Unocal plans Gulf of Mexico asset salesCompany’s goal to lower costs, fund international growth Petroleum News Anchorage Staff
Unocal said June 5 that that it will sell assets — primarily oil and gas fields in the Gulf of Mexico region — to reduce the company’s operating and depreciation, depletion and amortization unit costs and to lower corporate and business unit administrative and general costs. Cash flow from operating....
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Deepwater Gulf of Mexico Changes in equity holdings, debt reduction
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