Benton Oil and Gas Company Announces First Quarter Results.

Business WireMay 07, 2001

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Benton Oil and Gas Company Announces First Quarter Results.

Business Editors

CARPINTERIA, Calif.--(BUSINESS WIRE)--May 7, 2001

Benton Oil and Gas Company (NYSE:BNO) today announced recurring net income for the 2001 first quarter of $3.1 million, or $0.09 per share (diluted), compared with $3.0 million for the same period last year. However, these results exclude a nonrecurring charge of $856,000, related to severance payments of two former officers of ...

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