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The earthquake of consolidation continued to topple household names in the Canadian oil patch in the second half of 2001 FEATURES
PRESERVING BRAIN POWER
Today oil and gas companies face two significant challenges that underscore the need to manage knowledge-an asset that people now ...
NEW ZEALAND
If an independent producer is looking for a relatively hassle-free international experience, it would do well to investigate exploration opportunities ...
THE VIEW FROM OPEC
There are few high-visibility people in the world whose words can-and often do-move markets. Alan Greenspan, chairman of the U.S. ...
CBM IN THE PICEANCE BASIN
One of the defining characteristics of coalbed-methane plays is that they refuse to behave as a group. Coal seams in ...
KEEPING IN STEP
The adage is all too familiar: if the shoe fits, wear it. But what happens when the foot keeps getting ...
GREENER WATERS
There are 2,511 identified pending, probable and possible subsea production wells forecast (base case) worldwide during the next six years. ...
THE TRUE SOURCE OF OUR OIL
Astute energy industry observers have often noted that the preponderance of the world's oil reserves still lie in the Middle ...
THE NEXT TO FALL
When you're on top of the heap, you've got it all, right? Wrong. One of the surprising things about supermajors ...
MASTERS OF RISK
For someone who once made his living shouting and waving his hands in other people's faces, J. Robert (Bo) Collins, ...
ALIVE AND PRODUCING
Mention oil and gas partnerships to almost anyone in the investment or energy business and a frown appears. This segment ... NEWSWELL
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FROM THE EDITOR-IN-CHIEF
THEY'RE DANCING
Tightening the screws. Getting squared away. Toeing the line. Asking for letters of credit. Back to basics. Get it? The ... COMPLETIONS
A NEARLY DEBT-FREE INDEPENDENT
Cimarex Energy Co. will not have any debt when it is formed in the spin-off of Helmerich & Payne Inc.'s ... TRENDS AND ANALYSIS
Is the Bull Market for Natural Gas Too Good to be True?
At press time, the price of natural gas on the New York Mercantile Exchange had topped the important psychological barrier ... E&P MOMENTUM
EXPLORATION HIGHLIGHTS
NORTHEAST/SOUTHEAST
1 Young Oil Corp., Knob Lick, Ky., reports it has brought in a third high-flowing Mississippian Fort Payne Reef oil ...
GULF COAST
1 ExxonMobil Corp. has completed a producer in Baffin Bay Field, Kenedy County, Texas, flowing 38.961 million cu. ft. of ...
MIDCONTINENT & PERMIAN BASIN
1 A stepout from the now abandoned 1967 discovery of Wolgamott Field in Barber County, Kan., has been completed by ...
WESTERN U.S.
1 Ivanhoe Energy Inc., Bakersfield, provides an update on the Aera Energy LLC #1-22 NWLH that's being drilled in Section ...
INTERNATIONAL HIGHLIGHTS
In 2000, Corridor Resources drilled an onshore New Brunswick tight-gas-sand discovery, the McCully #1, that attracted wide industry attention, reports ... NEW FINANCINGS
New Financings - Equity/Debt table
Equity Company Exchange / Symbol Headquarters Amount Comments PetroQuest Energy Inc. (Nasdaq: PQUE) Lafayette, La. US$19.8 million Issued 4.5 million of its shares at US$4.40 each. The proceeds will ... COMPANY BRIEFS
H&P's E&P business, Key to form Cimarex Energy
Driller Helmerich & Payne Inc., Tulsa, (NYSE: HP) will spin off its exploration and production division as Cimarex Energy Co., ...
BJ Services adding Osca to its offerings
BJ Services Co., Houston, (NYSE: BJS) plans to buy Osca Inc., Lafayette, La., (Nasdaq: OSCA) for $28 per share, or ...
Additional briefs...
Devon Energy Corp., Oklahoma City, has acquired Mitchell Energy & Development Corp., The Woodlands, Texas, for 0.585 share of ...
Canadian news...
Bonterra Energy Income Trust, Calgary, and Comstate Resources Income Trust have merged. The combined trust has established reserves of ...
International news...
Benton Oil and Gas Co., Houston, will sell its 68% interest in Arctic Gas Co. to a nominee of ... ON THE MONEY
RESTORING ANALYST INDEPENDENCE
It's hard to believe. Last October, some prominent energy analysts at bulge-bracket firms actually had Buy or Market Perform ratings ... EDITORS COMMENT
HEADLINES
COMPANIES IN THIS ISSUE
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