OilandGasInvestor.com is your complete source for information about the financial world of oil and gas. An interactive, searchable version of Hart Energy Publishing's Oil and Gas Investor Magazine, this site also provides you with online content from OGI This Week and A&D Watch.
In addition to providing daily analysis of trends and industry events, our editors interpret the news to highlight opportunities for you, whether your company explores for petroleum or provides finance, capital and advisory services to oil and gas operators.
History of Oil and Gas Investor
The oil and gas business was thriving when Oil and Gas Investor was launched in August 1981. Investors were flocking to the white-hot Denver penny-stock market (which no longer exists), and to the public drilling and income partnerships, even rig-construction partnerships that eventually went public. The U.S. rig count had averaged about 3,500 year-to-date. Little did anyone suspect that a decade-long downside was looming.
Publisher and owner Donald R. Hart was a well-known member of Denver's booming oil scene at the time. His Hart Publications Inc. was publishing several regional oil and gas magazines and petroleum directories, including Western Oil Reporter, a 20-year mainstay in the region.
In 1981, when Investor was born, a young landman named Rich Eichler was working leases for Tenneco in Plentywood, Montana. Coincidentally, he joined the Investor masthead in 1986, as the advertising sales manager. Soon thereafter, he became publisher, and today he is chief executive officer of Hart Energy Publishing LP.
When Hart launched Investor in 1981, it explained the oil business to private investors, along with cataloguing the dozens of public drilling and income funds. The first outside investors came to Hart Publications in 1987, and Dillon Read of New York did a private placement for the company.
In 1991, Donald Hart sold Investor and Hart Publications to Phillips Publishing International in Potomac, Maryland, and he retired to pursue his ranching and fishing businesses in Colorado. In early 1995, Hart Publications relocated to Houston, the center of the energy industry. In 2000 Hart Publications was sold to Chemical Week Associates in New York, and remained based in Houston.
In 2004, Eichler engineered a management-led buyout to form the present Hart Energy Publishing LP, with George Wiegers, co-founder and partner of Wiegers Capital Management, as chairman. But through these ownership changes, the magazine has retained its vision, remained true to its editorial mission and continued to grow.
Contact the Editors
Want the scoop from the most knowledgeable editors in the industry? Our editors are experts in the oil and gas industry and welcome your comments and inquiries either by phone or e-mail.
Leslie Haines began her journalism career in 1980 in Williston, North Dakota, at the Williston Daily Herald. She became the energy and business reporter for the Midland Reporter-Telegram in Midland, Texas, in 1982 and 1983. She joined Hart Energy Publishing in Denver in late 1983 as a copy editor. Soon thereafter she began writing for Western Oil and Gas World. In 1985, she joined the staff of Oil and Gas Investor magazine. She was named managing editor two years later and became editor in January 1992. In November 1992, at its annual meeting in Reno, the IPAA awarded Leslie with the 2nd Annual Lloyd Unsell Award for Excellence in Petroleum Journalism. She is a 1974 honors graduate of Keene State College in her native New Hampshire. She is a former president of the Houston Producers' Forum and is on the board of the Houston Energy Finance Discussion Group.
Nissa Darbonne joined Hart in the spring of 1998. She previously was business editor of The Daily Advertiser newspaper in oil country in Lafayette, Louisiana, and was a business writer and a government reporter with the newspaper since 1989. While an English and journalism student at the University of Louisiana-Lafayette, Nissa was a general news and features editor and writer with the student newspaper, The Vermilion, and, later, a Lafayette government correspondent and general interest writer for Baton Rouge's The Morning Advocate . She won Louisiana Press Association and other recognition for investigative reporting. She received her bachelor of arts degree from UL-Lafayette.
Based in Denver, Susan Klann is managing editor of Oil and Gas Investor. She joined Hart Energy Publishing in 1987 as an assistant editor on Hart's Oil and Gas World, now E&P. She was then managing editor of Oil and Gas Investor and magazine group managing editor until 1995, when Hart moved its headquarters to Houston. She has been a freelancer, writing a bi-weekly column on energy topics for The Denver Post for several years and editing an online magazine for women for the past decade. She rejoined Oil and Gas Investor in August 2008. Her experience includes stints on consumer and healthcare publications. She is a graduate of Northwestern University, Evanston, Illinois, with a BA in English, and she holds an MFA in creative writing from the University of Montana Writers' Workshop, Missoula.
Margaret "Peggy" Williams is a certified petroleum geologist with 16 years of industry experience in oil and gas exploration and production. Peggy joined Hart Energy Publishing in 1992. She holds a bachelor's degree in geology from the University of Rhode Island, a master's in energy resources from the University of Pittsburgh and a master of science in technical communications from the University of Colorado. Peggy is an active member of the American Association of Petroleum Geologists, and has served in several capacities with that organization and its local affiliate, the Rocky Mountain Association of Geologists. She is also a member of the Society of Petroleum Engineers and an associate member of the Society of Exploration Geophysicists.
Steve Toon joined Oil and Gas Investor in 2007 and is Editor of A&D Watch newsletter. He has a Bachelor's in Journalism.