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Warren Resources (WRES -0.6%) says it is increasing its planned 2013 capex budget to $73M from...

Warren Resources (WRES -0.6%) says it is increasing its planned 2013 capex budget to $73M from $58M due to a decision to drill 25 new coalbed methane wells in the Spyglass Hill unit in Wyoming's Washakie Basin. Since the additional wells are expected to be placed into sales in late 2013, WRES is not updating its full-year gas production guidance.
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