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Nova Scotia and Newfoundland are enjoying their most significant period of investment since World War II. The provinces are finally FEATURES
CHANGING HORSES IN MIDSTREAM
Most upstream operators in the Rockies began as pure E&P companies. Today, with an oversupply of natural gas from the ...
SWIMMING TO GROW
Ever since Denver independent Basin Exploration changed its strategy a few years ago, from an onshore hunt for reserves to ...
SEISMIC'S VALLEY OF DESPAIR
Nearly 40 years ago, oil-company scientists began experimenting with a new way of acquiring higher-resolution seismic data using three-dimensional arrays ...
INTEGRATING ANADARKO AND UPR
When Anadarko Petroleum Corp. merged with Union Pacific Resources in July 2000 to form one of the world's largest independents, ...
GREEN POCKETS
Raising private equity in today's market isn't necessarily an Olympic event. But finding such capital and unconflicted advice from some ... NEWSWELL
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FROM THE EDITOR-IN-CHIEF
MANY HAPPY RETURNS
At press time, we were eagerly waiting for the 2003 exploration and production spending outlooks to be released by Lehman ... COMPLETIONS
THE FAT LADY IS WAITING
The turmoil within the energy-trading sector is far from over, and many more assets may be for sale within the ... TRENDS AND ANALYSIS
Executives, Boards Face Tougher Jobs, Post-Enron
The duties of the chief executive officer, chief financial officer and board members-particularly those on the board's audit committee-have grown ... E&P MOMENTUM
EXPLORATION HIGHLIGHTS
INTERNATIONAL HIGHLIGHTS
ExxonMobil Corp. has made another oil discovery on deepwater Block 15, its thirteenth find on the prolific concession offshore Angola. ...
EASTERN U.S.
1 Headington Oil Co. LP, Dallas, is drilling toward a projected depth of 4,400 ft. in Lower Mississippian Warsaw at ...
GULF COAST
1 A Hidalgo County, Texas, Oligocene Vicksburg deeper-pool gas discovery made by College Station, Texas, independent Bexco Operating Inc. yielded ...
MIDCONTINENT & PERMIAN BASIN
1 An indicated discovery drilled by Hess Oil Co. in Ness County, Kan., is pumping oil through perforations at 4,321-22 ...
WESTERN U.S.
1 Northern California's San Joaquin County has a new wildcat under way-the #1 Bingham being drilled by OXY Resources California ... NEW FINANCINGS
New Financings - Equity/Debt table
Equity Company Exchange / Symbol Headquarters Amount Comments Duke Energy Corp. (NYSE: DUK) Charlotte, N.C. US$1 billion Increased its planned public common stock offering to 54.5 million shares from ... COMPANY BRIEFS
El Paso deal is coup for Westport's reserves
Westport Resources Corp. will solidify its position in the Rockies with the purchase of gas-producing properties and some midstream assets ...
Grant Prideco to enter drillbit business
Grant Prideco Inc. will buy Reed-Hycalog from Schlumberger Ltd. for approximately $350 million in cash and stock, adding drillbit technology, ...
NOI will expand with Hydralift
National Oilwell Inc.'s all-cash purchase of Hydralift ASA for $300 million will enhance the company's offshore equipment industry position. National Oilwell, ...
Additional briefs...
NiSource Inc., Merrillville, Ind., is selling Columbia Energy Resources Inc., including Columbia Resources Canada Inc. and its gas exploration ...
Canadian briefs...
Acclaim Energy Trust, Calgary, has acquired Ketch Energy Ltd., Calgary, for 56 million trust units and assumption of approximately ...
International news...
Indo-Pacific Energy Ltd., Wellington, N.Z., was awarded four new exploration permits onshore and offshore Taranaki Basin of New Zealand. ...
Capital-provider news...
Sheree Thompson and Elizabeth Hatcher were appointed directors of Wells Fargo Energy Advisors. Thompson was with Waterous & Co. ... ON THE MONEY
DIVORCE WALL STREET STYLE
In the offices of buysiders, regulators, marketmakers and corporate America, the debate continues: if investor confidence is to be restored ... EDITORS COMMENT
HEADLINES
COMPANIES IN THIS ISSUE
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