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More than 60 drilling rigs are at work in Kansas today-eight or so are the large, rotary type that are FEATURES
MEDICINE BOW
These days it is not uncommon for savvy operators-and their financial backers-to form new E&P companies, grow them rapidly into ...
HARTSHORNE HORIZONTALS
Gas has been produced from coal seams in Oklahoma as long ago as the 1930s. But today the Sooner State ...
ULTRA-DEEP ULTRA-EXCITING
From Alaminos Canyon through Walker Ridge stretches a trend that is the very frontier of the Gulf of Mexico. Here, ...
SIMPSON'S SUCCESS
In 1985, Bob Simpson had been with Southland Royalty Co. for nearly a decade when it was bought in a ...
UP, UP AND AWAY - MAYBE
With the Oilfield Service Index (OSX) up 23% through most of first-quarter 2005, hardly any investor needs to be told ... NEWSWELL
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FROM THE EDITOR-IN-CHIEF
THIS JUST IN...
Here's a farcical example of some of the press releases that are arriving at our editors' desks daily from a ... COMPLETIONS
$12 - X = $13.64
How does one turn a $12 asset minus three years of production into $13.64 or more? Ask any U.S. asset-seller ... TRENDS AND ANALYSIS
F&D Costs
Finding and development costs for drilling alone, for drilling plus reserve revisions, and for acquisitions increased last year, furthering a ... E&P MOMENTUM
WAVES OF CHANGE
The seismic industry should soon enjoy a long growth period, according to Bob Peebler, president and chief executive officer of ... EXPLORATION HIGHLIGHTS
EASTERN U.S.
1 Shell Exploration Inc., Houston, has scheduled as many as five deepwater wells on its DeSoto Canyon 268 Block in ...
GULF COAST
1 Allied Energy Corp., Bowling Green, Va., has built the location for its Allied Oakwood #1A exploratory well in Leon ...
MIDCONTINENT & PERMIAN BASIN
1 Stroud, Okla.-based Coleman Production LLC staked two wildcats in a remote, nonproducing area 1.5 miles southwest of Wamego, Kan., ...
WESTERN U.S.
1 Pioneer Oil & Gas Co., South Jordan, Utah, completed its #1 Yankee Mine West wildcat in Section 21-21n-57e in ...
INTERNATIONAL HIGHLIGHTS
U.S.-based companies did quite well in the first licensing round held by Libya in some 20 years. Occidental Petroleum, ChevronTexaco ... NEW FINANCINGS
New Financings - Equity/Debt table
Equity Company Exchange / Symbol Headquarters Amount Comments Grey Wolf Exploration Inc. Toronto: GWE San Antonio US$57 million Closed its initial public offering. The offering was led by CIBC ... COMPANY BRIEFS
Petrohawk takes deals to >$1B with Mission
Petrohawk Energy Corp., Houston, (Nasdaq: HAWK) plans to acquire Mission Resources Corp., Houston, (Nasdaq: MSSN) for stock, $135 million in ...
XTO to speed up acquisition efforts
The acquisitive Fort Worth-based XTO Energy Inc. (NYSE: XTO) has accelerated its acquisition efforts in the past three years because ...
XEC will reassume low-debt profile
Denver-based Cimarex Energy Co. (NYSE: XEC) is relatively inconspicuous, says Mick Merelli, president, chief executive officer and chairman. "We're moving ...
Additional briefs
Houston-based Quantum Energy Partners III LP and Chuck Perrin have formed Tulsa-based Rockford Energy Partners II LLC with a ...
M&A news...
ChevronTexaco (NYSE: CVX) has made an offer valued at $18 billion to buy Unocal Corp., (NYSE: UCL) forming an ... ON THE MONEY
A CAUTIOUS GATHERING
On the first Monday of April, a number of events converged in the energy arena: ChevronTexaco announced its $18-billion bid ... EDITORS COMMENT
HEADLINES
COMPANIES IN THIS ISSUE
Companies in This Issue
A.G. Edwards & Sons 26, 61 Acon Investments LLC 85 Admiral Bay Resources Inc. 85 Admiral Bay Resources Inc. 39 Advantage Resources 86 Air Liquide 19 Air Products and Chemicals 19 Albrecht & Associates ... |
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