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Magazine - June 2000

Consider this anomaly: West Texas Intermediate (WTI) crude oil prices have been trading in the US$25 to $26 range; natural


FEATURES
THREE YARDS AND A CLOUD OF DUST

What the typical lay person doesn't realize, and the trigger-happy high-tech investor forgets, is that money can still be made ...

PURSUING THE 800-POUND GORILLA

Working with a private capital source can feel difficult to an independent producer. At the Independent Petroleum Association of America's ...

THE MAVERICK BASIN

The Maverick Basin has long been an enigma. While the 4,500-square-mile sedimentary basin apparently contains all the requisite elements for ...

WHY CARE ABOUT E-OIL?

If one owns-or contemplates owning-an oil-related stock, one needs to know what these companies are doing to address the highly ...

NEWSWELL
 
FROM THE EDITOR-IN-CHIEF
NO COLD SHOULDER

As I write this on a balmy day in May, the Northeast independent power system operator has asked all consumers ...

COMPLETIONS
UNRESTIVE

In our April issue, Canadian financiers and M&A advisors talked about the lull in deal activity that had fallen upon ...

TRENDS AND ANALYSIS
Occidental Petroleum (NYSE-OXY)

"We recommend the purchase of Occidental shares based on the prospect of significantly higher oil, gas and chemical earnings during ...

Talisman Energy Inc. (NYSE, TSE-TLM)

"We believe that Talisman Energy is positioned for a blowout year in 2000-given its highly visible production gains in the ...

E&P MOMENTUM
EXPLORATION HIGHLIGHTS
NORTHEAST/SOUTHEAST

1 Formations through Ordovician Trenton are to be evaluated at the #2 Jurgens, a remote wildcat staked by Frontier Exploration ...

GULF COAST

1 Esenjay Exploration Inc., Houston, reports its #1 Crocker-Perkins, a discovery near Mikeska Field in Texas' Live Oak County, was ...

MIDCONTINENT & PERMIAN BASIN

1 New exploration planned for Kansas includes two wildcats staked by Colorado operators, reports IHS Energy Group. A Comanche County ...

WESTERN U.S.

1 PYR Energy Corp., Denver, reports Berkley Petroleum Corp. penetrated 2,474 ft. of Miocene Temblor objective, with a net sand ...

INTERNATIONAL HIGHLIGHTS

Ardmore, Oklahoma-based Noble Affiliates Inc. has confirmed the discovery of a significant natural gas field offshore Israel in its Ashqelon ...

NEW FINANCINGS
EQUITY

Grey Wolf Inc. (Amex: GW), Houston, offered 13 million common shares at a net price of $4 per share. Johnson ...

DEBT

Pioneer Natural Resources Co. (NYSE: PXD), Dallas, sold $425 million of 10-year unsecured senior notes, with a coupon rate of ...

COMPANY BRIEFS
Canada's Alberta Energy buys Wyoming's Jonah Field

Alberta Energy Co. Ltd. increased its North American natural gas reserves to 5.4 trillion cubic feet when its AEC Oil ...

Additional briefs

Ulster Petroleums Ltd., Calgary, will be taken over by Anderson Exploration Ltd., Calgary, for C$647 million consisting of C$543 million ...

International Briefs

• Amerada Hess Corp., New York, has acquired the El Gassi, El Agreb and Zotti fields from the Algerian state ...

E-commerce briefs...

• EnergyPrism.com Inc., a business-to-business e-commerce company focusing on the global energy industry, has formed eight new business-to-business e-commerce marketplaces. ...

ON THE MONEY
AT LOGGERHEADS IN LA PLATA COUNTY

For quite a few people, Colorado's La Plata County is their own little patch of heaven. Urban refugees and retirees ...

EDITORS COMMENT
HEADLINES
COMPANIES IN THIS ISSUE
Companies in This Issue

3Tec Energy Corp. 89 A.G. Edwards 26 Abraxas Petroleum 35,72, 91 Adair International Oil & Gas Inc. 75 AEC 10, 11 AEC Oil & Gas ...



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