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Magazine - June 2004

Coalbed methane (CBM) has earned its place as an integral part of the nation's natural gas supply. This year, CBM


FEATURES
NEWS FROM IRAQ

Last summer, Rob McKee was enjoying retirement after 36 years at Conoco and ConocoPhillips, most recently as executive vice president, ...

HEDGING WHEN BUYING

Press releases about asset purchases contain the usual information: buyer, seller, deal value, proved reserves, current production, source of funding ...

CALLON BE NIMBLE - AND QUICK

From majors to minnows, producers aim to find company-making fields. But for small E&P companies that lack the liquidity to ...

PAYING UP

How are small-cap E&P companies' executives compensated? Irvine, California-based investment-banking boutique C.K. Cooper & Co. set out to answer that. ...

CEO ENCORES

Cycle-tested, high-profile executives in the public and private sectors are taking another chance at building new exploration and production companies. ...

CANADIAN RETURNS

With meeting new reserves definitions behind them, as a result of NI 51-101, many Canadian producers are resuming their business ...

CALGARY START-UPS

For energy pundits who believe North America is an overworked, mature basin that's literally and figuratively running out of gas, ...

ALBERTA'S CBM

The development of coalbed methane (CBM) in Canada centers in Alberta, and this year promises to be the province's busiest ...

THE VIEW FROM CALGARY

With so much uncertainty today surrounding the stability of global oil and gas supply, Canada is being viewed more and ...

CANADIAN JUNIORS

Canadian junior oil and gas companies are exciting to watch, and even more exciting to participate in. Investors who do ...

DANCING WITH TIGERS

The following report looks at one of the most dynamic areas of economic activity in the world-the Asia-Pacific region, specifically ...

WHO HAS WHAT?

Malaysia undeniably enjoys the greatest hydrocarbon resources-some 4.5 billion barrels of oil and nearly 90 trillion cubic feet (Tcf) of ...

RECOVERY ECONOMICS

The producing fields of Malaysia, Brunei and Thailand share one unpleasant commonality: they are mostly either mature or maturing, and ...

NATURAL GAS EXPORTS

Liquefied natural gas (LNG) has been a rising star in the energy world. Unstable oil prices, rising concerns about the ...

THE NEW SERVICES

Malaysia's service industry has risen to the challenge of providing world-class service to the sizable domestic market. It has matured ...

SINGAPORE

Singapore's location near the Malacca Straits has made it the most important shipping hub in Asia, alongside Hong Kong. The ...

NEWSWELL
 
FROM THE EDITOR-IN-CHIEF
CEO COMMENTS

At investment conferences in New Orleans and New York, at the Offshore Technology Conference in Houston, and in talking to ...

COMPLETIONS
HOW TO BURN $2 BILLION

Most independents are flush with cash today and many don't know what to do with it. Prices for North American ...

TRENDS AND ANALYSIS
Are Inflation Fears Driving Oil and Gas Investments?

Inflation so ravaged investors in the 1970s that they feared it for most of the 1980s and many sought oil ...

E&P MOMENTUM
MORE CBM BASINS TO WATCH

This month's cover story highlights the basins that will deliver the next growth spurt in U.S. coalbed-methane (CBM) production-the Powder ...

EXPLORATION HIGHLIGHTS
Eastern U.S.

1 Newfield Exploration Co., Houston, filed an initial plan of exploration for its Dalmatian prospect with the U.S. Minerals Management ...

Gulf Coast

1 Phillips Energy Inc., Shreveport, La., completed its #1 Van Duesen discovery in Godfrey Ethridge Survey, A-123, in Marion County, ...

Midcontinent & Permian Basin

1 Wichita, Kan.-based Ritchie Exploration Inc. scheduled two wildcats in an area on the northwestern end of the Central Kansas ...

Western U.S.

1 Vintage Petroleum Inc., Tulsa, has staked a location in Section 12-20s-19e, Kings County, Calif., for a remote wildcat. The ...

International Highlights

While not an unqualified success, Premier Oil Plc reports some encouragement at its Sinapa-2 2-ST well, a rank wildcat offshore ...

NEW FINANCINGS
New Financings - Equity/Debt table

Equity Company Exchange / Symbol Headquarters Amount Comments Chesapeake Energy Corp. NYSE: CHK Oklahoma City US$255 million Priced a private offering of series 4.125% cumulative convertible preferred stock at ...

COMPANY BRIEFS
EnCana taking in Tom Brown's 1.2 Tcfe

As some industry observers had been expecting, EnCana Corp. (NYSE: ECA) will dip into its substantial reserve of dry powder ...

EnCana & Tom Brown at a glance

Pioneer Natural Resources Co., Dallas, (NYSE: PXD) will buy Evergreen Resources Inc., Denver, (NYSE: EVG) in a deal worth $2.1 ...

Bill Barrett, W&T plan IPOs

Denver-based Bill Barrett Corp. plans to make an initial public offering of shares totaling an estimated $172.5 million. The number ...

Additional briefs

• Centurion Exploration Co., Houston, has been formed by Brian Ayers, Nicki Maddox and Geoff Roberts. Ayers was most recently ...

U.S. M&A News

• XTO Energy Inc., Fort Worth, plans to boost its oil holdings by purchasing producing properties in the Permian Basin ...

Canadian M&A News

• Pengrowth Energy Trust, Calgary, (NYSE: PGH) and Canadian Natural Resources Ltd., Calgary, (NYSE: CNQ) have purchased the western Canadian ...

International M&A News

• French firm Perenco SA plans to buy a nonoperated 50% working interest (37.5% average net revenue interest) in Marine ...

ON THE MONEY
GREATER LENDING REACH

Long-time New Orleans energy lender Whitney National Bank has expanded its reach along the I-10 corridor, eastward to Tampa and ...

EDITORS COMMENT
HEADLINES
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