Ocean Energy, Seagull tout merger benefits

As oil and gas prices continue to dredge even deeper, more and more companies are looking for ways to weather the financial storm. Even before the recent major players' announcements of plans to join forces, independents had jumped aboard the merger bandwagon. The recently announced merger of two independents-Ocean Energy Inc. and Seagull Energy Corp., both of Houston-will create the U.S.'s 10th largest publicly traded independent oil and gas company, based on reserves, say the

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