Evergreen earnings decline, but production keeps rising
Allen Baker PNA Contributing Writer
Evergreen Resources Inc. reported profits of $2.4 million for the first quarter, down 84 percent as prices slumped for the company’s coal bed methane.
The Denver-based company made $5.3 million in the fourth quarter.
Evergreen kept boring holes at its Raton Basin field, adding 50 news wells in the f....
[additional news subjects in this story]
Production up 27%
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