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Shale Drillers Are Showing Remarkable Restraint Even as Oil Creeps Higher

Retrieved on: 2018-03-30 19:15:00

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<div>The drilling budget of Permian Basin-focused <b>Laredo Petroleum</b> (NYSE: LPI) has also been a moving target over the past few years. In 2016, the company initially expected to spend $345 million on capex but revised it up to $420 million a few months later due to higher oil prices. Last year, the company ...</div>

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