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From the East Bay

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From the East Bay

Re: Zeev Hed post# 217738

Sunday, 03/14/2004 7:01:46 PM

Sunday, March 14, 2004 7:01:46 PM

Post# of 704044
Zeev - BP confessed to "overstating" oil and gas "proven reserves" by 2.5% on Friday, but the stock rose 0.19 points to 49 as acquisitions in Russia and "new discoveries" compensated for the downward pressure on its stock. See news article for specifics:

http://biz.yahoo.com/djus/040312/0032000012_4.html

"BP Trims Tally of Reserves 2.5%; But Deals, Discoveries Offset Cut" Dow Jones Business News, Friday March 12, 12:32 am ET
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