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First-quarter earnings from shale producers Continental, Concho, Devon, Encana and Antero come in strong but with mixed results.
U.S.-based oil and gas producers continue to report mixed first-quarter results in this final recap of E&P earnings including highlights from Apache, Laredo and Marathon.
The parties must now renegotiate a deal that would transfer Breitburn's Permian reserves to investors including Elliott and WL Ross through their participation in a $775 million rights offering.