yet, but expects to change its guidance to represen...

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