New York, February 22, 2016 -- Moody's Investors Service (Moody's) concluded rating reviews on 12 US B-rated exploration and production (E&P) companies. Moody's confirmed 1 company's ratings, and downgraded 2 companies' ratings two notches, 5 companies' ratings three notches, 2 companies' ratings four notches, and 2 companies' ratings five notches. A list of each company's rating actions is included below. These actions conclude the rating reviews begun on January 21, 2016.
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