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Southwestern Energy (SWN) plans a ~$2B capital investment program in 2013 vs. $2.1B for 2012,...

Southwestern Energy (SWN) plans a ~$2B capital investment program in 2013 vs. $2.1B for 2012, and targets total net gas and oil production of 628-640 Bcfe in 2013, up 11%-13% vs. expected 2012 level. Total net production from the Fayetteville Shale is seen at 475-480 Bcf vs. 484-486 in 2012; production from the Marcellus Shale is seen at 160-165 Bcf vs. 63-65 in 2012.
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