XTO Energy Announces It Will Retain the Underlying Properties in Hugoton Royalty Trust and Cross Timbers Royalty Trust
2006年8月18日 - 9:25AM
PRニュース・ワイアー (英語)
FORT WORTH, Texas, Aug. 17 /PRNewswire-FirstCall/ -- XTO Energy
Inc. (NYSE:XTO) previously announced it was considering divesting
its underlying property interests in both Hugoton Royalty Trust
(HGT) and Cross Timbers Royalty Trust (CRT). After a full review,
the Company's Board of Directors has concluded XTO will retain
ownership of these underlying property interests. The HGT
properties are primarily operated working interests in Kansas,
Oklahoma and Wyoming. The CRT properties include royalty interests
in Texas, Oklahoma and New Mexico, and working interests primarily
operated by others in Texas and Oklahoma. XTO Energy Inc. is a
domestic energy producer engaged in the acquisition, development
and discovery of quality, long-lived oil and natural gas properties
in the United States. Its properties are concentrated in Texas, New
Mexico, Arkansas, Oklahoma, Kansas, Wyoming, Colorado, Alaska,
Utah, Louisiana and Mississippi. This release can be found at
http://www.xtoenergy.com/ . DATASOURCE: XTO Energy Inc. CONTACT:
Louis G. Baldwin, Executive Vice President & Chief Financial
Officer, or Gary D. Simpson, Senior Vice President, Investor
Relations & Finance, both of XTO Energy Inc., +1-817-870-2800
Web site: http://www.xtoenergy.com/
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