Outlook for Unocal is stable says Standard & Poor’sUnocal’s Morrell says oil production should remain fairly stable and a natural decline in reserves would be offset with a summer drilling program and remedial well work Tom Hall PNA staff writer
Citing “numerous internal growth opportunities in core operating areas” that are expected to increase both reserves and production, Standard & Poor’s, on May 10, upgraded the outlook for Unocal Corp. from negative to stable.
Martin Morrell, the company’s oil and gas operations manager for Alaska, e....
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