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Ed Westlake of Credit Suisse asks about the 2Bil BOE resource number. EVP Darrell Hollek said $APC believes that is a conservative number. He added that looking at the amount of BOEs in place per each section, $APC is looking at something less than a 5% recovery and truly feels that it will get a lot more upside than that.
$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?