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Kerr-McGee to diversify portfolio with HS purchase

Oklahoma City-based Kerr-McGee Corp.'s (NYSE: KMG) purchase of Rockies gas producer HS Resources Inc. (NYSE: HSE) will boost its portfolio of low-risk U.S. natural gas reserves. In a transaction value of $1.7 billion, Kerr-McGee will pay ...

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Published July 4, 2001
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