Burlington profit soarsBig E&P independent says it has reached point of sustainable production growth of 20 percent over three years Ray Tyson Petroleum News Houston Correspondent
Burlington Resources, which used to infuriate analysts with missed production targets, is dancing to a different tune these days.
The first of the major U.S. exploration and production independents to report 2004 first-quarter earnings, Houston, Texas-based Burlington saw its profit jump 32 percent....
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First quarter beats analysts’ expectations North America “performing strongly”
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