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When a resident of Chicago turns on his gas stove, chances are good that the molecules he burns have come FEATURES
REWARD: SOUTH TEXAS ASSETS
When it comes to doing deals in South Texas, what you know is important, but who you know is absolutely ...
ENCANA GOES UNCONVENTIONAL
Since becoming president and chief executive of EnCana Corp. last year, Randy Eresman has been transforming the Calgary company. ...
CFOs GET BACK TO WORK ON STRATEGY
The advent of Sarbanes-Oxley Section 404 (SOX) has had a profound impact on the role of the chief financial officer. ...
ROCKIES WAITING GAME
When it comes to the netback price Rocky Mountain producers receive for their gas at the wellhead, there is good ...
NICARAGUA
Nestled in the center of the Central American isthmus, Nicaragua, for the past 35 years has seemingly been left behind ...
MAVERICK BASIN
Texas' Maverick Basin on the Rio Grande River has historically been underexplored due to its small scale and complex reservoirs. ...
HEADED FOR DAYLIGHT
Houston-based Key Energy Services Inc. has been one of the more active consolidators in the energy services arena, but its ...
Scotia Waterous' Regional Spotlight
The Rockies region spotlighted here encompasses the majority of Colorado, Utah, Wyoming and Montana. It is an area containing some ...
SECONDARY, TERTIARY RECOVERY
With recent announcements from the International Energy Agency and the U.S. National Petroleum Council predicting a looming energy crunch as ... NEWSWELL
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FROM THE EDITOR-IN-CHIEF
HARD TRUTHS, BIG OPPORTUNITY
Ever since soaring Chinese oil demand and the various peak-oil theories have gained world attention, not to mention rising CO2 ... COMPLETIONS
THERE GOES POGO
Well, it's done. Pogo Producing Co.-what's left of it, and it's a lot-will go to Plains Exploration & Production Co. ... TRENDS AND ANALYSIS
WELL PERFORMANCE
High natural gas prices and new technology for unconventional plays are needed to overcome equipment cost challenges and the impact ... E&P MOMENTUM
PROSPERING IN THE PARADOX
A couple of discoveries are lighting up activity in the Paradox Basin of southeastern Utah and southwestern Colorado. Denver-based independent ... EXPLORATION HIGHLIGHTS
EASTERN U.S.
1 Mayne & Mertz Inc., Midland, Texas, completed a Smackover discovery flowing 1,147 bbl. and 334,000 cu. ft. of gas ...
GULF COAST
1 A remote horizontal wildcat is scheduled in south-central Leon County, Texas Railroad Commission (RRC) District 5. Range Production Co., ...
MIDCONTINENT & PERMIAN BASIN
1 Lario Oil & Gas Co., Wichita, Kan., adds a new wildcat to its remote exploration program in western Gove ...
WESTERN U.S.
1 Delta Petroleum Corp., Denver, Colo., will drill its second remote wildcat in Columbia River Basin in southern Washington about ...
INTERNATIONAL HIGHLIGHTS
In a major event for Africa's Republic of Ghana, the Mahogany-1 exploration well, drilled offshore West Cape, Three Points license, ... NEW FINANCINGS
New Financings
Equity CompanyExchange / SymbolHeadquartersAmountComments Linn Energy LLCNasdaq: LINEHoustonUS$1.5 billionPlans to privately place approximately 48 million units at a ... COMPANY BRIEFS
ON THE MONEY
DAHLMAN ROSE ENLARGES FOCUS
In another sign of the bullish times for energy on Wall Street, one leading market-maker has recently announced the launch ... EDITORS COMMENT
Azerbaijani Diplomat Describes Importance Of Oil, U.S.
Having accounted for half of the world's oil production 100 years ago and also being the first country to commercially ...
The CFO: Strategist Or Scorekeeper
The advent of Sarbanes-Oxley Section 404 (SOX) has had a profound impact on the role of the chief financial officer. ...
South Texas M&A
When it comes to doing deals in South Texas, what you know is important, but who you know is absolutely ...
Lycos Bobby Lyle: 'Don't Be Afraid To Make That Call'
"Never be afraid to do a deal in a changing environment," says Bobby Lyle Jr., president and chief executive of ...
Rockies Gas
When a resident of Chicago turns on his gas stove, chances are good that the molecules he burns have come ...
Nusz, Brooks: Help Is Out There To Strike It On Your Own
If thinking of leaving the shiny offices of the majors and the structured workplace of the independents to strike out ...
There Goes Pogo
Well, it's done. Pogo Producing Co.-what's left of it, and it's a lot-will go to Plains Exploration & Production Co. Pogo ...
Per-Well Performance Drives Up Costs
High natural gas prices and new technology for unconventional plays are needed to overcome equipment cost challenges and the impact ...
Institutional Investors Say It's Not Too Late To Get Into Energy
Is it too late to get into energy, what with oil prices approaching $70 per barrel and natural gas at ...
Hard Truths, Big Opportunity
Ever since soaring Chinese oil demand and the various peak-oil theories have gained world attention, not to mention rising CO2 ...
Service Stocks Not Expensive; Plenty Of Upside Still Left
With the run-up earlier this year in oil-service stocks, the median earnings multiple for the group expanded from about 10 ...
Rockies Waiting Game
Rocky Mountain natural gas producers continue to suffer harsh price differentials due to pipeline bottlenecks. Will the Rockies Express Pipeline ...
Madagascar Oil Chief: Don't Rush To IPO If Not Ready
When Alex Archila joined Houston-based Madagascar Oil Ltd. in 2006, going public was still a distant step in the company's ...
Natural Gas Demand Grows Globally, Declines In U.S.
Global natural gas consumption continues to grow, last year by 2.5%, which is slightly above average, yet U.S. consumption declined. ...
Prospering In The Paradox
A couple of discoveries are lighting up activity in the Paradox Basin of southeastern Utah and southwestern Colorado. Denver-based independent ...
Uncommitted Rig Days For Offshore Drillers Seen As Plus
In light of rising dayrates, it may be desirable for offshore drillers to have their glasses more than half-empty, in ... HEADLINES
Penn Virginia Acquires Oklahoma Assets
Penn Virginia Corp., Radnor, Pa., (NYSE: PVA) has acquired assets in eastern Oklahoma from an undisclosed seller for $47.9 million. The ...
Pacific Energy Acquires Forest's Alaska Assets
Pacific Energy Resources Ltd., Long Beach, Calif., (Toronto: PFE) has closed its acquisition of all of the Alaskan assets of ...
Riverstone Names Browne Managing Director
New York-based private equity firm Riverstone Holdings LLC has named John Browne managing director and managing partner of Riverstone Europe. ...
Abu Dhabi National To Buy Pioneer Canada
Abu Dhabi National Energy Co. PJSC, Abu Dhabi, UAE, (Abu Dhabi: TAQ) plans to acquire Pioneer Natural Resources Canada Inc. ...
Pride Buys Out Sonangol In Angolan JV
Pride International Inc., Houston, (NYSE: PDE) has acquired the remaining 9% interest in its Angolan joint-venture company from a subsidiary ...
Hanover, Universal Merge As Exterran
Hanover Compressor Co., Houston, (NYSE: HC) and Universal Compression Holdings Inc., Houston, (NYSE: UCO) completed their merger of equals, creating ...
Pulse Data Rejects Unsolicited Seitel Offer
6818862 Canada Inc., a subsidiary of Houston-based Seitel Inc., a subsidiary of Toronto-based ValueAct Capital Master Fund LP has made ...
El Paso To Acquire Peoples Energy
El Paso Exploration & Production Co., a subsidiary of El Paso Corp., Houston, (NYSE: EP) plans to acquire Houston-based Peoples ...
IHS Acquires John S. Herold
IHS Inc., Englewood, Colo., (NYSE: IHS) has acquired Norwalk, Conn.-based John S. Herold Inc. for approximately $48 million in cash. John ...
Baseline In $100MM Deal For DSX Texas Assets
Baseline Oil & Gas Corp., Houston, (OTCBB: BOGA) plans to acquire producing properties in South Texas from Corpus Christi, Texas-based ...
Antero Receives $1-Billion Line Of Equity
Privately owned Antero Resources Corp., Denver, has secured a $1-billion line-of-equity funding led by private-equity firm Warburg Pincus and including ...
Ferncliff To Buy Three Rigs From Pride
Oslo, Norway-based Ferncliff TIH AS plans to acquire a fleet of three self-erecting, tender-assist rigs from Pride International Inc., Houston, ...
Piper Acquires Two Alberta E&P Companies
Privately held, Calgary-based Piper Resources Ltd. has acquired two private Alberta-based oil and gas companies for C$60 million. The assets include ...
GP To Acquire Pride's Latin American Business
Private-equity firm GP Investments Ltd., Sao Paulo, Brazil, (Bovespa: GPIV11) plans to acquire the Latin American land drilling and E&P ...
NAL To Acquire Seneca Energy Canada
NAL Oil & Gas Trust, Calgary, (Toronto: NAE-UN) plans to acquire Seneca Energy Canada Inc. from Seneca Resources Corp., the ...
Horbeck Acquires 20 OSVs From Nabors
Hornbeck Offshore Services Inc., Covington, La., (NYSE: HOS) has closed its acquisition of 20 offshore supply vessels (OSVs) and related ...
Sheridan Closes $1.3-Billion Fund
Sheridan Production Partners, Houston, reports the final closing of Sheridan Production Partners LP, a specialized $1.3-billion fund that will invest ...
McMoRan Closes Acquisition Of Newfield GOM Assets
McMoRan Exploration Co., New Orleans, (NYSE: MMR) has closed the acquisition of all of the Gulf of Mexico shallow-water producing ...
RTF Realty To Buy Toreador's U.S. Assets
Dallas-based RTF Realty Inc. plans to acquire all of the U.S. oil and gas properties of Toreador Resources Corp., Dallas, ...
St. Mary To Add 95 Bcfe/Proved In South Texas
St. Mary Land & Exploration Co., Denver, (NYSE: SM) plans to acquire assets in South Texas from an undisclosed seller ...
Constellation To Acquire Cherokee CBM From Newfield
Constellation Energy Partners LLC, Baltimore, (NYSE: CEP) plans to acquire certain coalbed-methane properties in the Cherokee Basin in Oklahoma from ...
E.On Acquires Stake In Norweigian Fields From Shell
E.On, Düsseldorf, Germany, (NYSE: EON) has acquired a 28% stake in two Norwegian gas fields from Royal Dutch Shell, The ...
Talisman Sells Noncore Canadian Assets
Talisman Energy Inc., Calgary, (Toronto, NYSE: TLM) has sold its noncore Canadian assets to undisclosed buyers for C$815 million. The assets ...
Eagle Rock Acquires Escambia, Redman
Eagle Rock Energy Partners LP, Houston, (Nasdaq: EROC) has closed its acquisition of Houston-based Escambia Asset Co. LLC and privately ... COMPANIES IN THIS ISSUE
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