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Magazine - April 2000

Remember the days when banks were just that-banks? The old regulatory walls separating commercial banks from investment banks have crumbled.


FEATURES
THE OTHER IPO

Among the landmen laid off in the 1980s, Steve Antry turned chaos into opportunity by familiarizing himself with oil and ...

FREE CASH FLOW: BACK TO BASICS

The status quo approach to valuing companies in the E&P sector now needs to be seriously questioned. Many investors are ...

A FULLER DISCLOSURE

Most of the largest publicly traded oil and gas companies in the world are either U.S.-based or maintain large-scale operations ...

A NEW DIMENSION

Describing his appointment as president of Western Geophysical as a homecoming after a stint with Western Atlas Logging Services (now ...

CLEANUP TIME

If the recent condition of North American E&P stocks were a reflection of the economy, American consumers' beloved Alan Greenspan ...

NEWSWELL
 
FROM THE EDITOR-IN-CHIEF
FEELING A BIT DISCONNECTED?

May you live in interesting times, say the Chinese. We certainly are today. This unique business climate, one we have ...

COMPLETIONS
SAME BUSINESS, DIFFERENT DAY

Loans to the oil and gas industry in 1999 totaled $59.2 billion, senior financial editor Brian A. Toal reports, in ...

TRENDS AND ANALYSIS
Genesis Exploration Ltd. (TSE-GEX)

(Note: Dollars amounts in the Genesis Exploration recommendation are Canadian. Recently, US$1 equaled C$1.46) Genesis has achieved exceptional production and reserve ...

Chieftain International Inc. (AMEX-CID)

Chieftain has built one of the top 10 exploration portfolios on the Gulf of Mexico Outer Continental Shelf, despite a ...

E&P MOMENTUM
EXPLORATION HIGHLIGHTS
NORTHEAST/SOUTHEAST

1 Edward C. Koch, Centralia, Ill., plans to drill to 3,900 ft. in Devonian at the newly staked wildcat #1 ...

GULF COAST

1 Coastal Oil & Gas Corp., Houston, is drilling toward a projected depth of 19,400 ft. at its wildcat the ...

MIDCONTINENT & PERMIAN BASIN

1 Pennsylvanian Basal Atoka production in Arkansas' Ludwig Field was extended nearly a mile to the north when Shields Energy ...

WESTERN U.S.

1 PYR Energy Corp., Denver, provides an update on exploratory activity in which it's participating in Kern County, Calif. In ...

INTERNATIONAL HIGHLIGHTS

A group consisting of Argentinean firm Pluspetrol, U.S. independent Hunt Oil Co., and South Korean company SK Corp. won the ...

NEW FINANCINGS
EQUITY

Vision Energy Inc. (Nasdaq: VNRG), Houston, registered an initial public offering of 12,915,000 common shares at $12 to $14 each ...

DEBT

Brigham Exploration Co. (Nasdaq: BEXP), Austin, entered into a series of financing agreements to fund its 2000 capex plans and ...

COMPANY BRIEFS
Occidental buying Altura, selling stake in CanOxy

Occidental Petroleum Corp. expects its $3.6-billion acquisition of Altura Energy Ltd., a partnership owned by BP Amoco Plc and Shell ...

Conoco buying NGL business in Canada

PetroCanada is selling its gas liquids business to Conoco Inc. and its Canadian affiliate. The sale, which is part of ...

Chevron, Phillips form chemicals joint venture

Chevron Corp. and Phillips Petroleum Co. are combining their worldwide chemicals operations in a joint venture. The new company, which ...

Additional briefs

• Newfield Exploration Co. is buying producing gas assets in South Texas from an undisclosed seller for $142 million. The ...

International briefs...

• The merger of Total Fina SA and Elf Aquitaine SA has been approved by the European Union, with divestment ...

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

A.G. Edwards & Sons, Inc. 8 Albrecht & Associates 93 Allegro Development 24 Altra 19 Applied Terravision Systems 117 Bank America 66 Bank Boston 40 Bank of ...



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