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Altura Sees Production Decline For Q2 As Company Curtailed, Shut-In Production
Altura Energy Inc. saw reduced Q2 2020 production due to voluntary production curtailment of around 700 boe/d in response to the severe oil price decline caused by the COVID-19 pandemic and OPEC production quota concerns. In the second half of 2020, though, the company forecasts production volumes to range between 1,000 and 1,100 boe/d.
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