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Venoco Focused on Cost Reductions
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Venoco, Inc. has reported financial and operational results for the first quarter 2015.
The company reported a net loss of $11.8 million for the quarter on total revenues of $20.4 million.
Mark DePuy, Venoco's CEO said: "Our focus for 2015 has been on production optimization and cost reduction, advancement of long-lead time projects, and continued efforts to improve our balance sheet. I am pleased to say we have had a very busy and successful start to the year in all of…
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