XTO Energy Inc. (XTO) said that it raised its targeted annual production growth to 23% for 2009. The estimated ranges of average daily production for the fourth quarter of 2009 are: Natural Gas to be 2,360 MMcf- 2,400 MMcf, and Total Gas Equivalent to be 2,888 MMcfe- 2,928 Mmcfe.
The company said that these estimates do not include derivative fair value gains and losses, the effects of possible future acquisitions or divestitures, or unforeseen events that may occur after this release.
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