XTO Energy (XTO) Sees Reduction in Q3 Production by 3.5Bcfe Due to Stroms in September
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XTO Energy Inc. (NYSE: XTO) announced today its Q3 production was negatively impacted by 3.5 billion cubic feet equivalent, one-third of which is oil and liquids, due to the tropical storms in September. The Company also expects some of these operating effects to persist into Q4: the impact of which is expected to be 2.5 to 3.0 Bcfe in total.
XTO Energy, Inc. and its subsidiaries engage in the acquisition, development, exploitation, and exploration of producing oil and gas properties in the United States.
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