Triton Energy rose 4 3/8, to 33, apparently on the strength of an upbeat analyst's report.

In another big move, Triton Energy rose 3, to 23 1/2, on 1.9 million shares.

A new $560 million platform started production last month, even as another American company, Triton Energy, announced a big find.

Triton Energy said tests confirmed a huge oil find in Colombia.

Amerada Hess will buy Triton Energy for about $2.6 billion in cash, the companies said yesterday.

Don't tell that to holders of Triton Energy.

Triton Energy began business in 1962 in much the same way as other wildcatter oil companies of its day.

A loser for short-sellers was Triton Energy, whose short position fell from 7.5 million shares to 1.4 million.

Triton Energy, which announced a major oil discovery in Colombia, climbed 8 1/4, to 59 3/4.

An independent oil company, Triton Energy was a financial cripple last winter.