Oil and Gas Investor Magazine - June 2008

Cover Story

Appalachian Shales

?Lower Huron and Marcellus Devonian gas shales are invigorating the Appalachian Basin, the world’s original producing province.

Feature

Deepwater Reserves

?Deepwater Gulf of Mexico exploration drilling declined in 2007, but this may be while operators are catching up on appraisal and development drilling, and new-prospect development.

Independent Banking

?Regional commercial banks offer debt-access security to local E&P operators and service providers.

Utah Jazz

?Utah exploration has come alive with fresh success in conventional reservoirs in its central Hingeline and in resource plays in the Paradox Basin’s salt and clastic Paradox formation.

A&D Trends

Is the Reserves Market Rational?

?Is there a fundamental disconnect between the public and private valuation of oil and gas reserves?

At Closing

Think Outside the Barrel

? Successful oil companies have to recognize that, long term, they’re in the energy business, not the oil business.

Bright Spots

Meet Fred Lawrence

IPAA's Fred Lawrence describes his work with John McCain in Asia and his work for U.S. energy producers.

Capital Markets

Betting on Equity

?Despite turbulent credit markets, a sinking economy and soaring prices, three energy investment pros say equity raises will be a good engine to drive E&Ps’ expected growth plans this year.

Company Briefs

Completions

E&P Momentum

Cretaceous Baxter Shale

A shale that's enjoying a shot in the arm is the Cretaceous Baxter in the Greater Green River Basin.

Eastern

Eastern U.S.

Explorations include Marcellus shale tests in southern Tioga County, N.Y. and Chattanooga shale in Alabama’s Blount County.

Exploration Highlights

Explorations from Alabama, Michigan, Illinois and more.

From the Editor-in-Chief

Gulf Coast

International Highlights

International Highlights

Highlights include Norway, Mexico and Brazil.

Legends

Chatting with Joe Foster

?Joe Foster advises fellow E&P leaders to have a “team focus.”

MidContinent & Permian Basin

Midcontinent & Permian Basin

Explorations in Kansas, Arkansas and more.

NewsWell

Technology Report

Laser Rock N'Roll

?Technology to cut reservoir rock with lasers is being tested.

Trends & Analysis

Deepwater Gulf of Mexico

Deepwater Gulf of Mexico leasing has garnered a whopping $3.7 billion in high bids so far in 2008.

Western US

Western Highlight

Highlights in ?Alaska’s North Slope, Humboldt County in Nevada and more.