Texaco agreed to sell some coal properties.
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The oil company reported that it is selling its interests in several coal mines in Colorado and Utah to Cyprus Minerals for undisclosed terms. Texaco said the properties are part of Getty Oil’s assets, which Texaco acquired in 1984. Texaco said it signed definitive agreements to sell the Plateau underground mine near Price, Utah; the Yampa surface mine and the Twentymile underground mine near Steamboat Springs, Colo., and a 50% interest in the Skyline underground mine near Scofield, Utah.
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