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EP Energy Corp. Details 2014 Financial, Operating Plan

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February 10, 2014

EP Energy Corp. (NYSE: EPE) detailed its financial and operations outlook for 2014 on Feb. 10. Roughly $2 billion is in the year’s capex budget, the company said. The company is focused on its Eagle Ford, Wolfcamp and Altamont projects, where it expects to complete hundreds of wells, EP Energy said.

The 2014 capex budget is funded by a revolving credit facility of $2.5 billion that is “supported by its growing reserve base,” EP Energy said. The capex will also be supported by cash flows, the company added.

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