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Tens of billions of barrels of crude have been coaxed, flowed and pumped for the better part of a century FEATURES
CATCH A RISING STOCK
After a spectacular first-half 2000 rally in upstream oil and gas stocks, which saw the shares of many publicly traded ...
AGENDA CHEVRON
When Dave O'Reilly became chairman and chief executive officer of Chevron Corp. in January, the oil and gas business was ...
THE WILLISTON BASIN
The Williston Basin that western North Dakota and eastern Montana was kick-started in 1951 by Amerada Hess ...
CLEAR-SKY TURBULENCE
"Ladies and gentlemen, this is your captain speaking. I am turning on the fasten-seat-belts sign. We've had some reports of ...
FOLDBELT FEVER
More than 100 miles off the Gulf Coast, in thousands of feet of water, under salt sheets that can be ... NEWSWELL
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FROM THE EDITOR-IN-CHIEF
POWER TO THE PEOPLE
The U.S. natural gas industry has won the battle-let's not lose the war. The industry's growth is real and sustainable, ... COMPLETIONS
NEW PRODUCTION
In the Permian Basin in west Texas and eastern New Mexico, 55% of the Top 20 operators' production has been ... TRENDS AND ANALYSIS
Texaco Inc. (NYSE-TX)
"We are reiterating our Buy rating on Texaco, with a 12- to 18-month stock price objective of $70 per share," ...
Devon Energy Corp. (NYSE-DVN)
"From a strategic standpoint, we believe Devon's acquisition of Santa Fe Snyder makes sense," says William Featherston, senior vice president ... E&P MOMENTUM
EXPLORATION HIGHLIGHTS
NORTHEAST/SOUTHEAST
1 Murvin Oil Co., Olney, Ill., pumped 140 bbl. of oil per day from Mississippian Rosiclare oolitic limestone at the ...
GULF COAST
1 HS Resources Inc., San Francisco, made an Oligocene Hackberry discovery in Chambers County, Texas, that flowed 2.91 million cu. ...
MIDCONTINENT & PERMIAN BASIN
1 Two wildcats that are under way are among several new exploratory tests scheduled in Kansas. IHS Energy Group reports ...
WESTERN U.S.
1 Ivanhoe Energy Inc., Vancouver, says it plans to drill to an approximate depth of 20,000 ft. at the #1 ...
INTERNATIONAL HIGHLIGHTS
Two immense development projects are being tackled in Algeria, both operated by Australian firm Broken Hill Proprietary Co. In the ... NEW FINANCINGS
EQUITY
Westport Resources Corp. (to be "WRC" on the NYSE), Denver, has registered a $100-million initial public offering of common stock ...
DEBT
Weatherford International Inc. (NYSE: WFT), Houston, privately placed $910 million of 20-year zero-coupon senior convertible debt. The oilfield service and ... COMPANY BRIEFS
GOP ticket offers oil allies for White House
Oil and gas interests appear set to gain allies in the executive offices in Washington, D.C., with presidential candidate George ...
Energy Partners, Oil States file for IPOs
New Orleans-based Energy Partners Ltd. has filed for an initial public offering, to raise $125 million. The privately held producer ...
Enterprise enters GoM with R&B Falcon assets
R&B Falcon Corp. retreat from being among service companies with E&P assets proved nifty for U.K.-based Enterprise Oil Plc. Enterprise, the ...
Additional briefs
Apache Corp., Houston, is buying Occidental Petroleum interests on the Outer Continental Shelf of the Gulf of Mexico and ...
E-commerce briefs...
WellBid Inc. and eNersection are merging, and will become Wellogix Inc., which will provide tools for expediting intercompany exchange ...
International briefs...
Ramco Energy Plc, Aberdeen, Scotland, has agreed with Amerada Hess Corp. for the sale of Ramco's 2.0825% carried interest ... ON THE MONEY
CONVERGENCE CONTINUES
A year ago, the cover story of Oil and Gas Investor focused on the hot industry phenomenon of energy convergence. ... EDITORS COMMENT
HEADLINES
COMPANIES IN THIS ISSUE
Companies in This Issue
3Tec Energy Inc. 117 A.G. Edwards & Sons 16, 27 A2D Technologies 32 Abraxas Petroleum Corp. 123 Actrade Capital Inc. 115 Agip 107 Alberta Energy Co. ... |