PROFITS JUMP FOR GROUP OF INDEPENDENTS

Joan Bonfield Biggs Statistics Editor Robin Buckner Price Staff Writer First half 1991 profits showed an unexpected increase for a group of U.S. independent companies Oil & Gas Journal tracks. The increase occurred in spite of low natural gas prices and an overall sluggish U.S. petroleum industry. Crude oil and natural gas production showed modest gains, and although gas prices remained low, steady oil prices helped buoy the 50 company group.

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