Says targeting 23%-27% production growth in 2012 from 2011. Sees 20+% CAGR increase in production from 2011-2014. Says 2012 capital program includes $2.4B of drilling capital, $0.4B vertical integration and facilities. Sees 2012 operating cash flow $2.2B, 2013 operating cash flow $2.8B, 2014 operating cash flow $3.3B. By mid-2012, says expects frac capacity to total about 300,000 HP. Comments from slides that are being presented at the 2012 Citi Global Energy Conference.
Stocks fell at the open on Friday, putting Wall Street on track for its first weekly decline since mid April, amid …