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Beta Oil’s Quarter Losses Rise to $1.9 Million

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Beta Oil & Gas Inc., a Newport Beach energy company, said it lost $1.9 million, or 21 cents a share, for the third quarter, compared to a net loss of $185,094, or 3 cents a share, for the like period last year. Revenue totaled $254,332. No revenue was reported for the 1998 third quarter.

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