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Its rugged mountain peaks and vast, lake-dotted, glacial plains are remote and forbidding and the winters, long and harsh. Here, FEATURES
SEEKING THE UNDERVALUED STARS
In April, portfolio analyst Jason B. Selch traveled to western Siberia to personally check on a private investment made by ...
BETTER HELP WANTED
In today's energy industry, college degrees or years of on-the-job experience are no longer the last word in expertise; it ...
THE JAMES LIME
Last year, the Lower Cretaceous James Lime play on the Sabine Uplift was sizzling. Such well-known companies as Marathon Oil, ...
HOW TO IMPRESS WALL STREET
Many studies or articles have been published during the last few years that claim E&P merger and acquisition transactions fail ...
ALL PUMPED UP
While inflation-adjusted gasoline prices may not reach the all-time record highs of 20 years ago, consumers are likely to chafe ...
CLOSING THE CREDIBILITY GAP
The oil and gas industry, and the exploration and production sector in particular, has been blessed by the significant strength ...
AIMING FOR PERMIAN POWER
Consider the Permian Basin, a noteworthy petroleum province for several reasons. First, more than 100,000 wells here produce in aggregate ...
FREE AT LAST
Nineteen years after it became part of U.S. Steel Corp. to ward off Mobil Oil's unsolicited takeover attempt, Marathon Oil ... NEWSWELL
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FROM THE EDITOR-IN-CHIEF
BTU AS BARGAINING CHIPS
During this long hot summer, the fun begins. The U.S. gets to decide how it weighs a complex ratio of ... COMPLETIONS
SHELL AND U.S. NATURAL GAS
A look at Royal Dutch/Shell's first-quarter results helps clarify its interest in returning to the business of growing U.S. natural ... TRENDS AND ANALYSIS
IPAA: Domestic gas, oil demand to continue to outstrip U.S. production
U.S. natural gas demand is expected to increase steadily, reaching 25.4 trillion cubic feet (Tcf) per year by 2004 and ... E&P MOMENTUM
EXPLORATION HIGHLIGHTS
NORTHEAST/SOUTHEAST
1 Hopper Resources Inc. , Evansville, pumped 214 bbl. of oil per day, with a trace of water, ...
GULF COAST
1 Gas flow rate was 17.6 million cu. ft. per day on a 22/64-in. choke at the #2 Pereira Children's ...
MIDCONTINENT & PERMIAN BASIN
1 R.E. Blaik Inc. , Oklahoma City, is moving in rotary tools to drill the #1-4 Comstock, a wildcat in ...
WESTERN U.S.
1 Hallador Petroleum Co. , Denver, reports its #41-5 Cox Federal, Section 5-9n-26w SB, Santa Barbara County, Calif., is a ...
INTERNATIONAL HIGHLIGHTS
Oklahoma City-based Devon Energy, through its Canadian subsidiary Northstar Energy, has assumed the lead role in exploring onshore Nova Scotia, ... NEW FINANCINGS
New Financings - Equity/Debt table
Equity Company Exchange / Symbol Headquarters Amount Comments Hanover Compressor Co. (NYSE: HC) Houston US$88 million Sold 2.5 million common shares ... COMPANY BRIEFS
Williams wins Barrett Resources
In a dramatic illustration of just how important natural gas reserves are to power generators, The Williams Cos. Inc. ...
Ocean Energy's Flores to lead Plains Resources
Plains Resources Inc. will sell a portion of its interest in Plains All American Pipeline LP to an ...
Additional briefs...
Pure Resources Inc. , Midland, Texas, subsidiary Pure Resources II Inc. plans to acquire Hallwood Energy Corp. , Denver, ...
Canadian briefs...
Talisman Energy Inc., Calgary, plans to acquire Calgary-based Petromet Resources Ltd. at C$13.20 per share, for a ...
International briefs...
Apco Argentina Inc. , Tulsa, and privately held Globex Energy Inc., Dallas, plan to merge, creating an international ... ON THE MONEY
WANT VALUE? LOOK NORTH
To many portfolio managers, the energy equities market may seem oversold. But in the view of several leading North American ... EDITORS COMMENT
HEADLINES
COMPANIES IN THIS ISSUE
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