Online Tour Subscribe
Magazine - November 2002

Independents throughout the U.S. are rediscovering in the credit markets the truth of an old adage: as one door closes,


FEATURES
BLACK WARRIOR RISING

The Black Warrior is not on the radar screens of many companies, but a small group of firms that have ...

CAPITAL CROSSROADS

On the first anniversary of September 11, the mournful sound of bagpipes at Ground Zero reverberated through the canyons of ...

HOW TO BE AN ATHLETIC BUYER

There's always more to a good deal than meets than eye, buyers, sellers and advisors counseled during a recent industry ...

DAWN OF THE HYDROGEN ECONOMY

In recent months, government and public concern about the availability of oil in the Middle East has intensified because of ...

THIS LAND IS OUR LAND?

From the great gas basins of the Rocky Mountains, to the seaboards of the Atlantic and Pacific coasts, to the ...

NEWSWELL
 
FROM THE EDITOR-IN-CHIEF
BRAINPOWER

The world may be running out of oil-after all, "they" aren't making any more of it, just as they aren't ...

COMPLETIONS
WILL EXXONMOBIL BUY SOME GROWTH?

Producers anxious for ExxonMobil Corp. to begin divesting assets may have to wait a while: the supermajor is having trouble ...

TRENDS AND ANALYSIS
Production growth, low debt drove 2002 E&P stock performance

In a turbulent, recessionary market, most investors have grown more cautious, if not outright skeptical, of corporate performance. The domestic ...

E&P MOMENTUM
EXPLORATION HIGHLIGHTS
INTERNATIONAL HIGHLIGHTS

Exploration offshore Newfoundland took a hit as Husky Energy ended its 2002 exploration program in the Jeanne d'Arc Basin on ...

NORTHEAST/SOUTHEAST

1 Anadarko Petroleum Corp., Houston, plans to drill on a new prospect in the Lloyd Ridge area of the eastern ...

GULF COAST

1 A Kenedy County, Texas, discovery, completed by Abaco Operating LLC, had an initial flow gauge of 5.62 million cu. ...

MIDCONTINENT & PERMIAN BASIN

1 Exploration and development work being carried out by Oil Producers Inc. of Kansas, Wichita, near Coldwater in Kansas' Comanche ...

WESTERN U.S.

1 Tri-Valley Oil & Gas Co., Bakersfield, reports it is commencing operations at the #1-24 Aurora, a wildcat in Section ...

NEW FINANCINGS
New Financings - Equity/Debt table

Equity Company Exchange / Symbol Headquarters Amount Comments PetroChina Co. (NYSE: PTR) Hong Kong US$1.5 billion Plans to issue a domestic bond of US$1.5 billion. Proceeds will fund development ...

COMPANY BRIEFS
Anadarko to expand Wyoming oil operations

Anadarko Petroleum Corp.'s planned purchase of Howell Corp. for approximately $200 million in cash launches an expansion in Anadarko's oil ...

Black Hills expanding in San Juan Basin

Rapid City, S.D.-based utility holding company Black Hills Corp. will buy Mallon Resources Corp. of Denver for $52 million in ...

Additional briefs...

• Key Production Co. Inc., Denver, has merged with Cimarex Energy Co., the exploration and production business of Helmerich & ...

Canadian briefs...

• Pengrowth Corp., Calgary, plans to acquire substantially all of Calpine Corp.'s British Columbia properties for approximately US$248 million in ...

International briefs...

• Kerr-McGee Corp., Oklahoma City, subsidiaries, Kerr-McGee Ecuador Energy Corp. and KM Global Ltd., have sold all Ecuadorean assets to ...

ON THE MONEY
Severed Minerals: A continues issue

The "New West" is an area where retirees, second-home buyers, developers and ranchers own their private slices of heaven, but ...

EDITORS COMMENT
HEADLINES
COMPANIES IN THIS ISSUE


January  |  February  |  March  |  April  |  May  |  June  |  July  |  August  |  September  |  October  |  November  |  December