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Magazine - November 2003

A discussion of infrastructure in the Gulf of Mexico doesn't sound exciting compared with billion-barrel discoveries or thrilling technologies that


FEATURES
DOORWAYS TO DOLLARS

Emerging upstream players have open to them today more doorways to private capital than at any time in recent memory, ...

STEERING FROM THE OFFICE

A few years back, the Gas Research Institute (now the Gas Technology Institute) released a major study of oil and ...

STRIKING WHILE THE IRON IS COLD

Amid so much political, social and economic upheaval in Venezuela during the past year, most oil and gas companies and ...

BUYING AND SELLING

Being a successful acquirer in today's highly competitive North American marketplace can be helped by paying the most money, having ...

CO2 FLOODING

For those who can afford to play the game, great opportunities exist in enhanced oil recovery through CO2 flooding. CO2 ...

NEWSWELL
 
FROM THE EDITOR-IN-CHIEF
OIL ANNIVERSARIES

This year there are a number of anniversaries worth noting. One is the 70th anniversary of the formation of Saudi ...

COMPLETIONS
CHEAP ENERGY

Heard from Washington the other day. Apparently we're all supposed to drive a Prius. Of course, the emissary himself doesn't ...

TRENDS AND ANALYSIS
New NPC Report on U.S. Gas Markets Calls For Tremendous Spending

The National Petroleum Council notes much has changed in U.S. gas markets since its last study in 1999, especially in ...

E&P MOMENTUM
The Beaufort Sea Beckons once again

Exploration is slowly returning to the arctic waters of the Beaufort Sea, offshore both the Northwest Territories and Alaska. On the ...

EXPLORATION HIGHLIGHTS
EASTERN U.S.

1 Rulexco Inc., Dallas, has permitted its third wildcat to the Amos formation at 2,000 ft. in Baldwin County, Ala. ...

MIDCONTINENT & PERMIAN BASIN

1 Wichita, Kan., independent Coral Coast Petroleum is permitting a remote Mississippian wildcat in the Hugoton Embayment to 5,600 ft. ...

GULF COAST

1 Operators are drilling a pair of wildcats in Red River County in East Texas. Dallas independent 1STF America LLC ...

WESTERN U.S.

1 Venoco Inc., Carpenteria, Calif., drilled a discovery at its #14-1 Bonaire in Section 14-18n-1w, Glenn County, Calif. The 5,860-ft. ...

INTERNATIONAL HIGHLIGHTS

A new field containing 14.8 trillion cubic feet (Tcf) of gas is the biggest ever found in Brazil and one ...

NEW FINANCINGS
New Financings - Equity/Debt table

Equity Company Exchange / Symbol Headquarters Amount Comments EnerVest Management Partners Ltd. NA Houston US$250 million Closed its ninth oil and gas institutional fun for acquisition and development of ...

COMPANY BRIEFS
El Paso gets drilling funds in deal with Nabors, Lehman

El Paso Corp. has arranged a $500-million drilling joint venture with drilling company Nabors Industries Ltd. and investment banker Lehman ...

Nuevo turnaround takes hold

Under new chairman, president and chief executive officer James L. Payne, Nuevo Energy Co. has made significant strides in the ...

Schlumberger will be a pure play again, post-Sema

Schlumberger Ltd. is morphing back into a pure oilfield-service play through its $1.5-billion agreement to sell most of its Sema ...

Additional news

• Robert W. Oliver and John B. Bissell, formerly president and executive vice president of the onshore subsidiaries of EEX ...

U.S. E&P M&A

• Merit Energy Co., Dallas, plans to buy the Michigan exploration and production business of Shell Exploration & Production Co., ...

Canadian E&P M&A

• NAL Oil & Gas Trust, Calgary, has acquired 50% of a property in its core southeast Saskatchewan operating area ...

International E&P M&A

• Yukos Oil Co., Moscow, has purchased the Harvest Natural Resources Inc., Houston, 34% interest in Geoilbent LLC for $69.5 ...

ON THE MONEY
FILLING THE VOID

The energy-financing vacuum created last year by the exodus of Aquila Energy Capital, Duke Capital Partners, Shell Capital and Mirant ...

EDITORS COMMENT
HEADLINES
COMPANIES IN THIS ISSUE
Companies in This Issue

3Tec Energy Corp. 61 Advantage Energy Services Ltd. 84 Agip 38, 75 Akin Gump 18 Allegheny Enterprises Inc. 67 American Shuttle Tankers 40 Anadarko Basin Production Service Co. 70 Anadarko Petroleum ...



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