Belco Declares Dividend On 6-1/2 Percent Convertible Preferred Stock.

NEW YORK--(BUSINESS WIRE)--July 28, 1999--

At its regular meeting on July 27, 1999, the Board of Directors of Belco Oil & Gas Corp. (NYSE:BOG) declared the third quarter 1999 dividend of $0.40625 per share on the 6-1/2% Preferred Stock of the Company (NYSE:BOGPR), payable September 15, 1999, to shareholders of record as of September 1, 1999. The indicated annual rate is $1.625.

Belco is an independent energy company engaged in the exploration, development, acquisition and production of natural gas and oil.

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Publication:	Business Wire
Date:	Jul 28, 1999
Words:	87
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Topics:	Gas industry Natural gas Petroleum Petroleum industry

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