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June 2008

FEATURES
Independent Banking

Regional commercial banks offer debt-access security to local E&P operators and service providers.

Deepwater Reserves

Deepwater Gulf of Mexico exploration drilling declined in 2007, but this may be while operators are catching up on appraisal and development drilling, and new-prospect development.

Muskwa and Horn River Shales

Canada’s first big shale play looks to be a doozey. In British Columbia’s remote Horn River Basin, Muskwa and Horn River shales show multi-Tcf promise.

Nichols on the Barnett and Washington

From the Barnett shale to the Lower Tertiary to the Caspian, Devon Energy Corp. finds plenty of reserves and production growth. But its CEO is watching Washington these days.

Utah Jazz

Utah exploration has come alive with fresh success in conventional reservoirs in its central Hingeline and in resource plays in the Paradox Basin’s salt and clastic Paradox formation.

NEWSWELL
SPECIAL REPORTS
Special Reports
 
FROM THE EDITOR-IN-CHIEF
Popping the Bubble
COMPLETIONS
Rolling Stone
TRENDS & ANALYSIS
Deepwater Gulf of Mexico

  Deepwater Gulf of Mexico leasing has garnered a whopping $3.7 billion in high bids so far in 2008.

CAPITAL MARKETS
Energy Lenders' Price Decks
Betting on Equity

Despite turbulent credit markets, a sinking economy and soaring prices, three energy investment pros say equity raises will be a good engine to drive E&Ps’ expected growth plans this year.

M&A TRENDS
Is the Reserves Market Rational?
EVENTS
See our events here
E&P MOMENTUM
Cretaceous Baxter Shale

A shale that's enjoying a shot in the arm is the Cretaceous Baxter in the Greater Green River Basin.

EXPLORATION HIGHLIGHTS
Eastern U.S.

Explorations include Marcellus shale tests in southern Tioga County, N.Y. and Chattanooga shale in Alabama’s Blount County.

Exploration Highlights

Explorations from Alabama, Michigan, Illinois and more.

Western Highlight

Highlights in Alaska’s North Slope, Humboldt County in Nevada and more.

Midcontinent & Permian Basin

Explorations in Kansas, Arkansas and more.

Exploration Highlights - Gulf Coast
International Highlights

Highlights include Norway, Mexico and Brazil.

NEW FINANCINGS
See recent financings
COMPANY BRIEFS
Berry to buy E TX package for $620MM
EnCana To Split Into Oil, Gas Companies
GOM-focused Stone, Bois d'Arc to combine
StatoilHydro pushed out of Kaskida Deal
HM Capital Buys Former Ram Oil
COSCO to become part of Rodman & Renshaw
Additional News
TECHNOLOGY REPORT
Laser Rock N'Roll

Technology to cut reservoir rock with lasers is being tested.

BRIGHT SPOTS
Meet Fred Lawrence

IPAA's Fred Lawrence describes his work with John McCain in Asia and his work for U.S. energy producers.

LEGENDS
Chatting with Joe Foster

Joe Foster advises fellow E&P leaders to have a “team focus.”

AT CLOSING
Think Outside the Barrel

 Successful oil companies have to recognize that, long term, they’re in the energy business, not the oil business.