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KazMunaiGas EP profit drops on oil price slide

ALMATY, Nov 5- Kazakh oil firm KazMunaiGas Exploration Production said on Thursday its net profit has nearly halved in dollar terms in the first nine months of this year due to the decline in oil prices. Net profit for January-September was 138 billion tenge, compared with 242 billion tenge in the same period of 2014, the firm said in a statement.
Source: Reuters
FACTBOX-U.S. oil, gas reserve-based loan cuts grow to 4.2 pct of $29 bln

Oct 28- U.S. energy companies that hold reserve-based loans have so far reported a net fall of 4.2 percent, or roughly $1.23 billion, in their credit lines. "It looks generally to me like it's sort of kick-the-can-down-the-road approach that's being taken at this point, but that really just pushes the day of reckoning into sort of the first quarter of next year,"...
Source: Reuters