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Diversified Land & Exploration Co., Newport Beach,...

Diversified Land & Exploration Co., Newport Beach, posted earnings of $181,982 for the first six months of its fiscal year, more than double the $71,148 reported for the comparable period last year. Revenue rose 147% for the first half ended Dec. 31, 1988, to $1.5 million from $591,377. Second-quarter figures were not available. The company acquires interests in natural-gas gathering systems, operates the systems and acquires and develops domestic onshore properties.


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