Hart Energy Publishing
Magazine - December 2004

With world events and market speculators pushing oil prices to record levels, it's not surprising that 2004 was a relatively


FEATURES
SELLSIDE ANALYSIS TODAY

Since the go-go 1990s, mounting problems with Wall Street stock recommendations-bias, conflicts of interest and fraud-have cast an increasingly negative ...

FROM ACROSS THE POND

As the energy M&A market heats up in 2005, more independents and service companies are going to be looking for ...

HIGH HOPES ON THE NORTH SLOPE

Alaska's oil production peaked in 1988 at 2 million barrels per day. Then, in a span of just a ...

STORING GAS

Every year by October 31, injection of natural gas into U.S. storage ends. This year, the amount of gas set ...

PUBLIC VS. PRIVATE CAPITAL

Many executives may dismiss private equity as simply "expensive" money while public equity is considered relatively "cheap." The logic seems ...

NEWSWELL
 
FROM THE EDITOR-IN-CHIEF
THE TORTOISE AND THE HARE

The fervor created by high oil and gas prices and, frankly, by overblown headlines about natural gas shortages and crude ...

COMPLETIONS
THE NEW BOSS

Stone Energy Corp.'s new chief executive, David Welch, has a tough task ahead. The company, a long-time Wall Street darling ...

TRENDS AND ANALYSIS
Outlook for world oil supply not as bleak as current prices suggest

The global resource base for hydrocarbons is still healthy and will be aided by a growth in exploration investment that ...

E&P MOMENTUM
THE FAYETTEVILLE SHALE DEBUT

The rousing success of the Barnett Shale play in North Texas has many companies looking for similar-style plays in their ...

EXPLORATION HIGHLIGHTS
Eastern U.S.

1 Challenger Minerals Inc., Houston, completed its #1 OCS-G-25046 discovery well offshore Alabama on Mobile Block 988 for an undisclosed ...

Gulf Coast

1 Valence Operating Co., Kingwood, Texas, plans a wildcat to 13,500 ft. on a lease immediately southwest of the Noonday ...

Midcontinent and Permian Basin

1 Samuel Gary Jr. & Associates Inc., Denver, scheduled a wildcat in western Comanche County about 5.5 miles southwest of ...

Western U.S.

1 Continuing to drill wildcats named after Arnold Schwarzenegger movies, Cimarex Energy Co., Denver, staked a location for its #1-32 ...

International Highlights

The deepwater common-interest zone (CIZ) between Angola and Congo has yielded a prolific discovery. ChevronTexaco reports that its Lianzi-1 exploration ...

NEW FINANCINGS
Equity

Equity Company Exchange / Symbol Headquarters Amount Comments Brompton Equal Weight Oil & Gas Income Fund Toronto: OGF Toronto C$417 ...

COMPANY BRIEFS
EnCana leaving North Sea, Gulf of Mexico, Ecuador

Nexen Inc. (Toronto: NXY) plans to acquire EnCana Corp.'s (Toronto: ECA) British North Sea operations for US$2.1 billion. EnCana reports ...

CNR wins bid for Anadarko western Canadian assets

Canadian Natural Resources Ltd. (Toronto, Amex: CNQ) and another producer plan to buy many of Anadarko Petroleum Corp.'s (NYSE: APC) ...

Additional briefs

• Corpus Christi, Texas-based LMP Exploration Operating LLC has been formed with $35 million of equity capital from Greenhill Capital ...

M&A News

• St. Mary Land & Exploration Co., Denver, has signed agreements to acquire, for cash, approximately $97.5 million of properties ...

ON THE MONEY
EXPANDED FOOTPRINT

In this month's cover story on the wide range of capital options currently available to the energy sector, the point ...

EDITORS COMMENT
HEADLINES
COMPANIES IN THIS ISSUE


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