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Vol. 8, No. 44 Week of November 02, 2003
Providing coverage of Alaska and northern Canada's oil and gas industry


Kerr-McGee, Noble post third quarter profits

Independents climb out of hole after losing financial performances a year ago

Petroleum News

Exploration and production independents Kerr-McGee and Noble Energy, which reported losing financial performances a year ago, turned it around in the 2003 third-quarter, the companies said Oct. 29. Oklahoma-based Kerr-McGee posted net income of $28.8 million or 29 cents per share in the third quarte....

    [additional news subjects in this story]

Sale of non-core assets has impact

Noble’s cash flow up 33%

Lower exploration costs a factor

Increase comes from China, Ecuador


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