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During 3Q15, $APC increased its sales volumes by more than 42,000 barrels per day, and reduced cycle times by almost 20% and costs per foot by almost 15%. Since last year, the organization has further reduced its costs by nearly $70 per foot drill on each well at the savings of almost $1MM per well as a result of the enhanced well-bore design.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.