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On May 16, Noble Energy Inc.'s $3.6-billion purchase of Denver-based Patina Oil & Gas Corp. closed and Patina's chairman and FEATURES
PICEANCE BASIN
Cut by numerous deep valleys and canyons, the stratified plateaus and mesas of western Colorado are not only home to ...
THE PROPERTY AUCTION
What do a major international energy company, a small independent from Dallas, an ex-federal-judge-turned-oilman in Tulsa, and a $10-billion investment ...
BIG SANDY
Kentucky's Ohio Shale is far and away the most prolific producer among the Upper Devonian shales that extend along the ...
CAPITAL DISCIPLINE
During 2004, management consulting firm James Miller & Co. Inc. conducted an industry-wide analysis of the drilling function of upstream ...
ALL DRESSED UP . . .
Financially, the independent oils have been making slow but steady improvements during the past few years, but in 2004 they ...
HIGH TIME FOR AN IPO
With oil and gas prices testing previously undreamed-of levels and all things energy in the headlines, investors' appetite for new ... NEWSWELL
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FROM THE EDITOR-IN-CHIEF
MOVING THE NEEDLE?
The line that separates market factors from political ones has gotten blurred indeed. By the time you read this, the ... COMPLETIONS
BOLT-ON ACQUISITIONS
Investment bankers in the upstream energy space are continuing to expand their services to E&P executives by bringing asset-brokerage into ... TRENDS AND ANALYSIS
A FEAR OF FALLING
As commodity prices have soared during the past few years, so have energy equities. As a result, E&Ps have experienced ... E&P MOMENTUM
THE LOW-COST LOOK
Geochemical tools have been used to help locate oil and gas deposits since the industry's earliest years, and they still ...
High prices continue to push up state drilling permit stats
A recent survey by the Interstate Oil and Gas Compact Commission (IOGCC) indicates state regulators are handling record numbers of ... EXPLORATION HIGHLIGHTS
MIDCONTINENT & PERMIAN BASIN
1 Russell, Kan., independent Jason Oil Co. staked a wildcat about 10 miles west-northwest of Stockton in northern Kansas in ...
EASTERN U.S.
1 Gibraltar Energy Co., El Dorado, Ark., has scheduled a 6,200-ft. wildcat in northeastern Clay County, Miss., to look for ...
GULF COAST
1 Cotton Valley gave up a discovery at the #1 Lanston Gas Unit "1" wildcat drilled by Mustang Drilling Ltd., ...
WESTERN U.S.
1 Ansbro Petroleum Co., Denver, picked a nonproducing area on the Utah Hingeline to drill its 12,807-ft. #33-23 Browns Peak-Federal. ...
INTERNATIONAL HIGHLIGHTS
Bolivia has been roiling with political turmoil, after street marches by thousands of protestors led to the resignation of President ... NEW FINANCINGS
New Financings - Equity/Debt table
Equity Company Exchange / Symbol Headquarters Amount Comments Petroleum Helicopters Inc. Nasdaq: PHEL Lafayette, La. US$107.5 million Completed the public offering ... COMPANY BRIEFS
CNOC counters Chevron offer for UCL
At press time, Unocal Corp., El Segundo, Calif., (NYSE: UCL) was considering a counter-proposal from CNOOC Ltd., (NYSE: CEO) an ...
Scotiabank takes in Waterous
Calgary-based Scotiabank has acquired Waterous & Co., for an undisclosed amount. The Scotia Capital division of Scotiabank will combine its ...
Additional news
Weisser, Johnson & Co., Houston, has formed GasRock Capital LLC to make direct mezzanine debt investments in oil and ...
M&A news
Maverick Oil and Gas Inc., Fort Lauderdale, Fla., (OTCBB: MVOG) reports the closing of the stock-purchase agreement to acquire ... ON THE MONEY
BEWARE JACKUP CAPACITY
The current worldwide capacity of jackup rigs is steadily increasing, with 32 new rigs either under construction or scheduled to ... EDITORS COMMENT
HEADLINES
COMPANIES IN THIS ISSUE
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