Burlington Resources Inc. this week filed updated pro formafinancial information with the Securities and Exchange Commission(SEC) regarding its pending acquisition of Poco Petroleums Ltd. toinclude third quarter results of combined operations. Shareholdersof Calgary-based Poco yesterday approved the C$2.6-billion takeoverthat would create North America’s fourth-largest gas producer.

The deal was announced in August (see Daily GPI Aug. 18).”Establishing a major presence in Canada enhances our position as adominant independent E&P company with a strong North Americannatural gas focus,” said Burlington CEO Bobby Shackouls when thedeal was announced. “Poco Petroleums is an excellent partner toenable us to achieve that objective.”

On a stand-alone basis for the nine-months ended Sept. 30, BRreported basic earnings per share of US$0.27/share. The SEC filingreflects that on a combined basis with Poco for the first ninemonths of 1999, pro forma earnings increased by 44% toUS$0.39/share.

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