	kaneb energy partners ltd kep th qtr loss shr loss one cent net loss revs mln mths shr loss dlrs net loss mln revs mln note in february kaneb services inc contributed all of its domestic oil and gas operations to kaneb partners which was newly formed and exchanged approximately depositary units respresenting limited partnership interests in kep for approximately million shares of the outstanding common stock of kaneb servies inc kaneb now owns approximately pct of kep during the mths of operation the partnership wrote down the carrying value of its oil and gas properties by mln dlrs the write downs reduced income by dlrs per limited partnership unit reuter 
