Burlington Resources Announces Production Impact Due to Hurricane Rita.HOUSTON -- Burlington Resources Burlington Resources, is an American oil and gas company. Their headquarters are in Houston, Texas. Based in Houston, Texas, BR has major offices located in Calgary, London, Farmington, Midland and Fort Worth. Inc. (NYSE NYSE See: New York Stock Exchange :BR) today announced that approximately 140 million net cubic feet per day of natural gas equivalent production (MMcfed) is currently shut-in as a result of Hurricane Rita Hurricane Rita was the fourth-most intense Atlantic hurricane ever recorded and the most intense tropical cyclone ever observed in the Gulf of Mexico. Rita caused $11.3 billion in damage on the U.S. Gulf Coast in September 2005. , down from a maximum storm-related curtailment of 180 MMcfed. The production curtailments for Hurricane Rita began Thursday, September 22. The total volumes curtailed include less than 10 MMcfed that has remained shut-in as a result of Hurricane Katrina  Editing of this page by unregistered or newly registered users is currently disabled due to vandalism. . The majority of the current impacts occurred in the company's South Louisiana fields, with other minor impacts in peripheral areas due to processing plant shutdowns and higher pipeline line pressures. Overflights of the affected areas indicate little apparent damage to producing facilities, but due to extensive flooding, on-site inspections are not expected to occur until mid-week. Consequently, the timing of additional resumptions is still being assessed. Burlington Resources ranks among the world's largest independent oil and gas companies, and holds one of the industry's leading positions in North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. natural gas reserves and production. Headquartered in Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the , the company conducts exploration, production and development operations in the U.S., Canada, the United Kingdom, Africa, China and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. . For additional information see the Burlington Resources Web site at www.br-inc.com. FORWARD-LOOKING STATEMENTS This press release may contain projections and other forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Any such projections or statements reflect the company's current views with respect to future events and financial performance. No assurances can be given, however, that these events will occur or that such projections will be achieved, and actual results could differ materially from those projected. A discussion of important factors that could cause actual results to differ materially from those projected is included in the company's periodic reports filed with the Securities and Exchange Commission. |
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