Monday, April 9, 2007

UPDATE 1-Marathon sees 1st-qtr oil and gas sales dip

(Reuters) - The company said it expects to report that production sold in the first quarter was about 338,000 barrels of oil equivalent per day . The company sold 348,000 boepd in the same period in 2006 and 357,000 boepd in the fourth quarter.

It said the prices it received for crude oil and other liquid hydrocarbons in January and February fell marginally from the average fourth quarter level in the United States, while international prices dipped about $6 per barrel.


Read more at Reuters.com Market News

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