TXCO Ch. 11 Plan Gets Verbal Approval

By Ben James (January 26, 2010, 6:57 PM EST) -- The judge overseeing TXCO Resources Inc.'s Chapter 11 proceedings approved the oil company's reorganization plan Tuesday, an attorney for TXCO said, setting the stage for the sale of substantially all TXCO's assets to Anadarko Petroleum Corp. and Newfield Exploration Co. to close in the second week of February....

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