March 7, 2008:
Pickering picks Marcellus among hottest U.S. plays The four best basin-based E&P stock plays are Range Resources, Southwestern Energy, Equitable Resources and Chesapeake Energy, according to analyst Dan Pickering and team at Tudor, Pickering, Holt & Co. ...more
March 5, 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
March 4, 2008:
Reconsideration Utility and coal player Consol Energy Inc.’s bid to re-roll up coalbed-methane producer CNX Gas Corp. may represent a new U.S. gas M&A trend, and further pressure on gas-acquisition prices. ...more
February 29, 2008:
Ernst & Young Forecasts MLPs to Dominate 2008 Deals Master limited partnerships have emerged as the dominant deal structure in oil and gas and will gain more ground in the coming year, according to Ernst & Young’s 2008 global ...more
February 28, 2008:
Bakken Most Improved; Fayetteville Leaps; Barnett May Slow In a report analyzing drilling activity and well results for various oil and gas shale plays around the country, “Resource Chronicles,” Jefferies & Co. analyst Subash Chandra has ranked the ...more
February 27, 2008:
Canadian Oil Exports to U.S. to Continue to Grow Daily oil production from the Canadian oil sands will rise approximately 2 million barrels by 2015, strengthening its position as the largest foreign supplier of oil to the U.S. Canadian ...more
February 25, 2008:
Credit Curnch Has Small Effect on E & P Deals The U.S. credit crunch, caused by defaulted mortgage loans, has so far had an “amazingly small effect” on debt-funding deals to upstream E&P companies, according to Charles Kingswell-Smith, speaking at ...more
February 22, 2008:
S&P Improves Credit Outlook for Four Oil-Weighted Producers Standard & Poor’s Ratings Services has revised its outlook on credit quality for four E&P companies due to S&P’s higher oil-price assumptions.
S&P credit analyst Thomas Watters says, “We expect profit ...more
|
