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Business Week reports that on Wednesday, National Fuel Gas Co’s Seneca Resources unit intends to sell its Gulf of Mexico oil and natural gas-producing properties for $70 million.
Business Week reports that on Wednesday, National Fuel Gas Co’s Seneca Resources unit intends to sell its Gulf of Mexico oil and natural gas-producing properties for $70 million.
The market news is quoted as saying:
Natural Fuel Gas Chairman and CEO David F. Smith said Seneca’s exploration and development has been increasingly focused in Appalachia and California in recent years.
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