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Vol. 8, No. 18 Week of May 04, 2003
Providing coverage of Alaska and northern Canada's oil and gas industry


U.S. companies looking to buy

Flush with cash, E&P companies eye acquisitions in core operating areas

Petroleum News Houston Staff

After a few years of belt-tightening, U.S. exploration and production companies are once again cash-rich and appear to be on the hunt for properties to build their oil and gas portfolios. Large independents Apache and Burlington Resources, both with considerable amounts of money in the bank due to....

    [additional news subjects in this story]

Earnings up by more than 80 percent

Burlington weighted to gas


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