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💨IMPACT LEVEL 1 — MEH

Epstein File EFTA01385319: Strip and Injection (DS10)

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This document contains financial or energy market analysis discussing gas strip prices falling below $2.70 in December 2018, expected market balance in 2018-2019, and investment analysis of WPX Energy with quality surplus projections during injection season. No individuals, dates, or legal actions are referenced in the excerpt.

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Excerpt 1
This was highlighted in first half expected to be largely balanced in 2018 and 2019 of December when 2018 gas **strip** went below $2.70 though that would
Excerpt 2
Based on the above, in the Mid Quality surplus (15% higher) at the start of the **injection** season. space, we are positive on WPX Energy (BUY-rated) and

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