It is a little confusing because after you graduate, you probably will write one check to the lender each month to pay for the entire amount you borrowed.
"This transaction maintains our focus on core of the core acreage with the most favorable reservoir characteristics and positions us for years of production growth at the low end of the cost curve.
We believe Parsley's record of strong operational performance and the Company's complementary asset base make Parsley the ideal company to deliver the tremendous value associated with these assets." The Company expects to report 4Q16 net production of 44.8-45.2 MBoe per day, up approximately 5% at the midpoint versus 3Q16 net production, placing full-year 2016 average production within the annual guidance range.
The Company expects to report 4Q16 capital expenditures of MM, translating to full-year 2016 capital expenditures that fall within the annual guidance range.
To consolidate student loan debt, you get a single loan that is then used to pay in full your outstanding debt from the various lenders who provided you with student loans.
By doing so, you “consolidate” your student debt into a single loan.