14 Quotes by Jim Mulva

We are pleased to be resuming our long and productive partnership with the people and the state of Libya in this strategic asset. This agreement provides a strong basis for us to invest in our aligned goals for increased reserves and production, and in the training and development of our Libyan work force.

I am encouraged that second-quarter operating earnings, although down from year-ago levels, were more than six times higher than in the first quarter,

It certainly could have an impact on the production and refineries that are up and running today and it certainly would have an impact on the recovery,

The acquisition of Arco's Alaskan assets represents a significant step in our strategy of growing our exploration and production business. We gain a substantial position in the two largest fields in North America, immediately form a new production center and become a major merchant supplier of crude oil to the West Coast.

This strategic acquisition completes our foundation for accelerated and sustainable profitable growth. With our balanced portfolio of assets, scale, and financial flexibility, we can deliver the growth and value that our shareholders expect.

We'd like to think we have pretty aggressive organic growth in the company, both upstream and downstream,

We will look at everything but...based on what we would be willing to pay, we would not be competitive; its kind of doubtful for us to go higher than what we've done with the Burlington acquisition.

We are building on the success we achieved with the formation of Global Systems and Services at the time of our merger in August 2002, as well as our recent achievements with our Human Resources leveraged service center. Continued consolidation of service groups will enable us to further capitalize on opportunities to capture efficiencies and increase the value they provide to our business units globally.

We expect first-quarter net operating income to be up 75-85 percent from the same period last year. The expected increase is due primarily to increased production as a result of the company's second-quarter 2000 Alaskan acquisition.