Oil and Gas Investor Magazine - April 2011
Cover Story
Mississippi Lime
?This hot, new horizontal oil play in Oklahoma and Kansas has legacy lease-holders looking at 80%-plus returns and $1-billion-plus capex plans. Those late to the show are wondering how to get in.
Feature
Aboveground Risk
?In today’s international-risk environment, it is often aboveground risk that causes energy deals to turn upside down. Here’s how to get, and use, better information.
Fayetteville Revisited
While play founder Southwestern Energy Co. keeps forging ahead, recent M&A has introduced some new, deep-pocketed players into this shale.
Inflection Point For Gas
?M&A experts concede that oil and coal hold the upper hand today but say the resurrection of natural gas is inevitable.
Readin', Writin', Petroleum
?At the Independent Petroleum Association of America’s petroleum academies, high schoolers learn more about career paths in energy.
Shale Shift
?A prominent shale producer says unconventional resources may be changing the industry’s spot on the learning curve.
Tackling The Gulf With Tracy Krohn
??This CEO continues to believe in the Gulf of Mexico as the place where his company will keep growing, despite the current challenges.
The Gulf, A Year Later
?New regs, technology and opportunistic M&A are reshaping business in the Gulf in the aftermath of the Macondo blowout.
Three Start-Ups
?With funding from deep-pocket, private-equity firms Riverstone/Carlyle, EnCap Investments and Apollo Global Management, these veteran E&P leaders are building $1-billion-plus start-ups onshore the U.S.
At Closing
St. Louis Lime
Amidst Range Resources Corp.’s small non-Marcellus drilling program for 2011 are two more horizontal and four more vertical tests into the St. Louis limestone that sits beneath the liquids-prolific Granite Wash in North Texas and western Oklahoma.
Bright Spots
Meet Patrick Collins
Cortez Resources co-founder Patrick Collins discusses the company's business plan.
Capital Markets
Rodman Private Capital Energy Index
?The second-half 2010 Rodman Private Capital Energy Index shows the continuation of a contracting capital base among established oil and gas investors that began at the end of 2008 and has continued, unabated. Also ongoing are the transfer of asset ownership from privately funded companies to publicly funded ones, and apparent headwinds as private-capital fund managers within the index struggle to raise new funds.
Completions
Gas Contrarians
Even before the hullabaloo in the Middle East supercharged oil prices into the $100-per-barrel range, producers were revamping asset mixes to grab as much of the wet stuff as possible, to bolster cash flows and investor confidence in the face of languid natural gas prices.
E&P Momentum
Horn River, Montney Lead Canadian Gas
Canada already ranks as one of the world’s top producers and exporters of energy, and its growing unconventional resource base is further buttressing that enviable position.
Legends
Chatting With Dick Lowe
This year oilman and philanthropist Dick Lowe celebrates 60 years in the oil business.