|
From deep, prolific formations crinkled beneath its massive thrust sheets to thick coal seams layered below its windswept eastern prairies, FEATURES
A NEW POWER IN THE POWDER
Buysiders attending presentations for the first public offering of an E&P company usually expect to hear how an operator plans ...
SEARCHING FOR EXPLORATION SUCCESS
As oil prices stabilize above $20 per barrel, the petroleum industry is once again gearing up for serious exploration. Recent ...
DIGITIZING DECISION-MAKING
In case you haven't noticed, there's been a shift on Wall Street. Investors traditionally favored exploration and production companies boasting ...
POWDER CHECK
In a fitting conclusion to the decade just past, industry conditions at the end of 1999 were worlds apart from ... NEWSWELL
|
FROM THE EDITOR-IN-CHIEF
TRENDS AND TIDBITS
While at press time OPEC was mulling whether to support high oil prices or moderate them, companies in the E&P ... COMPLETIONS
BUMPER
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 Gallagher Drilling Inc., Evansville, gauged an initial flow of 400 bbl. of oil per day at the #1 City ...
GULF COAST
1 The Rodessa Operating #1 DCRC is a Wilcox Hinnant discovery in Duval County, Texas, that initially flowed 2.863 million ...
MIDCONTINENT & PERMIAN BASIN
1 A wildcat scheduled to evaluate formations through Cambrian Reagan, to a depth of about 3,775 ft., is to be ...
WESTERN U.S.
1 Occidental Petroleum Corp. has acquired from Chevron Corp. deep exploration rights in Buena Vista Field adjacent to Occidental's Elk ...
INTERNATIONAL HIGHLIGHTS
Texaco Inc. reports that its Agbami Field, in 4,800 feet of water in blocks 216 and 217 offshore Nigeria, potentially ... NEW FINANCINGS
EQUITY
Kerr-McGee Corp. (NYSE: KMG), Oklahoma City, intends to sell approximately 9 million shares of common stock and $300 million of ...
DEBT
Enogex Inc., Oklahoma City, sold $400 million of 10-year senior unsecured notes with an 8.125% coupon priced to yield 8.194%, ... COMPANY BRIEFS
Coastal, El Paso will be No. 3 gas producer
Coastal Corp. will merge with El Paso Energy Corp. in a $16-billion deal that includes El Paso's assumption of $6 ...
Management in transition at BHI
Frustrated by a continued weak stock price performance and growing concerns with its management, Baker Hughes Inc. directors have appointed ...
Gas convergence leads to two big deals
Dominion Resources Inc., Richmond, Va., and Consolidated Natural Gas Co., Pittsburgh, have merged, creating the largest fully integrated natural gas ...
Additional briefs...
Ocean Energy Inc., Houston, plans to sell all of its interests and assets in its Gulf of Mexico East ...
International briefs...
China National Petroleum Corp. reorganized and changed its name to PetroChina Co. as it prepared for its US$7-billion initial ... ON THE MONEY
KEEP SEATBELTS FASTENED
A year ago, Douglas T. Terreson, the domestic and international oils analyst for Morgan Stanley Dean Witter in Houston, warned, ... EDITORS COMMENT
HEADLINES
COMPANIES IN THIS ISSUE
Companies in This Issue
854139 Alberta Ltd. 95 A.G. Edwards & Sons 42 Agip 80 Alberta Treasury Branches 84 Allegro Development 93 Alma Oil & Gas Ltd. 95 Altura Energy ... |
|
Loading...
|