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Magazine - October 2001

They are dead serious about heavy oil in Alberta. If the current boom in heavy-oil projects is any indication, this


FEATURES
INCREASING EXPOSURE

Every chief executive officer thinks his or her company should justify a cover story in Forbes, Fortune and The Wall ...

MAKING MONEY IN THE MESAVERDE

The Cretaceous Mesaverde is a well-known producing interval in many Rocky Mountain basins. Nevertheless, in Utah's Uinta Basin, it had ...

RENEWABLES: FUTURE SHOCK

The company in the early 1900s that thought it was in the trolley-car business instead of the transportation business isn't ...

OUTPUTTING PROFIT

You know a company is in trouble when people commonly comment, "I thought they'd gone out of business by now." ...

TWO SCOOPS

Three weeks and $8 billion-that's what it took for Devon Energy Corp. to become the largest independent producer of oil ...

TAKING A BREATHER?

The Canadian oil patch in the first half was a smorgasbord of mergers and acquisitions, featuring everything from little appetizers ...

ART OF THE DEAL

Donald Trump may have taken the art of deal-making to new heights during the past three decades. But he has ...

NEWSWELL
 
FROM THE EDITOR-IN-CHIEF
THE FALLOUT ON ENERGY

In the wake of the shock waves emanating from New York and Washington since September 11, everything else seems superfluous ...

COMPLETIONS
WATCH FOR FALLING PRICES

The prices paid for proved Canadian reserves in the first half of this year varied greatly, according to an evaluation ...

TRENDS AND ANALYSIS
Unproved Property Deals, Overall Costs, Climb

It's no secret that capital spending soared in 2000 due to highly favorable commodity prices, which in turn caused year-end ...

E&P MOMENTUM
EXPLORATION HIGHLIGHTS
MIDCONTINENT & PERMIAN BASIN

1 Two discoveries made by Wichita independent McCoy Petroleum Corp. in the southwestern Kansas portion of the Hugoton Embayment are ...

NORTHEAST/SOUTHEAST

1 Illinois' Effingham County is scheduled to get two new wildcats, one of which is a 5,100-ft. Ordovician Trenton test ...

GULF COAST

1 An Oligocene discovery completed by U.S. Enercorp LLC, San Antonio, in Kenedy County, Texas, flowed 2.35 million cu. ft. ...

WESTERN U.S.

1 EOG Resources Inc., Houston, has started drilling one new-field wildcat and staked another in Township 26s-24e MD, Kern County, ...

INTERNATIONAL HIGHLIGHTS

Vietnam is enjoying a pair of offshore successes. In the Cuu Long Basin, Conoco Inc. says that its Sutu Den ...

NEW FINANCINGS
New Financings - Equity/Debt table

Equity Company Exchange / Symbol Headquarters Amount Comments Matador Petroleum Corp. (NYSE: MATA) Dallas US$70 million Filed an initial public offering with a maximum offering amount of US$70 million. ...

COMPANY BRIEFS
GlobalSantaFe will be No. 2 offshore driller

Culminating discussions that began soon after their separate spinoffs from Unocal more than 35 years ago, Global Marine Inc. and ...

Questar takes Shenandoah upon lower oil, gas prices

When Questar Corp. agreed to buy Shenandoah Energy Inc. this summer for $406 million in cash and assumed debt, it ...

Enron tries to rebuild stock price in tough market

The formerly high-flying stock of Enron Corp. was dealt a surprise blow with the impromptu resignation of president and chief ...

Additional news

• Devon Energy Corp. plans to buy Mitchell Energy & Development Corp. and Anderson Exploration Ltd. See the story, in ...

ON THE MONEY
A BEARISH FALL

Don't look for a rebound in natural gas prices or gas-weighted E&P stocks any time soon, say several sellside and ...

EDITORS COMMENT
HEADLINES
COMPANIES IN THIS ISSUE
Companies in This Issue

3Tec Energy Corp. 28 A.G. Edwards & Sons 43 ABB 60 ABN Amro Securities 97 Addison Energy Inc. 44 AEC Oil & Gas 39 Agip 80, 87 Alberta Energy Ltd. 36, 38 Amerada Hess Corp. 15, ...



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