Author: Elena Todorova
123jump.com
Last Update: 8:04 AM EDT June 04 2007
Dominion''s Permian Basin operations will be bought by Loews Corp. for $4.025 billion, while Dominion''s operations in the Rocky Mountains will be taken over by XTO Energy for $2.5 billion. The operations include 3.51 trillion cubic feet equivalent of proved natural gas and oil reserves as of Dec. 31, 2006.
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