During 2017, Chaparral transformed itself into a STACK pure-play company after divesting $170 million in EOR assets to Perdue Petroleum and entering into a $100 million drillco JV with Bayou CIty Energy Management. For the full year, the company drilled or participated in 128 gross (28 net) horizontals, with 28 gross (18 net) operated. Of the total, 28 were Osage and Meramec wells, with laterals averaging 4,573 ft. and peak IP30s coming in at......
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