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$APA said on the Northwest shelf, the company placed nine horizontal Yeso wells on production during 2Q16 and continued to generate very good production rates and economics from this play. The Hummingbird 7 produced a 30-day average rate of 734 BOEs per day. The company said that its well costs in the Yeso play are around $2.5MM.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.