Encore Acquisition Co. president and chief executive Jonny Brumley explains the upside the company is looking forward to in 2009 and how being oily has paid off.

Costless collars are bad for most independent E&Ps, and they aren’t really costless. Here’s why.

Low commodity prices have severely constrained many oil and gas producers’ cash flow and cash on hand. It is increasingly important to guard against skimming, overcharges and other runs on the till.

Last summer, investment bankers saw market-makers and resource players in their waiting rooms. Today, bankers are the ones waiting—for a pick-up in M&A activity.

Interest in unconventional gas plays remains unabated in this depressed commodity-price regime.

Investors eye the fundamentals of individual commodities in seeking outperformers.

Drilling success and positive economics boost acreage costs in the Appalachian Basin’s Marcellus shale.

Energy XXI balances out its conservative strategy with deep and ultradeep wildcat prospects.