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EVEP 1Q16: Lost $62M, Production Up 17% | Marcellus Drilling News
As we reported in March, EV Energy Partners (EVEP)--an upstream master limited partnership (MLP) created by EnerVest that holds enormous acreage in the Ohio Utica Shale play--is in survival mode (see EV Energy Partners: No New Utica Wells in 2016, in Survival Mode). In April the company quit paying unit holders (see Problem: EV Energy