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Article: HS Resources Announces Second Quarter Results
- Article from:
- PR Newswire
- Article date:
- August 13, 1998
CopyrightCOPYRIGHT 1998 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, Aug. 13 /PRNewswire/ -- HS Resources, Inc. (NYSE: HSE) today announced its operating and financial results for the quarter ended June 30, 1998. For the quarter, net income was $1.3 million, or $0.07 per share, before a $36.5 million after-tax ($59 million pre-tax) non-cash charge for a full cost ceiling test impairment described below, compared to net income of $1.2 million, or $0.07 per share, for the comparable prior year period. Quarterly production was a record 3.26 million barrels of oil equivalent (MMBoe), up 43% from 2.28 MMBoe during the comparable prior year period. The Company produced 15.4 billion cubic feet of natural gas (Bcf), an increase ...
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Article: Kerr-McGee closes HS Resources deal
The Journal Record;
August 2, 2001 ;
700+ words
... ... completed its $1.7 billion acquisition of HS Resources, officials said Wednesday. The deal ... gas reserves ratio is 57-to-43. HS Resources, based in San Francisco, employs more ... plan to retain substantially all of the HS Resources' operating personnel," said Luke ...
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