Offshore staff

HOUSTON -- Pogo says it is exploring a number of strategic alternatives, including the possible sale or merger of the company. Other alternatives being considered include the sale of its Canadian, Gulf Coast, Gulf of Mexico, and other assets.

In 2006, Pogo executed a number of transactions, including the sale of 134 bcfe of proven reserves in the GoM, and the acquisition of Latigo Petroleum and its properties in the Permian basin and Texas panhandle.

2/15/2007