Schlumberger Ltd. declared its first-quarter earnings dipped about 30 percent as oil and natural gas companies cut back on exploration and drilling due to lower prices and demand. For full story, click here
Gastar Exploration Ltd. announced its financial and operational results for the three months and full year ended December 31, 2008. The company reported that there has been a 29% increase in natural gas production to 23.3 MMcfe per day for full-year 2008, compared to 18.1 MMcfe per day in 2007. For full story, click here
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