Alta Mesa Holdings will drill and complete up to 150 wells this year, ramping up from six to eight rigs by year’s end. The company increased its capex 28% this year to $290 million with 95% of that going to Kingfisher County, Oklahoma. Joint development partner Bayou City Energy will fund 42 of the wells. Alta Mesa increased its STACK position from 40,000 net acres in early 2015 to over 100,000 net acres today.......
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