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Magazine - June 2003

Another natural gas discovery has just been made on the Mackenzie Delta, joining a sizeable find made a year ago.


FEATURES
CASHING OUT

When Jeff Voncannon formed an E&P company in 1992 at the age of 30 with $1,000, a card table, phone ...

INTELLIGENT WELL COMPLETION

The industry generally recognizes the definition of an intelligent completion, as described at the 2001 Society of Petroleum Engineers forum ...

AT WHAT PRICE MIDCONTINENT GAS?

A joke in the industry these days has a producer saying he's selling his assets to Chesapeake Energy Corp.-no matter ...

SOUTH AMERICA

Recently, there have been political and economic crises in Venezuela, Argentina, Brazil and Ecuador. But in the opinion of many ...

ROYALTY TRUSTS

The royalty trust business structure is poised to offer unique options to North American oil and gas producers in their ...

NEWSWELL
 
FROM THE EDITOR-IN-CHIEF
IS AN EXPLORATION

That seems like a bold question, doesn't it? But wherever I go lately, people from every sector of the business-E&P ...

COMPLETIONS
HOVERING

North Sea helicopter operators are among oilfield-service companies looking forward to a regime change in the area's E&P business, besides ...

TRENDS AND ANALYSIS
U.S., overseas assets fetch higher prices; Canadian asset values remain same

First-quarter U.S. upstream acquisitions cost more than they have in several previous quarters. The 37 deal announcements during the period-totaling $6.6 ...

E&P MOMENTUM
EXPLORATION HIGHLIGHTS
INTERNATIONAL HIGHLIGHTS

Ireland is enjoying its busiest drilling season in 25 years, says the Irish Offshore Operators Association. It expects as many ...

EASTERN U.S.

1 Anadarko Petroleum Corp., Houston, is drilling near the border between the east and central Gulf of Mexico in an ...

GULF COAST

1 Stroud Petroleum Inc., Shreveport, La., has completed a discovery in Upshur County, East Texas, (RRC 6) for 40 bbl. ...

MIDCONTINENT & PERMIAN BASIN

1 Oxy USA Inc., Los Angeles, picked up permits to drill two new Hugoton Embayment wildcats, both within 15 miles ...

WESTERN U.S.

1 Hamar Associates LLC, Ojai, Calif., has staked a location for its #1-10 Santiago wildcat in Kern County, Calif. The ...

NEW FINANCINGS
New Financings - Equity/Debt table

Equity Company Exchange / Symbol Headquarters Amount Comments APF Energy Trust (Toronto: AY) Calgary C$55.1 million Issued 5.3 million trust units at C$10.40 each. Scotia Capital was the underwriter. Pan-Global ...

COMPANY BRIEFS
Yukos, Sibneft to merge; Marathon buying KMOC

Russian oil firms Yukos and Sibneft have agreed to merge, creating an entity that will surpass Lukoil to become the ...

Additional Briefs

• David Dunton and John Davis have formed Alpine Gas Co. LLC, Dallas, with a focus on the Midcontinent and ...

U.S. M&A News

• XTO Energy Inc., Fort Worth, Texas, plans to acquire gas properties in Kansas, Colorado and New Mexico from The ...

Canadian M&A news

• ARC Energy Trust, Calgary, plans to acquire privately held Star Oil & Gas Ltd., Calgary, for C$710 million in ...

International M&A

• Kerr-McGee Corp., Oklahoma City, sold its interests in Kazakhstan to Shell for $165 million. The assets include 50% interest ...

ON THE MONEY
M&A: DEAL-FLOW ENGINE

Some of the nation's top money-center banks point out that 2002 was an absolutely anemic year for financing oil and ...

EDITORS COMMENT
HEADLINES
COMPANIES IN THIS ISSUE
Companies in This Issue

3Tec Energy Corp. 60 Aboriginal Pipeline Group 31 Akita Drilling Ltd. 27 Akita/Equtak Drilling 27 Alpine Gas Co. LLC 67 AltaGas Services Inc. 27 Amerada Hess Corp. 9, 74 American Energy Operations Inc. 71 Anadarko Petroleum ...



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