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All too often, publicly traded small-cap producers and emerging private E&P companies have a remarkable upstream opportunity presented to them FEATURES
WHAT'S NEXT, MR. INDEPENDENT?
This year, the Independent Petroleum Association of America marks its 75th anniversary. In Houston or Oklahoma City or Lafayette today, ...
PANHANDLE PIZZAZZ
In early September, 48 rigs were working in Texas Railroad Commission District 10, which comprises the 26 counties in the ...
MONITORING THE WELL
Every aspect of oil and gas production today is challenged to improve performance of existing properties while lowering costs of ...
EMBRACING LNG
A few natural gas producers and utility executives still may admit-very privately-that they didn't see a need for more liquefied ...
EXIT HERE
Who wants U.S. assets these days? Everyone-even the sellers. E&P start-up veteran George Solich sold his Midcontinent-, San Juan- ... NEWSWELL
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FROM THE EDITOR-IN-CHIEF
TIPPING POINTS
This fall, we are at the tipping point on a number of important things, the U.S. and Afghan presidential elections ... COMPLETIONS
ANOTHER HUBBERT'S CURVE
M. King Hubbert, the late and much-noted geologist, predicted in 1956 that U.S. oil reserves would peak in the 1970s ... TRENDS AND ANALYSIS
Majors Tighten Reins on Production
As analysts and investors have waited with baited breath to see what the future of commodity prices may hold, the ... E&P MOMENTUM
A MAJOR EXPANSION FOR THE BARNETT SHALE
EOG Resources plans a salient expansion of the Barnett Shale play in North Texas. Several years ago, the Houston independent ... EXPLORATION HIGHLIGHTS
Eastern U.S.
1 Challenger Minerals Inc., Houston, plans to drill its #1 OCS-G-25044 in Mobile Block 988, offshore Alabama. It will drill ...
Gulf Coast
1 Leor Energy LP, Houston, received a permit for the #1 M.L. McCullough in James Farris Survey, A-148 in northeastern ...
Midcontinent and Permian Basin
1 Murfin Drilling Co. Inc., Wichita, Kan., scheduled a 4,700-ft. wildcat in Logan County in northwestern Kansas. The #1-14 Kuhlman-Voth ...
Western U.S.
1 Vintage Petroleum Co. Inc., Tulsa, has staked the #1125 Pleito Ranch new-pool wildcat in Pleito Field in Kern County, ...
International Highlights
Petrobras led the bidding in Brazil's sixth hydrocarbon licensing round. The National Petroleum Agency received a record $216 million in ... NEW FINANCINGS
New Financings - Equity/Debt table
Equity Company Exchange / Symbol Headquarters Amount Comments Chesapeake Energy Corp. NYSE: CHK Oklahoma City US$295 million Sold 20 million common shares at US$14.75 each to finance the purchase ... COMPANY BRIEFS
Apache, Morgan Stanley take Anadarko GOM assets
In another joint venture with Morgan Stanley Capital Group Inc., Houston-based Apache Corp. will gain additional Gulf of Mexico shelf ...
Whiting adds 334 Bcfe in buying spree
Whiting Petroleum Corp., Denver, is adding 333.7 billion cu. ft. equivalent of proved reserves at an average acquisition cost of ...
Pogo, Bill Barrett take Calpine's U.S. assets
Sources report Houston-based Pogo Producing Co. is the $83-million winning bidder of San Jose, Calif.-based Calpine Corp.'s San Juan Basin ...
Additional briefs
Natural Gas Partners, Irving, Texas, has funded Goldking Energy Holdings LP, Houston, with initial capitalization of more than $30 ... ON THE MONEY
RECYCLING SUCCESS
In this issue's cover story on raising capital for emerging E&P companies, the point was made by one financial intermediary ... EDITORS COMMENT
HEADLINES
COMPANIES IN THIS ISSUE
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