Because oil and gas production appears set to decline in the North Sea, the U.K. government has liberalized its licensing ...

More than 10 billion barrels of oil have been found in the small yet incredibly prolific Los Angeles Basin. And, ...

Within just a handful of weeks this spring, three publicly traded Rockies producers-Tom Brown Inc., Westport Resources and Evergreen Resources-announced ...

When building an E&P company, you need capital, assets and a strong business plan. As for the capital, the supply ...

By any financial measure, fiscal 2003 was an outstanding year for the top 20 major integrated oils. Net sales revenues for ...

During the long hot days of summer, everyone seeks a little froth, whether it's on the head of a cold ...

Quick, gather your long-lived U.S. assets: The Canadian royalty trusts are coming. Calgary-based Provident Energy Trust has broken the tax ...

Two major surveys are predicting global E&P spending growth of up to 9% in 2004 compared with 2003 budgets. While ...

The deep waters of the Gulf of Mexico have already delivered abundant discoveries, yet the prolific province is still in ...

1 Petrobras Inc., the Houston-based subsidiary of the Brazilian oil and gas company, filed an initial plan of exploration for ...

1 Roosth Production Co., Tyler, Texas, will drill a remote wildcat some 7.5 miles southeast of Paris, Texas, in southeastern ...

1 M.E. Klein & Associates, based in Norman, Okla., recovered gas during a drillstem test at a wildcat a mile ...

1 Emerald Trail LLC, Artesia, N.M., plans a new-field wildcat reaching for gas in an undisclosed formation in Merced County, ...

Houston-based Far East Energy Corp. is making solid progress on its coalbed-methane projects in China. In Yunnan Province in southwestern ...

Equity Company Exchange / Symbol Headquarters Amount Comments XTO Energy NYSE: XTO Fort Worth, Texas US$523 million Plans to sell 20.75 million shares of common stock at US$25.23 each. W&T ...

Anadarko Petroleum Corp., The Woodlands, Texas, (NYSE: APC) announced a major reshuffling of assets to enhance growth. It will sell ...

Petro-Canada, Calgary, (Toronto: PCA; NYSE: PCZ) plans to buy Prima Energy Corp., Denver, (Nasdaq: PENG) for US$39.50 per share in ...

XTO Energy Inc., Fort Worth, (NYSE: XTO) will buy 150 onshore producing properties in seven states from ChevronTexaco Corp. for ...

ExxonMobil Corp. and Apache Corp. (NYSE: APA) plan a North American joint venture on prospective and mature properties in West ...

Chesapeake Energy Corp., Oklahoma City, has purchased Houston-based, privately held Greystone Petroleum LLC for $425 million, giving it natural gas ...

Marathon Oil Corp., Houston, (NYSE: MRO) plans to sell its Pennaco Energy Inc. subsidiary, which operates coalbed-gas assets in the ...

Forest Oil Corp., Denver, (NYSE: FST) plans to buy The Wiser Oil Co., Dallas, (NYSE: WZR) for $10.60 per share ...

In the brave new world of $35 to $40 oil, it's astonishing that the share prices of offshore drillers, after ...