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Mexico is one of the premier oil-producing countries in the world. Since the beginning of its oil industry in 1904, FEATURES
DOLLARS FOR START-UPS
One of the most important, yet challenging, aspects of starting an E&P company is deciding how best to finance it. ...
LAND DRILLING
Drilling contractors' long-awaited pickup in U.S. drilling activity is now happening, as most observes predicted months ago. Tight natural gas ...
SAO TOME & PRINCIPE
The tiny nation of Sao Tome & Principe-two islands, of which Sao Tome is the farther from the West Africa ...
TRACKING THE MAJORS
By almost any yardstick, fiscal 2000 was a banner year for the top 20 major integrated oils, as ranked by ... NEWSWELL
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FROM THE EDITOR-IN-CHIEF
THIS IS YOUR WAKE UP CALL
High natural gas prices are a Damocles sword hanging over the U.S. economy-and every gas producer. People are studying exactly how ... 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
2003 E&P Spending Plans Grow Among Majors, Independents
Two major E&P midyear surveys show that companies worldwide are planning to spend 5% more in 2003 than in 2002, ... E&P MOMENTUM
LEASING & PERMITTING DATA
After the end of the Civil War, demand grew for kerosene and other petroleum products. At the same time, the ...
LEASING & PERMITTING DATA
At the most recent Wyoming federal lease sale, held by the Bureau of Land Management in April, the two parcels ... EXPLORATION HIGHLIGHTS
EASTERN U.S.
1 Walter Oil & Gas Corp., Houston, set 75/8-in. liner at 22,092 ft. on its Mobile Block 862 wildcat, offshore ...
GULF COAST
1 The Barnett Shale play just keeps growing and EOG Resources Inc. is helping it grow with a wildcat near ...
MIDCONTINENT & PERMIAN BASIN
1 Deep Rock Exploration Inc., Goodland, Kan., tested 17 bbl. of oil an hour on a swab test of its ...
WESTERN U.S.
1 Oxy Resources California LLC, Tupman, Calif., completed an outpost well in Section 27-4n-5e in San Joaquin County, Calif., for ...
INTERNATIONAL HIGHLIGHTS
Dallas-based Toreador Resources has identified six gas prospects in the Turkish sector of the western Black Sea, where it holds ... NEW FINANCINGS
New Financings - Equity/Debt table
Equity Company Exchange / Symbol Headquarters Amount Comments XTO Energy Inc. (NYSE: XTO) Fort Worth, Texas US$258.7 million Issued 13.8 million shares at US$18.75 each. Lehman Brothers and Morgan ... COMPANY BRIEFS
Tom Brown buying Matador
Tom Brown Inc., Denver, (NYSE: TBI) has purchased privately held Matador Petroleum Corp., Dallas, for about $373 million in cash ...
Williams pay off high-interest loan
The Williams Cos. (NYSE: WMB) is repaying the money lent to it by Berkshire Hathaway Inc. ; (NYSE: BRK) last ...
Patterson-UTI to buy TMBR/Sharp Drilling
In continued consolidation of drilling companies, Patterson-UTI Energy Inc. (Nasdaq: PTEN) plans to buy the remaining 80% of TMBR/Sharp Drilling ...
Edge Petroleum buying Miller Exploration
Edge Petroleum Corp. (Nasdaq: EPEX) plans to buy Miller Exploration Co. (Nasdaq: MEXP) in a stock-for-stock merger that values Miller ...
Greka chairman proposes buy-out
Greka Energy Corp. (Nasdaq: GRKA) chairman, chief executive officer and president Randeep S. Grewal is offering to acquire all of ...
U.S. M&A news
Denver-based MarkWest Hydrocarbon Inc. has agreed to sell to XTO Energy Inc. its San Juan Basin properties for about ...
Canadian M&A
Acclaim Energy Trust, Calgary, plans to acquire long-life, high-quality producing properties in west-central Alberta for approximately C$141 million from ...
International M&A
Marathon Oil Corp. plans to sell its 50% equity interest in Clam Petroleum BV in the Netherlands to Burlington ...
E&P Appointments
Sam Laidlaw has been named to the newly created position of executive vice president of business development for ChevronTexaco ... ON THE MONEY
PLENTY OF GAS, BUT IT'S STILL IN THE GROUND
Attendees at the Colorado Oil & Gas Association's annual meeting in Denver in early August were treated to expert viewpoints ... EDITORS COMMENT
HEADLINES
COMPANIES IN THIS ISSUE
Companies in This Issue
A & D Conference 14 A.G. Edwards 4 AAPG 69 Abaco Operation LLC 54 Acclaim Energy Trust 71, 72 Alberta and Southern Gas 72 Alberta Energy 42 Alberta Natural Gas 72 Altira 10 Amado Energy LLC 24 Anadarko Petroleum Corp. 48, ... |
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