Point of View - Vintage Petroleum CEO seeking geographic balance

Vintage Petroleum Inc., Tulsa, has transformed itself from a US Midcontinent and Gulf Coast niche player in the early 1990s into an international company with operations in Argentina, Canada, Bolivia, Yemen, and Italy.The company experienced another transition this year as it reduced debt to better position itself for future profitable growth. Vintage has sold its interests in Ecuador and Trinidad and Tobago along with certain US and Canadian properties.President and CEO S. Craig George said Vintage seeks good investments through the drill bit and through acquisitions in the US and elsewhere."I think it is important for us to focus on a certain number of projects," George said. "We know w...

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