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EOG Resources Inc. reported a screamer Barnett Shale well in December-10 million cubic feet per day-in Johnson County. To those FEATURES
SUCCESS BREWS IN ANDREWS COUNTY
In December 1929, with the nation gripped in the grim beginnings of the Great Depression, Deep Rock Oil Co. struck ...
STARVING FOR ASSETS
While the first half of 2005 brought record prices to the Canadian M&A space, the second half didn't exactly disappoint. ...
TO APPALACHIA
A noted Midcontinent gas consolidator, Chesapeake Energy Corp. had been looking at expansion into the Appalachian Basin since 2002. At ...
PHOENIX RISING
While there is no shortage of chief executives who enjoy hearing a compelling turnaround story, few may volunteer to be ...
STORAGE SPACE EXPANDING
Not many years ago, the spread between summer and winter natural gas prices was 20 to 50 cents per MMBtu. ...
OPPORTUNITIES IN INDIAN COUNTRY
Native American Indian tribes own millions of acres of land in the United States, and it appears the tribes have ...
STRUCTURE FOR SUCCESS
By the end of the 1980s, the highly touted upstream master limited partnership (MLP) investments of that decade had become ... NEWSWELL
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FROM THE EDITOR-IN-CHIEF
Some Trends to Watch
Recently, I spoke with an admired acquaintance, Cambridge Energy Research Associates (CERA) co-founder Joe Stanislaw, who has taken a position ... COMPLETIONS
Long-Lived Reserves
Linn Energy LLC and Chesapeake Energy Corp. have helped recently to turn Wall Street's attention anew to the Appalachian Basin ... TRENDS AND ANALYSIS
The end of Cantarell begins?
Mexico is the third-largest supplier of oil to the U.S. after Canada and Saudi Arabia. But its largest field, Cantarell, ... E&P MOMENTUM
New Albany News
The New Albany Shale is a long-standing producer in the Illinois Basin. Wells in southwestern Indiana and western Kentucky have ... EXPLORATION HIGHLIGHTS
Eastern U.S.
1 Denbury Onshore LLC, Plano, Texas, permitted a 16,800-ft. wildcat in northern Rankin County in central Mississippi. The #1 Pearl ...
Gulf Coast
1 J-OB Operating Co., Shreveport, La., will test a remote location in southeastern Lamar County, Texas (RRC 5), at its ...
Midcontinent & Permian Basin
1 Wichita, Kan.-based Great Plains Energy Corp. drilled a wildcat in a previously nonproducing township about 9 miles north-northwest of ...
Western U.S.
1 ConocoPhillips Alaska Inc. plans four wells to test its Antigua project about 26 miles west of Deadhorse on Alaska's ...
International Highlights
Argentina's Enarsa signed several pacts with international partners for exploration offshore Argentina. Under a 10-year agreement, Enarsa and Spanish firm ... NEW FINANCINGS
COMPANY BRIEFS
Marubeni, Merit, Mariner make Gulf acquisitions
Marubeni Offshore Production (USA) Inc., a subsidiary of Marubeni Corp., plans to acquire deepwater Gulf of Mexico assets from Pioneer ...
Peoples expanding E&P; may divest power-generation
Peoples Energy Production, Houston, the oil and gas production subsidiary of utility Peoples Energy, Chicago, (NYSE: PGL) has acquired oil ...
Additional News
Centre Partners Management LLC, Dallas, and its affiliate, private-equity firm Centre Southwest Partners LLC, has acquired a majority interest in ...
M&A News
Forest Oil Corp., Denver, (NYSE: FST) has entered agreements with privately held, Houston-based Chalker Energy Partners and five other undisclosed ... ON THE MONEY
Beating the Street
If you've been dismayed recently by the downward spiral or, at the least, sputtering in service-stock market values, don't head ... EDITORS COMMENT
Structure For Success?
By the time the 1980s ended, the once highly touted upstream master limited partnership (MLP) investments of that decade had ...
Offshore Dayrates Continue To Climb; SCORE Hits New High
Offshore dayrates continue to set records. Transocean Inc., Houston, reports that its deepwater drillship, Discoverer Enterprise, has received a three-year ...
Starving For Assets
While the first half of 2005 brought record prices to the Canadian M&A space, the second half didn't exactly disappoint. ...
Some Trends To Watch
Recently, I spoke with an admired acquaintance, Cambridge Energy Research Associates (CERA) co-founder Joe Stanislaw, who has taken a position ...
Breaking Into The Barnett
EOG Resources Inc. reported a screamer Barnett Shale well in December-10 million cubic feet per day-in Johnson County. To those ... HEADLINES
Resolute and Navajo Nation Acquire ExxonMobil Utah Interests
Resolute Natural Resources Co., a subsidiary of Tulsa, Okla.-based Resolute Holdings LLC and privately held, Cortez, Colo.-based Navajo Nation Oil ...
Plains Exploration To Acquire Stone Energy For $1.46 Billion
Plains Exploration and Production Co., Houston, (NYSE: PXP) plans to acquire Stone Energy Corp., Lafayette, La., (NYSE: SGY) in a ...
Schlumberger Acquires Baker Hughes' Interests In WesternGeco
Schlumberger Ltd., New York, (NYSE: SLB) has acquired the 30% interest in the seismic joint venture WesternGeco from its partner ...
Mitsui Acquires 50% of GOM Leases From Pogo
Pogo Producing Co., Houston, (NYSE: PPP) will sell an undivided 50% of all its Gulf of Mexico oil and gas ...
Petrohawk And KCS Energy To Merge
Petrohawk Energy Corp., Houston, (Nasdaq: HAWK) and KCS Energy Inc., Houston, (NYSE: KCS) plan to merge into an onshore oil ...
Avalon Acquires Working Interest In Texas Field From Canyon Creek
Avalon Oil & Gas Inc., Minneapolis, (OTCBB: AOGS) has acquired a 50% working interest in a 266.73-acre lease in the ...
Apache To Acquire BP GOM Assets For US$1.3 Billion
Apache Corp., Houston, (NYSE, Nasdaq: APA) plans to acquire London-based BP's (NYSE: BP) remaining producing properties on the outer continental ...
WaveForm Buys Alberta Gas Properties
WaveForm Energy Ltd., Calgary, (Toronto Venture: WE.A, WE.B) has purchased producing gas properties in the Ferrier and Rowley areas of ...
Jana Partners Pressures The Houston Exploration Co.
New York-based hedge fund Jana Partners LLC has called upon the Houston-based The Houston Exploration Co. (NYSE: THX) to use ...
Taghmen Acquires Petroleos Del Norte For US$32 Million
Taghmen Energy Plc, London, (London: TAG) has acquired Petroleos del Norte SA, Bogota, Colombia, for US$32 million. Petroleos operates three fields ...
Pogo Producing Plans Latigo Petroleum Acquisition
Pogo Producing Co., Houston, (NYSE: PPP) plans to acquire privately held Latigo Petroleum Inc., Tulsa, Okla., and its assets in ...
Melrose Resources To Acquire Merlon Petroleum
Melrose Resources Plc, London, (Pink Sheets: MRSJF) plans to acquire privately owned Merlon Petroleum Co., Houston, for US$265 million cash. ...
Addax Increases Its Participating Interest Offshore Nigeria
Addax Petroleum Corp., Calgary, (Toronto: AXC) has increased its participating interest in Block 4 of the Nigeria-Sao Tome and Principe ...
Kinder Morgan Subsidiary Buys West Texas Properties
Kinder Morgan CO2 Co., a subsidiary of Kinder Morgan Energy Partners LP, Houston, (NYSE: KMP) has acquired various properties from ...
Teton To Acquire Working Interest In North Dakota Assets
Teton Energy Corp., Denver, (Amex: TEC) has signed a definitive agreement with American Oil and Gas Inc. (Amex: AEZ) to ...
Houston Exploration To Sell Some GOM Assets
The Houston Exploration Co., Houston, (NYSE: THX) plans to sell substantially all of the Louisiana portion of its Gulf of ...
Exco Resources Buys Interest In West Texas Fields
Exco Resources Inc., Dallas, (NYSE: XCO) has closed the acquisition of a 50% interest in approximately 19,000 acres of interests ...
Texhoma Energy Closes Louisiana Purchase From Kilrush
Texhoma Energy Inc., Houston, (Pink Sheets: TXHE) has acquired from Kilrush Petroleum Inc. certain oil and gas producing properties in ...
Allis-Chalmers Acquires Rogers Oil Tools Services
Allis-Chalmers Energy Inc., Houston, (Amex: ALY) has completed the acquisition of Lafayette, La.-based Rogers Oil Tool Services Inc. for total ...
ConocoPhillips Completes Burlington Acquisition
ConocoPhillips, Houston, (NYSE: COP) has completed its acquisition of Houston-based Burlington Resources following approval by Burlington's shareholders. As a result of ...
Irwin Energy Completes Big Cat Acquisition
Irwin Energy Inc., Vancouver, (Pink Sheets: IWNE) has completed its previously announced acquisition of Phoenix-based Big Cat Exploration & Production ... COMPANIES IN THIS ISSUE
Company Index
A.G. Edwards 93 A.G. Edwards 32, 69 AC Exploration LLC 108 Acclaim Energy Trust 78 Advanced Resources International 76 Alamo Operating Co. LC 108 Albrecht & Associates Inc. 62 All American Pipeline LP 73 Alpine ... |
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