Boatload

Pogo Pins Debt Reduction on Sale of Nonstrategic North American Assets

Pogo Producing Co. expects to make $700-800 million from the sale of a boatload of nonstrategic North American oil and natural gas properties. The Houston-based independent selected the assets from its holdings in the Gulf of Mexico, South and East Texas, South Louisiana, the Permian Basin, Texas Panhandle and Western Canada.

October 23, 2006