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Alaska's North Slope has been in flux during the past few years. Long-established firms have morphed into new forms, and FEATURES
XTO ENERGY
XTO Energy made its formal debut June 1 as the new corporate moniker for Cross Timbers Oil Co. No new ...
LOOKING FOR A BILLION BARRELS?
It may be conventional wisdom to assume that outstanding oil and gas discoveries can no longer be made anywhere except ...
MEET CALPINE
Armed with the lofty ambition of "Repowering America," Calpine Corp. of San Jose, California, aims to become the nation's largest ...
TESTING TIME
Oilfield service and supply firms have been claiming some of the public-equity pie for themselves, in their initial public offerings ...
SPECIAL DELIVERY
Knowing a little about a lot can take an investor a long way. But knowing a lot about a little ...
GENERATING RETURNS
It is difficult to imagine a less controversial corporate goal than shareholder wealth creation. Nearly all public companies pay at ... NEWSWELL
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FROM THE EDITOR-IN-CHIEF
A FLOOD OF DEALS, DEBATES, DOGMA
In Houston, the energy capital of the world, it's common sport to pontificate, with a somewhat superior eye, on gasoline ... COMPLETIONS
LNG REVISITED
Three years ago, liquefied natural gas turned up in a conversation concerning how Anadarko Petroleum Corp. ended up exploring for ... TRENDS AND ANALYSIS
Producers Revise Their E&P Spending Plans-Upward
The world's oil and gas producers are increasing their 2001 capital budgets beyond the healthy gains they established in December ... E&P MOMENTUM
EXPLORATION HIGHLIGHTS
NORTHEAST/SOUTHEAST
1 State Oil Properties Inc., Newton, Ill., plans to evaluate Silurian at a new wildcat staked in Cumberland County, Ill., ...
GULF COAST
1 A remote wildcat, the #2 San Ambrosia, drilled by Lewis Petroleum Properties Inc. in Webb County, Texas, has been ...
MIDCONTINENT & PERMIAN BASIN
1 John O. Farmer Inc., Russell, Kan., is drilling another wildcat in the company's ongoing southwestern Kansas drilling program. The ...
WESTERN U.S.
1 An extended flow test of a 15-ft. perforated interval in Winters at Woodland, Calif., independent Production Specialties Co.'s #3-26 ...
INTERNATIONAL HIGHLIGHTS
Exploration in New Zealand's Taranaki Basin is hopping, and U.S. firms are in the thick of the action. Houston independent ... NEW FINANCINGS
New Financings - Equity/Debt table
Equity Company Exchange / Symbol Headquarters Amount Comments Statoil ASA NA Oslo, Norway US$3.8 billion The Norwegian government has set June 18 as the target date for listing Statoil ... COMPANY BRIEFS
Westport-Belco combination creates Top 20 independent
Denver's Westport Resources Corp. (NYSE: WRC) will vault into the ranks of the nation's 20 largest independent producers when it ...
Kerr-McGee to diversify portfolio with HS purchase
Oklahoma City-based Kerr-McGee Corp.'s (NYSE: KMG) purchase of Rockies gas producer HS Resources Inc. (NYSE: HSE) will boost its portfolio ...
Conoco Inc. has made a decisive move to expand its upstream portfolio
Conoco Inc. (NYSE: COCA) has made a decisive move to expand its upstream portfolio with a C$9.8-billion (US$6.3-billion) purchase of ...
Pride International Inc. and Marine Drilling Cos. Inc. will merge
Pride International Inc. (NYSE: PDE) and Marine Drilling Cos. Inc. (NYSE: MRL) will merge in an all-stock transaction that would ...
Additional Briefs
Continental Resources Inc., Enid, Okla., plans to acquire the assets of privately owned Farrar Oil Co., Mt. Vernon, Ill. ...
International News
Baytex Energy Ltd., Calgary, has increased its offer to acquire Triumph Energy Corp., Calgary, from C$3.70 to C$4.17 per ... ON THE MONEY
WHERE, OH WHERE WILL THE GAS LINE GO?
Alaska's North Slope bursts with tremendous stores of natural gas. The amount is prodigious: North Slope fields contain about 35 ... EDITORS COMMENT
HEADLINES
COMPANIES IN THIS ISSUE
Companies in This Issue
A.G Edwards & Sons 27, 95 Agip 83 Alberta Energy 39 Amerada Hess 11, 71, 83 Amoco 64 Anadarko Petroleum Corp. 4 Anadarko Petroleum Corp. 9, 16, 35, 65, 68, 76, 84, ... |
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