Heavily funded Canadian juniors and royalty trusts continue to grab up E&P assets and companies, lately squeezing out traditional, larger ...

Alberta is blessed with an immense resource of 1.6 trillion barrels of bitumen in place, locked mainly in sandstone reservoirs ...

In July 2004, Gary Blackie and Wayne Laufer found themselves at a crossroads in a Gulf of Mexico joint venture, ...

As the chairman of BP Capital LP, a more than $2-billion hedge-fund outfit, investor and oilman T. Boone Pickens oversees ...

The legendary humorist Will Rogers once defined insanity as doing the same thing repeatedly and each time expecting different results. ...

Step aside, proved developed reserves. You are merely the reassuring base line whose cash flow and value are so assumed ...

CNOOC Ltd.'s withdrawal of its bid for Unocal Corp. was accompanied by strong words on the political pressure it encountered ...

Global energy merger and acquisition deal values were up 50% in 2004 and the number of deals hit a five-year ...

Nearly two-thirds of Canada's daily bitumen production is dug from open-pit mines in a 37-township area north of Fort McMurray, ...

1 Tulsa-based Oneok Texas Energy Resources LP tested 21 bbl. of oil and 65 bbl. of water a day from ...

1 Challenger Minerals Inc., Houston, dipped into a natural gas discovery in Viosca Knoll Block 20 in the east-central Gulf ...

1 Hays, Kan.-based Black Diamond Oil Inc. staked a wildcat on the northwestern end of the Central Kansas Uplift in ...

1 Marathon Oil Co., Houston, completed a dual-directional, extended-reach wildcat on Alaska's Kenai Peninsula to open the Tyonek 1 and ...

1 Venezuela Chevron Corp. tested gas flowing at a rate of 51 million cu. ft. per day, restricted by equipment, ...

Kayne Anderson Energy NYSE: KYE Los Angeles US$750 million Placed an initial public offering of 30 million shares at US$25 ...

Chevron Corp. (NYSE: CVX) has acquired Unocal Corp. for $69 in cash, 1.03 shares of Chevron stock or a combination ...

• El Paso Corp., Houston, (NYSE: EP) plans to acquire private, Denver-based Medicine Bow Energy Corp. for $814 million, gaining ...

• Mediterranean Resources LLC, Austin, Texas, has been formed with assets in the Permian Basin in Eddy and Lea counties, ...

The world of oil and gas pricing between 2005 and 2010 will likely look a lot different than anything the ...

The landscape of the Canadian oil and gas market has changed dramatically from the late 1990s in part from the ...

Master limited partnerships (MLPs) through early summer continued to perform relatively well in a seesaw market, with second-quarter earnings not ...

Despite a more than 30% increase in the gas-rig count during the past 24 months, U.S. gas supply continues to ...

A rig manufactured in China is rigging up in Colorado's Piceance Basin. Presco Inc., an independent based in The Woodlands, Texas, ...

If high oil and gas prices turn out to be the new paradigm, E&P energy stocks may not be fully ...

Now that President Bush has signed the Energy Policy Act of 2005, the oil and gas industry has mixed reviews ...

Nearly two-thirds of Canada's daily bitumen production is dug from open-pit mines in a 37-township area north of Fort McMurray, ...

Moscow-based Gazprom reports its management committee has approved the acquisition of a 72.7% stake in privately held Sibneft from Millhouse ...

EnCana Oil & Gas (USA) Inc., a wholly owned subsidiary of Calgary-based EnCana Corp. (Toronto: ECA) plans to acquire selected ...

Pogo Producing Co., Houston, (NYSE: PPP) has closed the acquisition of Northrock Resources Ltd., a wholly owned Canadian subsidiary of ...

Privately held, Dallas-based TXOK Acquisition Inc. has completed the acquisition of oil and gas production companies from Oneok Inc., Tulsa, ...

Guggenheim Partners reports it will open a Houston office, which will be led by Tim Murray, who has been named ...

Synenco Energy Inc., Calgary, reports it has filed a preliminary prospectus with each of the provinces of Canada in connection ...

Germany-based E.on (NYSE: EON) plans to acquire Caledonia Oil and Gas Ltd., a U.K. gas production company, from Greenwich, Conn.-based ...

Royal Dutch Shell, London, (NYSE: RDS) plans to implement an internal restructuring in which Royal Dutch will be merged into ...

Enerplus Resources Fund, Calgary, (Toronto, NYSE: ERF) plans to acquire privately held, U.S.-based Sleeping Giant LLC for US$91.6 million including ...

Prairie Schooner Petroleum Ltd., Calgary, (Toronto: PSL) has closed the acquisition of a private company that owns producing properties in ...

Deep Resources Ltd., Calgary, (Toronto Venture: DEP) has closed the acquisition of privately held Dragonheart Energy Inc. for C$17.7 million, ...

Swift Energy Co., Houston, (NYSE: SFY) plans to purchase interests in South Bearhead Creek Field in Beauregard Parish, La., for ...

Norsk Hydro ASA, Oslo, Norway, (NYSE: NHY) plans to acquire Houston-based Spinnaker Exploration Co. (NYSE: SKE) in an all-cash transaction ...

Houston-based Mariner Energy Inc. plans to acquire the offshore Gulf of Mexico operations of Forest Oil Corp., Denver, (NYSE: FST) ...

Prairie Schooner Petroleum Ltd., Calgary, (Toronto: PSL) plans to acquire a private company with producing properties in east central Alberta ...

Weatherford International Ltd., Houston, (NYSE: WFT) has closed the acquisition of the energy-services and international contract-drilling divisions from Precision Drilling ...

Precision Drilling Corp., Calgary, (Toronto: PDS) reports it will reorganize its existing operations and holdings into an income trust through ...

Cooper Cameron Corp., Houston, (NYSE: CAM) plans to acquire certain businesses of the Flow Control segment of Dallas-based Dresser Inc. ...

Bronco Drilling Company Inc., Oklahoma City, (Nasdaq: BRNC) plans to acquire the assets of Duncan, Okla.-based Thomas Drilling Co. for ...

Ashcroft Holdings Inc., an affiliate of KPS Special Situations Fund II LP, plans to purchase the assets of Dresser Instruments, ...

The Houston Exploration Co., Houston, (NYSE: THX) has entered into a joint venture with Denver-based Enduring Resources LLC in Utah's ...

ENI SpA, Rome, (NYSE: E) has acquired the Alaskan assets of Denver-based Armstrong Oil & Gas, which includes 104 exploration ...

El Paso Corp., Houston, (NYSE: EP) reports it has closed its acquisition of Denver-based Medicine Bow Energy Corp. for $834 ...

Pioneer Natural Resources Co., Irving, Texas, (NYSE: PXD) reports a major strategy change. It plans to divest all of its ...

Welton Energy Corp., Calgary, (Toronto: WLT) has acquired privately held Era Oil & Gas Corp. for C$10.5 million. The acquisition included ...

A.G. Edwards & Sons Inc. 37 A.G. Edwards & Sons Inc. 23, 36 Abraxas Petroleum Corp. 112 Adelphi Energy 95 ...