November 1, 2007:
WHAT’S IN PLAY? Hedge-fund meddling in New York-based diversified energy company National Fuel Gas has put assets of northwestern Pennsylvania’s most active driller, Seneca Resources Corp., in play. In Appalachia alone, the E&P ...more
October 3, 2007:
TARGET 4.75 Capital markets don’t lie. Oh, the stories they will tell in the coming months. At press time, the Federal Open Market Committee announced a new federal-funds target rate of 4.75%, ...more
September 6, 2007:
MLP UPDATE News of new MLPs came to an abrupt halt in early August as capital markets, particularly debt markets, assessed a new investment-yield regime, as interest rates rose despite Fed efforts ...more
August 3, 2007:
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 is among E&P companies that have been pressured by hedge-fund ...more
July 11, 2007:
GOT MLP? Some producers are concerned that the new U.S. upstream master limited partnerships (MLPs) will ruin the domestic business, that more and more assets will go into harvest mode and not ...more
June 8, 2007:
Future Value There are oil and gas assets for sale—and some of their greatest value may be free! One would have to sit on them for 15 or so years, and the ...more
May 1, 2007:
HOLA, G’DAY, KONNICHIWA! Heads up, upstream players! Non-North American oil and gas companies are increasingly competing with U.S. independents for domestic oil and gas reserves—and winning. And more deals for U.S. assets by ...more
April 10, 2007:
ASSET PRICES Oil and gas prices have softened in the past 12 months, but asset prices have had no fear. In most U.S. regions, the metrics asset buyers will write checks upon ...more
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