February 14, 2008:
In Memoriam • James H. (Jimmy) Stone, founder and chairman of Stone Energy Corp., Lafayette, La., (NYSE: SGY) passed away Jan. 14. He was 82.Stone started his first oil and gas company ...more
February 14, 2008:
Steel Partners bids for Rowan board seats New York-based Steel Partners II LP has nominated Warren G. Lichtenstein, John J. Quicke and Robert H. Kanner to join the board of its portfolio company Rowan Cos. Inc., Houston, ...more
February 14, 2008:
Additional news • LL&E Royalty Trust, Austin, Texas, (NYSE: LRT) has been terminated following two successive years of net revenue of less than $5 million. Net revenues for 2007 were approximately $2 ...more
February 14, 2008:
Omega buys out Quantum stake in Linn New York-based Omega Advisors Inc. has purchased the 5.06 million units of Linn Energy LLC, Houston, (Nasdaq: LINE) held by private-equity investor Quantum Energy Partners II LP, Houston. The holding ...more
February 14, 2008:
NOV to buy Grant Prideco For $7.4 Billion National Oilwell Varco Inc., Houston, (NYSE: NOV) plans to acquire Grant Prideco Inc., Houston, (NYSE: GRP) for approximately $7.4 billion in cash and debt.National Oilwell will pay $23.20 in cash ...more
February 14, 2008:
PXD Scales Back MLP; Exco Cancels Its MLP Pioneer Natural Resources Co., Dallas, (NYSE: PXD) has amended the IPO for its MLP Pioneer Southwest Energy Partners LP to 7.5 million shares at approximately $20 each for a total ...more
February 14, 2008:
Edge may sell or merge; holds 102 Bcfe onshore Edge Petroleum Corp., Houston, (Nasdaq: EPEX) plans to seek strategic alternatives that may include a sale or merger.At year-end 2006, total net proved reserves were 102.1 billion cu. ft. equivalent ...more
January 4, 2008:
In Memoriam Robert O. Anderson, who founded and for more than 20 years chaired the Atlantic Richfield Co. (Arco), which found the vast Prudhoe Bay Field in Alaska, has passed away at ...more
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