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Fly News Breaks for October 2, 2018
REI
Oct 2, 2018 | 07:24 EDT
Seaport Global analyst John Aschenbeck downgraded Ring Energy to Neutral and cut its price target to $12 from $20. The analyst has looked at state data obtained from DrillingInfo and come to the conclusion that Ring's 2018 hz. San Andres completions have been underperforming older vintages by approximately 25%, and his prior type curve estimates by 34%.
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