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Vol. 9, No. 30 Week of July 25, 2004
Providing coverage of Alaska and northern Canada's oil and gas industry


XTO Energy to cool it on big deals, says property acquisition market getting expensive

Ray Tyson

Petroleum News Houston correspondent

Deal-minded independent XTO Energy, whose production and earnings soared in the 2004 second quarter, says it likely won’t do any more gargantuan property acquisitions this year, due in part to a pricey market. With a little over half the year gone, XTO already has done 46 deals amounting to more tha....

    [additional news subjects in this story]

Properties today pricey

Production to record levels


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