Oil and Gas Investor Magazine - February 2008

Additional news

Briefs from LL&E Royalty Trust, Contango Oil & Gas Co., and more.

Banking the MLPs

Capital continues to flow to upstream MLPs, despite recent setbacks in debt and equity markets and uneasiness about PIPE overhangs.

Divine Exploration

From a standing start with a few leases in East Texas, Guma Aguiar and Leor Energy found themselves in the right place at the right time. The multi-trillion cubic-foot Amoruso Field was the result.

Panola Field Uprising

While many gas fields in the U.S. are in decline, Panola Field is coming into its own. Operator Unit Corp. is capturing the whole value chain there: exploration, production, gathering and processing. Here's how.

Service-stock picks for 2008

Three top analysts pick a dozen small-cap service stocks poised for strong share-price gains this year.

Start-up Money

Each with several energy investments in their portfolios, Pine Brook Road Partners and Houston Energy Advisors are looking to back yet more E&P stories in 2008.

Turkey

As Turkey scales up its hunt for domestic oil and gas in the Black Sea, it's also promoting it's ability to connect exporting nations in the Middle East and Central Asia to hungry European energy markets.

Regional Spotlight: Permian Basin

The Permian Basin is an extensively explored, mature basin having a variety of trap types and plenty of exploitation opportunities.

Tale of two markets

Divergence between the momentum of international or offshore markets and North American markets is expected to continue.

Meet Lynn Bass

A founding principal of GasRock Capital LLC, Lynn Bass found his way into energy finance after meeting industry leaders through an executive-search firm.

Major Pressure

Major oil producers may need to do some M&A to replace reserves, and independent oils are among potential targets.

Disposophobia

Do the major oils have disposophobia? U.S. independents can help.

Ukraine’s Sea of AZOV

Canadian firm Shelton Canada Corp. focuses on opportunities in Ukraine, an Eastern European country that gained its independence in 1991.

Eastern U.S.

Highlights from El Dorado, Ark., Halsett, Mich, and more.

Primary Energy

Visiting with legendary independents George Mitchell and Frank Pitts -- and the industry's newest: Guma Aguiar.

Gulf Coast

Explorations in Hidalgo County, Texas, South Marsh Island, La., and more.

International Highlights

Discoveries in Chile, Canada, Bolivia and more.

Chatting with L. Frank Pitts

L. Frank Pitts has drilled more than 3,000 wells in North Texas.

Midcontinent & Permian Basin

Explorations from the Central Kansas Uplift, Masfield, Ark. and more.

Energy stocks finish 2007 up 17.1%; consolidation ahead

While the Fort Worth Barnett, Woodford and Fayetteville shales may well be headed toward an aggregate daily production level of 4- to 5 billion cubic feet in just a matter of a few years.

Rockies Express to have minimal impact on upstream stocks

S&P improves credit outlook for four oil-weighted producers

Microwaving hydrocarbons

Sometimes it pays to take a risk, like drilling a wildcat, funding a start-up or sticking a no-no thing in a microwave oven.

Unconventional Spending

Worldwide E&P expenditures will climb 9.3% in 2008, according to Citigroup's 26th annual E & P spending survey.

Western U.S.

Discoveries from Fresno County, Calif. Ray, N.D., and more.