M.D.C. HOLDINGS &lt;MDC> SELLS ENERGY UNIT

  M.D.C. Holdings Inc said it sold
  substantially all the assets of its oil and gas unit, Mizel
  Petro Resources Inc, and affiliated partnerships, for 38 mln
  dlrs in cash to &lt;Parker and Parsley Petroleum Co>, Midland,
  Texas.
      The company said that, subject to certain post-closing
  adjustments, it expects to post a small profit on the sale.
  

