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Vol. 10, No. 4 Week of January 23, 2005
Providing coverage of Alaska and northern Canada's oil and gas industry

News in brief

Burlington takes charge against Canadian properties

Big exploration and production independent Burlington Resources says it will take a $90-million impairment charge for the 2004 fourth quarter related to the value of undeveloped properties in Canada. The pre-tax charge will amount to 15 cents per share but will not affect the company’s reserves or....

    [additional news subjects in this story]

Worldwide rig economics continued to improve


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