EP Energy Corporation (ticker: EPE) reported its Q3 results and held its earning call yesterday.

Improvements with completions and new Eagle Ford & Permian Assets

EP has renamed its position in the Uinta Basin to Northeastern Utah or NEU.  In the third quarter of 2018, the company produced 17.5 MBoe/d, including 12.0 MBbls/d of oil, a four percent decrease from the third quarter of 2017, respectively.  EP Energy operated two joint venture drilling rigs and completed (frac'd) six gross wells and two net wells in the third quarter of 2018.  Total capital invested in NEU in the third quarter of 2018 was $35 million excluding acquisitions.

In the third quarter of 2018, the company completed its first two horizontal wells in NEU.  T...


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