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Ten years ago, Los Angeles-based Occidental Petroleum may have been far too many things to too many people to be FEATURES
RUSSIA
After a decade of plummeting production, privatization in fits and starts, and shifting tax and legal codes, the Russian oil ...
READYING FOR THE NEXT BOOM
Bill Stewart, president and chief executive officer of BJ Services Co., is among service-company leaders who are looking for signs ...
BUYSIDERS STRESS THE BOTTOM LINE
There has been a sea change in the approach of oil and gas presenters at energy conferences this year, and ...
NEW FROM WESTERN CANADA
The Canadian Association of Petroleum Producers' (CAPP) annual investment symposium this year was surprising only for its lack of surprises. ...
LISTEN, LEARN, RETAIN
With volatility in the stock market, the unease following the Enron debacle and capital budgets under fire, it is critical ...
MOVING MORE ROCKIES GAS
While we ponder the volatility the natural gas industry has seen during the last two years-the PG&E and Enron bankruptcies, ... NEWSWELL
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FROM THE EDITOR-IN-CHIEF
REVERSAL OF FORTUNE
Events during the past year have painfully reminded us that individuals, companies and entire industries can quickly suffer new lows ... COMPLETIONS
HEARD AT THE CREDIT-RATING TABLE
Sam Smith's meeting with rating-agency representatives recently wasn't his first time at that table. But it was his first time ... TRENDS AND ANALYSIS
Should large-cap E&Ps woo institutions or retail investors?
The type of institutional investment affects volume in E&P stocks. Historically, lower trading volume coincides with lower investment from so-called ... E&P MOMENTUM
LEASING & PERMITTING DATA
Uintah County, Utah, established on February 18, 1880, is in the central portion of the Uintah Basin. The county has ... EXPLORATION HIGHLIGHTS
INTERNATIONAL HIGHLIGHTS
Calgary-based EnCana Corp. has completed a successful appraisal program on its June 2001 Buzzard discovery in the U.K. North Sea ...
NORTHEAST/SOUTHEAST
1 Denver independent Duncan Oil Inc. is set to drill the #1 State-Deep River & Zygiel, a scheduled 4,750-ft. wildcat ...
GULF COAST
1 United Oil & Minerals Inc., Austin, tested a discovery in Zapata County, Texas, flowing 2.3 million cu. ft. of ...
MIDCONTINENT & PERMIAN BASIN
1 A three-well drilling program scheduled by John O. Farmer Inc., Russell, Kan., is set to get under way near ...
WESTERN U.S.
1 Tri-Valley Oil & Gas Co., Bakersfield, Calif., set pipe at 4,010 ft. and is waiting on completion tools at ... NEW FINANCINGS
New Financings - Equity/Debt table
Equity Company Exchange / Symbol Headquarters Amount Comments Petrobras (NYSE: PBR) Rio de Janeiro US$1.5 billion Plans to issue up to US$1.5 billion in units, consisting of 1 billion ... COMPANY BRIEFS
Marathon to boost E.G holdings in Globex deal
Marathon Oil Corp., Houston, (NYSE: MRO) will strengthen its presence offshore Equatorial Guinea with the purchase of privately held Houston-based ...
Plains Resources split may occur in first-quarter 2003
Houston-based upstream and midstream operator Plains Resources Inc. (NYSE: PLX) will separate into two companies in a series of moves, ...
Additional briefs...
Contango Oil & Gas Co., Houston, has acquired additional south Texas assets for $2.6 million. The assets contain proved ...
Canadian briefs...
Cequel Energy, Calgary, plans to acquire certain producing properties in the Gold Creek and Karr areas of northwest Alberta ...
Capital providers . . .
Philip B. Smith, who was chairman and chief executive officer of Prize Energy Corp. before it was acquired by ...
International briefs...
Conoco Inc., Houston, plans to sell some of its U.K. interests in the Atlantic Ocean and the North Sea ...
Greka gains California production in revamp
Greka Energy Corp., New York City, (Nasdaq: GRKA) has privately placed $30 million of secured debt with institutional investors as ...
Deal with Williams E&P adds to Cal Dive production
Oil-service firm Cal Dive International Inc., Houston, (Nasdaq: CDIS) E&P subsidiary Energy Resource Technology Inc. (ERT) has acquired Gulf of ... ON THE MONEY
ROCKY MOUNTAIN HIGH
In the 19th century, prospectors swarmed over the Rockies, panning or mining for gold. Today, different kinds of prospectors are ... EDITORS COMMENT
HEADLINES
COMPANIES IN THIS ISSUE
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