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Magazine - November 2000

A light rain is falling as the bus rolls through Warsaw's streets, past electric trolleys, cars and cyclists jockeying for


FEATURES
A SEXIER SECTOR

Development of new gas-storage fields, which had languished because of utilities' reluctance to commit to long-term contracts, is being rejuvenated ...

AHEAD OF THE CURVE

The first baby born on New Year's Day always gets generous press coverage. With the calendar rolling over to 2000, ...

IR GETS WIRED

Jean K. Hunter, director of investor relations for Conoco Inc., remembers the day when she realized that the Internet had ...

REELING IN RETURNS

Any investor on Wall Street who has gone bottom-fishing upstream during the past 18 months knows a simple fact: bigger ...

HELICOPTER, PLEASE

After a protracted recession in the oil patch, offshore helicopter operators who ply the waters of the Gulf of Mexico ...

THE GOOD FIT

Gulf Canada Resources Ltd. would become one of Canada's five largest independent producers and move into North America's Top 10 ...

NEWSWELL
 
FROM THE EDITOR-IN-CHIEF
TO THE PRESIDENT

Sir, we are in deep trouble. In a land of plenty, we are starving for energy. High oil and gas ...

COMPLETIONS
THE STORY

Editor Leslie Haines has been arranging this month's cover story, "Poland," for at least three years, since first learning of ...

TRENDS AND ANALYSIS
The Meridian Resource Corp. (NYSE-TMR)

"We are maintaining our Strong Buy on the shares of Meridian Resource, with a 12-month target of $9," says Joseph ...

UTI Energy Corp. (AMEX-UTI)

"As the land-drilling sector reaches replacement-cost pricing-an achievement that could happened in as little as 12 to 18 months-we believe ...

E&P MOMENTUM
EXPLORATION HIGHLIGHTS
NORTHEAST/SOUTHEAST

1 New exploration set for Illinois includes a pair of wildcats staked by Great Plains Illini LLC, Littleton, Colo., in ...

GULF COAST

1 An 18,000-ft. deeper-pool wildcat has been staked by Coastal Oil & Gas Corp., Houston, in the Thomaston Field area ...

MIDCONTINENT & PERMIAN BASIN

1 A shallower-pool discovery made by Anadarko Petroleum Corp., Houston, in Kansas' Arkalon Northwest Field flowed 353 bbl. of oil, ...

WESTERN U.S.

1 Tom Brown Inc., Denver, has run pipe to a total depth of 4,140 ft. for a completion attempt in ...

INTERNATIONAL HIGHLIGHTS

Activity in the North Sea is picking up nicely. Calgary-based Talisman Energy Inc. reports an oil discovery near Clyde Field. ...

NEW FINANCINGS
EQUITY

ATP Oil & Gas Corp. (to be NYSE: ATP), Houston, registered a $172.5-million initial public offering of common stock with ...

DEBT

FleetBoston Financial's energy and utilities group arranged a $1-billion revolving credit facility for Tosco Corp. (NYSE: TOS), Old Greenwich, Conn., ...

COMPANY BRIEFS
Chevron, Texaco to form world's fourth-largest oil

More than a year after failed merger negotiations, Chevron Corp. is buying Texaco Inc. after all, for stock and the ...

Apache, Shell join to buy New Zealand firm's assets

Shell Overseas Holdings is joining Apache Corp. in a $600-million purchase of New Zealand independent Fletcher Challenge Energy's assets in ...

Shell, Texaco pursuing fuel-cell development

Technology subsidiaries of two multinational oil companies are forming joint ventures to pursue fuel-cell product development. Shell Hydrogen U.S., a ...

Marathon consolidating its upstream operations

Marathon Oil Co. intends to consolidate parts of its U.S. upstream organization to create a more focused, profitable and efficient ...

U.S. briefs...

• BP has completed the purchase of Vastar Resources Inc., Houston, following a favorable vote by Vastar's minority shareholders to ...

Canadian briefs...

• Gulf Canada Resources Ltd., Calgary, is buying Crestar Energy Inc. in a C$1.15-billion cash-and-stock deal that will create one ...

E-commerce briefs...

• IndigoPool.com, a Schlumberger company, and Waterous & Co., the global investment banker in oil and gas divestments, have agreed ...

International briefs...

• Forest Oil Corp., Denver, and partner, The Anschutz Overseas Corp., via their South African subsidiaries have agreed with Mvelaphanda ...

ON THE MONEY
CAPITAL MARKETS ATTRACTIVE

A year ago, Wall Street investment bankers told Oil and Gas Investor that the public capital markets for E&P and ...

EDITORS COMMENT
HEADLINES
COMPANIES IN THIS ISSUE
Companies in This Issue

389588 Alberta Ltd. 108 Abarta Oil & Gas Co. Inc. 84 ABB Lummus Global 99 Abrams Centre National Bank 27 Abraxas Petroleum Corp. 91 Advanced ...



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