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Further solidifying its strength as an upstream company, especially in the international arena, Amerada Hess Corp. plans to buy FEATURES
BANKING ON BJ
Like most of its peers, the stock of BJ Services Co. (NYSE: BJS) recently has suffered somewhat from falling ...
A CANADIAN MAN
In Calgary he's known as Mr. Patient Money, and Murray Edwards certainly has been patient. At age 41, the native ...
RETRO OIL
An uncommon production technique is reawakening central Oklahoma's slumbering oil patch. In 1995, geologist and Oklahoma native David Chernicky began ...
SMALL-CAP ISSUE
Once a company completes an initial public offering, how does it attract investor interest to assure its stock price fully ...
ONE MORE TIME
If at first you succeed, keep using the same business strategy-over and over. This, in substance, is the philosophy that ...
HOUSTON'S FINANCIAL FRATERNITY
During the last 18 months, the mixed signals that have frustrated companies, their lenders and the deal pace could best ...
FRESH CAPITAL
When Jack Parks was first offered several million dollars in private equity for his Houston-based start-up exploration and production company, ... NEWSWELL
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FROM THE EDITOR-IN-CHIEF
TOUGH CHOICES AHEAD
Geez, I think it's over. To get a U.S. energy policy through Congress this year, even a watered-down version, we ... COMPLETIONS
THE HALF-TIME A&D SCORE
Oil industry merger, acquisition and divestment activity never really slows down. The price just changes. Underlying the lulls are the ... TRENDS AND ANALYSIS
BP Outruns the Rest in Ranking of Majors' Performance
Sir John Browne's vision for a world-class supermajor, propelled by synergies and cost-cutting after acquiring Amoco, Arco and Vastar Resources, ... E&P MOMENTUM
EXPLORATION HIGHLIGHTS
NORTHEAST/SOUTHEAST
1 Savoy Energy LP and Savoy Exploration Inc. , both of Traverse City, Mich., have ...
GULF COAST
1 Stone Energy Corp. , Lafayette, La., logged 74 ft. of net pay in two sands at its ...
MIDCONTINENT & PERMIAN BASIN
1 American Warrior Inc. has staked its #2 Randall in Comanche County, Kan., offsetting two indicated discoveries. ...
WESTERN U.S.
1 Key Production Co. , Denver, has staked two wildcats in Glenn County, Calif., reports IHS Energy Group. ...
INTERNATIONAL HIGHLIGHTS
Exploration and appraisal activity in the U.K.'s harsh West of Shetlands offshore sector ought to be rejuvenated by the government's ... NEW FINANCINGS
New Financings - Equity/Debt table
Equity Company Exchange / Symbol Headquarters Amount Comments FMC Technologies (NYSE: FTI) Houston US$221 million Priced its initial public offering of ... COMPANY BRIEFS
Hunt buying Canadian firm for U.S. Gulf assets
Dallas-based Hunt Oil Co.'s US$600-million bid for Canadian independent Chieftain International Inc. (Amex: CID) ...
Harken seeks to focus on its U.S. assets
Harken Energy Corp. (Amex: HEC) is aiming to reduce its international exposure, focusing instead on its U.S. ...
Anadarko adds assets in Middle East to its mix
Anadarko Petroleum Corp. (NYSE: APC) has won in a bid for Gulfstream Resources Canada Ltd. ...
Cabot purchases of Cody increases its gas reserves
Cabot Oil & Gas Corp. (NYSE: COG) is buying Denver-based Cody Co. , the parent ...
Additional briefs...
Denbury Resources Inc., Dallas, plans to acquire privately held Matrix Oil & Gas Inc., ...
Canadian briefs...
El Paso Corp. , Houston, plans to acquire Velvet Exploration Ltd. for C$8.15 per ...
Service & Supply briefs. . .
Core Laboratories , Amsterdam, Netherlands, has acquired privately held Promore Engineering Inc. The combined ... ON THE MONEY
EQUITY GIANT EMERGES
During the past year, there has been a shake-up in the U.S. private equity landscape, and the change could be ... EDITORS COMMENT
HEADLINES
COMPANIES IN THIS ISSUE
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