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Article: HS RESOURCES ANNOUNCES FIRST QUARTER RESULTS; REPORTS PROFITABLE QUARTER, STRONGER PRODUCT PRICES
- Article from:
- PR Newswire
- Article date:
- May 16, 1996
CopyrightCOPYRIGHT 1996 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAN FRANCISCO, May 16 /PRNewswire/ -- HS Resources, Inc. (NYSE: HSE) today announced its operating and financial results for the first quarter of 1996. Reflecting reduced drilling activities, initially curtailed in mid-1995 but resumed in the first quarter of 1996, net earnings were $0.2 million ($0.02/share) on revenues of $14.2 million compared to $0.6 million ($0.06/share) on revenues of $15.8 million in the first quarter of 1995. Operating cash flow totaled $6.4 million ($0.58/share) in 1996 compared to $8.2 million ($0.72/share) in the prior year period.
During the first quarter of 1996, HS produced 0.3 million barrels of oil and 5.0 billion cubic feet of gas ...
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Article: HS RESOURCES REGISTRATION STATEMENT DECLARED ...
PR Newswire;
May 20, 1996 ;
700+ words
... ... Holders of record of shares of HS Resources' common stock at the close ... at, the special meeting. HS Resources, Inc. is an independent oil ... projects in the Rocky Mountain and Gulf Coast regions. HS Resources' stock is traded on the New ...
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