Online Tour Subscribe
Magazine - May 2002

At the mouth of the Mississippi River, 90 miles south of New Orleans, the muddy color of this mighty, snaking,


FEATURES
JUST BUY IT

Reaching into its famously deep pockets, Royal Dutch/Shell's plan to acquire the U.K.'s biggest-and only remaining large-independent, Enterprise Oil Plc, ...

ARE YOU READY FOR A CRISIS?

"We have a problem." No other words have such power to send a shiver up the spine of a manager. ...

WHAT'S IN THE INSTITUTIONAL PORTFOLIO?

2001 was a good year for U.S. independent producers. Despite a fairly steady drop in oil and, especially, North American ...

SEISMIC IN THE 21ST CENTURY

People in the oil and gas industry constantly strive to improve exploration and development success rates, and one of the ...

NEWSWELL
 
FROM THE EDITOR-IN-CHIEF
IT'S TIME, AMERICA: GET REAL

It's all over but the shouting. There will be no drilling in ANWR, U.S. production declines will keep worsening and ...

COMPLETIONS
MAJOR BITES INDEPENDENT

Dutch/Shell hopes to buy the additional production growth it has found elusive recently: output will Royal increase 6% with the ...

TRENDS AND ANALYSIS
Low Drillbit Costs Kept Finding Costs Low

Evergreen Resources Inc., one of the coalbed-methane specialists in the Rocky Mountain region, held onto its position as the independent ...

E&P MOMENTUM
EXPLORATION HIGHLIGHTS
NEW FINANCINGS
New Financings - Equity/Debt table

Equity Company Exchange / Symbol Headquarters Amount Comments GulfMark Offshore Inc. (Nasdaq: GMRK) Houston US$53.1 million Sold 1.5 million common shares for US$35.40 each. GulfMark offered an additional 225,000 ...

COMPANY BRIEFS
Australia's Santos gains additional U.S. assets

Santos Ltd. (Nasdaq: STOXY) is continuing its significant U.S. growth, with plans to acquire Houston independent Esenjay Exploration Inc. (Nasdaq: ...

T. Boone Pickens reappears onoil-consolidation scene

He's back. Some 20 years after shaking up several major oil companies with unsolicited acquisition offers, T. Boone Pickens Jr. ...

Halliburton to separate oil, engineering businesses

Halliburton Co. (NYSE: HAL) plans to split its oil-service group and its engineering and construction group into separate, wholly owned ...

Additional briefs...

• Magnum Hunter Resources Inc., Irving, Texas, and Prize Energy Corp. have merged, and now have an enterprise value of ...

Canadian news...

• NCE Petrofund Corp., Toronto, plans to acquire producing properties in central Alberta from a Canadian company for C$40.2 million. ...

International news...

• Royal Dutch/Shell, The Hague, The Netherlands, plans to buy London-based independent Enterprise Oil Plc for cash and notes, at ...

Capital providers

• J.M Huber Corp. has formed a producer-finance and risk-management business unit based in Houston. David Pruner, formerly of Enron ...

ON THE MONEY
WYOMING'S DARBY THRUST

A well-worn play is attracting a fresh look, thanks to the efforts of a small Denver independent. In ...

EDITORS COMMENT
HEADLINES
COMPANIES IN THIS ISSUE


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