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Published on 8/14/2006 in the Prospect News High Yield Daily.

Belden & Blake buys back $33.03 million notes

By Laura Lutz

Des Moines, Aug. 14 - Belden & Blake Corp. repurchased $33.025 million face value of senior secured notes in June, according to a 10-Q filing with the Securities and Exchange Commission.

The notes were purchased at 102.75, for a gain of $436,000.

As of June 30, $165.514 million of the notes remained outstanding.

Belden & Blake is an oil and natural gas company based in Houston.


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