|
Some trillions of cubic feet of gas have been produced from the shallow waters of the Gulf of Mexico since FEATURES
SETTING SAIL
Imagine taking the field in the Super Bowl with a 21-point lead, even before the first tick of the game ...
THE SMALL LOAN
The same merger trend that has spawned supermajor oils has prompted a consolidation of financial institutions, which threatens to reduce ...
CASPIAN GEOPOLITICS
In The World is Not Enough, James Bond races to the Azeri oil fields to protect a crude oil pipeline ...
SPEAKING OF STOCK VALUE
For months now, the traditional relationship between commodity price moves and energy equities has defied logic and expectations. Even as ... NEWSWELL
|
FROM THE EDITOR-IN-CHIEF
BUZZ OF THE KILLER BEES
The new millennium really is here. In the first two weeks of the new year, nearly every meeting I attended, ... COMPLETIONS
MAKING HISTORY
While New Englanders were burning heating oil-and lots of money-in midwinter, consumers of natural-gas heating were enjoying relatively stable prices. ... TRENDS AND ANALYSIS
Conoco Inc. (NYSE-COCb)
"We are reiterating our Aggressive Buy rating on Conoco's shares, with a 12- to 18-month stock-price objective of $34 per ...
Pride International Inc. (NYSE-PDE)
Pride International offers investors an aggressive play on recovering commodity prices and the resulting rebound in offshore and international onshore ... E&P MOMENTUM
EXPLORATION HIGHLIGHTS
NORTHEAST/SOUTHEAST
1 Little D Drilling, Lawrenceville, Ill., is nearing 2,700 ft. at a Clay County, Ill., deeper-pool test it intends to ...
GULF COAST
1 Coastal Oil & Gas Corp., Houston, is set to drill to a projected depth of 19,400 ft. at the ...
MIDCONTINENT & PERMIAN BASIN
1 A wildcat staked by Murfin Drilling Co. Inc., Wichita, in northern Kansas is scheduled to be drilled to about ...
WESTERN U.S.
1 Two California wildcats have been started and location has been made for a third, reports IHS Energy Group. BTA ...
INTERNATIONAL HIGHLIGHTS
The Caspian Pipeline Consortium has begun laying pipe for the pipeline that will connect western Kazakhstan's Tengiz Field to the ... NEW FINANCINGS
EQUITY
Vista Energy Resources Inc. (Amex: VEI), Midland, Texas, registered with the Securities and Exchange Commission to issue 8,296,123 common shares, ...
DEBT
Renaissance Energy Ltd. (Toronto: RES), Calgary, filed a short-form shelf prospectus with securities regulators in all of Canada's provinces to ... COMPANY BRIEFS
Phillips, Duke to create midstream powerhouse
Phillips Petroleum Co. and Duke Energy Corp. have wowed Wall Street with their plan to merge their midstream natural gas ...
Unocal merging Permian, San Juan assets into Titan
Unocal Corp. is merging its E&P assets in the Permian and San Juan basins with Midland-based Titan Exploration Inc., forming ...
Statoil selling Appalachian E&P gas assets to Equitable
Statoil is selling its Appalachian Basin natural gas E&P subsidiaries to Equitable Resources Inc. for $630 million. The Norwegian national ...
Additional briefs...
Apache Corp., Houston, through wholly owned subsidiary Apache Canada Ltd., has completed the acquisition of producing properties and other ...
International briefs...
Australia's BHP Petroleum is selling its interests in Papua New Guinea to Orogen Minerals for US$130 million, as it ... ON THE MONEY
OPEN SESAME? NOT EXACTLY
A year ago, amid $11 oil prices, Wall Street wasn't too receptive to public equity, convert or high-yield debt deals ... EDITORS COMMENT
HEADLINES
COMPANIES IN THIS ISSUE
Companies in This Issue
3Tec Energy Corp. 70 III Exploration Co. 78 Agip Petroleum Exploration Co. 58 Agip SpA 65 Allegro Development 24 AltaCanada Energy Corp. 70 Amerada Hess Corp. 59 American National Bank 44 American Resources Offshore Inc. 78 Ammonite ... |