Oil and Gas Investor This Week Chevron's Jack Well may point to up to 15 Billion BOE For several analysts, the record-setting test results from Chevron Corp.’s, San Ramon, Calif., (NYSE: CVX) Jack #2 well at Walker Ridge Block 758 in the Gulf of Mexico have confirmed the potential productivity of the many Lower Tertiary discoveries. After market: Creating value after closing Once the deal is closed, the real work begins. “When you close the deal, only 25% of the work is done. The best way we’ve found to ensure we stick with a deal is to be married to it from the beginning to the end of the life-cycle of the properties we acquire.”
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A&D Watch The Changing Face of Anadarko When Houston-based Anadarko Petroleum Corp. announced separate deals to acquire Oklahoma City-based Kerr-McGee Corp. and Denver-based Western Gas Resources Inc. on the same, otherwise slow, mid-summer June day, the market gasped. Canadian Stalemate With gas storage at record levels in North America and gas prices plummeting ever downward, the story in Canadian M&A for the first half of the year has been one of wait-and-see. |

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