Pogo's Reserves Grow Larger.

0 Comments | M2 Presswire, February, 2007

M2 PRESSWIRE-16 February 2007-Breaking News: Pogo's Reserves Grow Larger(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:16022007 Pogo Producing Company (NYSE:PPP) explores for, develops and produces oil and natural gas. Headquartered in Houston, Pogo owns approximately 4,800,000 gross leasehold acres in major oil and gas provinces in North America, 6,354,000 acres in New Zealand and 1,480,000 acres in Vietnam.

Pogo common stock is listed on the New York Stock Exchange under the symbol "PPP". At the time of writing shares are up 2 to $52.04 with over 1.4 million in volume. This momentum comes as Pogo Producing Company (NYSE: PPP) recorded a fourth quarter 2006 net loss of ($16,521,000), or ($0.29) per share, on revenues of $343,134,000, compared to net income in...