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$NBL 2Q15 Call: Well costs are trending under our target for the year. 2H15 oil and well cost, including drilling, completion and allocated facility are expected to $3.5MM in Wells Ranch and $3.9MM in East Pony. These are both $300,000 below our budget assumptions. For rest of the year we expect to drill a 240 equivalent wells in 2015.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?