BURLINGTON RESOURCES INC.
NYSE : BR

BURLINGTON RESOURCES INC.

September 26, 2005 11:05 ET

Burlington Resources Announces Production Impact Due to Hurricane Rita

HOUSTON--(CCNMatthews - Sep 26, 2005) -

Burlington Resources Inc. (NYSE: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, 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.

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 natural gas reserves and production. Headquartered in Houston, Texas, the company conducts exploration, production and development operations in the U.S., Canada, the United Kingdom, Africa, China and South America. 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.

Contact Information

  • Burlington Resources Inc., Houston
    Financial:
    Lee Ahlstrom, 713-624-9548
    or
    Media:
    James Bartlett, 713-624-9354
    www.br-inc.com