Even amid good times,some independents lose;blame it on the hedges

摘要

Despite record earnings and revenues for many oil companies,a handful of tiny E&P independents posted first-quarter net losses may 10 largely related to oil and gas hedges.small producers parallel petroleum,goodrich petroleum,the exploration company,also known as txco,and canada's baytex energy trust all reported net losses in the quarter that totaled several hundred throusand dollars to nearly us17-mil.