Recently added articles from Oil & Gas Investor:

What's New

May 01, 2008; Payne, Stephen ... In the dynamic space of energy capital providers, people and companies are always on the move. Here's a look at some new names and faces in the past year. E&P companies had plenty of opportunities to access capital in 2007, with private equity fueling plenty of start-ups and IPOs in ...

COSCO CAPITAL MANAGEMENT LLC

May 01, 2008; Anonymous ... CORPORATE SUMMARY: COSCO Capital Management LLC over the past sixteen years has become a leading advisor to professional investors in the energy sector and the foremost agent for private placements for small and mid-cap private and public energy companies in the US and Canada. Through ...

RIDING THE COMMODITY WAVE

May 01, 2008; Haines, Leslie ... What financial crisis? Executives heading up E&P, midstream and oil service firms need have little fear that the ongoing credit crunch on Wall Street will harm their capital-raising efforts in 2008. Yes, debt may be a little harder to come by, and for some, it may cost a few more basis ...

Record capital available raises the bar

May 01, 2008; Clouser, Gary ... Three private-equity providers share their views on the opportunities ahead. The pile of private-equity dollars available for financing exploration and production, midstream and service companies has never been larger. In the 2007-2008 cycle alone, private-equity funds ...

Funding Offshore E&P

May 01, 2008; Chang, Ellen ... ES&P firms that focus on offshore drilling and production are finding various methods to finance acquisitions or accelerate their drilling programs. Commercial banks and private equity providers are not adverse to taking an interest in Gulf of Mexico exploration and development, even though ...

Tracinda takes stake in Delta Petroleum

May 01, 2008; Chang, Ellen ... Famed investor Kirk Kerkorian has closed on his first direct oil and gas investment, enabling Delta Petroleum to jumpstart its Paradox Basin promise. Funding for exploration and development companies usually comes from traditional means such as industry partners, commercial bank loans, ...

Regional credit no problem

May 01, 2008; Clouser, Gary ... Bullish energy lenders have increased their price decks. They are also buying discounted energy loans from money-center banks. Despite the credit morass that has hit the behemoth New York-based money-center banks the hardest, regional energy banks report having capital available to ...

LNG IMMUNIZATION

May 01, 2008; Darbonne, Nissa ... A weaker U.S. dollar is keeping the LNG away. Many commentators and analysts continue to hypothesize about the odds of increased U.S. imports of liquefied natural gas this year and next. It's quite simple: As long as the U.S. dollar is weak and demand for natural gas across the Atlantic ...

TOP 10 CREDIT ISSUES

May 01, 2008; Stell, Jeannie ... Credit-rating and research firm Standard & Poor's reports on the Top 10 trends in the oil and gas industry that will affect credit quality in 2008-both up and down. No. 1 Not surprisingly, the first is strong oil prices. West Texas Intermediate prices have been volatile, but a drop ...

CELEBRATING CRUMMY ROCK

May 01, 2008; Haines, Leslie ... The higher the price of oil and gas goes, the better looking the crummy rocks are. Kind of like that last dance at closing time. At this spring's investment conferences, the bulls were running, mostly spurred by the roaring success of shale plays, increasing drilling budgets and ...

OIL VS. UNCONVENTIONAL GAS

May 01, 2008; Darbonne, Nissa ... It seems to pay more to be an unconventional-gas player, according to research by Ben Dell, senior analyst for Bernstein Research. Dell analyzed 2008 stockprice performance through March 24 for 12 North America-based producers. Six of the producers are predominantly oil-weighted (60% or more of ...

REGIONAL SPOTLIGHT: ARK-LA-TEX

May 01, 2008; Finnie, Shaun; Cecil, David; Goodisman, Adrian ... The Ark-La-Tex region covers 124,000 square miles, and is defined by mature, long-lived production and substantial remaining resource potential. Production is approximately 9.6 billion cubic feet equivalent (Bcfe) per day, 89% gas. It holds the second-largest remaining resource potential in the ...

With oil supply weak, global demand strong, is new norm $100?

May 01, 2008; Toal, Brian A ... Conventional wisdom has long suggested that speculators have been the culprits in driving global oil prices to stratospheric heights. But after crude prices hit an early April 2008 high of $112 and averaged just shy of $100 for first-quarter 2008, this conclusion may need to be ...

Wall Street financial earthquake of staggering proportion

May 01, 2008; Stell, Jeannie ... "Life is very good in happy downtown Houston," says John E. Olson, managing partner for Houston-based Pool Capital Partners LLC. oil prices have gone from $60 to $113 in the past seven months and gas is trading at more than $9. "Meanwhile, 1,500 miles away, up in New York City, we've had ...

Smart acreage accumulation is key to play success

May 01, 2008; Toon, Steve ... "You have to be willing to pay the rate to play the game if you're going to be successful (in a resource play)," says Petrohawk Energy Corp. executive vice president Steve Herod. "It doesn't do any good to be second on every lease. It's like being last." Herod spoke at A&D-The ...

Old is new again, as Texas is 'the hottest thing'

May 01, 2008; Stell, Jeannie ... Old is new again, according to Terrance L. McGiIl, president of Enbridge Energy Co. Inc. "About 120 years ago, Texas was the hottest thing going in the oil and gas industry. That is true again today, with the development of the Texas, Permian, Anadarko, Fort Worth, East Texas and Gulf ...

Well-service rig fundamentals, ratings improving

May 01, 2008; Toal, Brian A ... In tandem with the recent rebound in the OSX (oil Service Index), the U.S. well-service rig outlook is also getting brighter. Currently, there are about 3,600 marketable well-service rigs throughout the country, following the addition last year of about 250 net rigs, says Pierre E ....

Political risk in U.S. is now greatest risk to energy industry

May 01, 2008; Haines, Leslie ... Political risks are higher now than any other risks to the U.S. oil and gas business. Presidential candidates and current members of Congress need look no further than Alberta to see how imprudent government actions can slow down oil and gas drilling-and threaten production, according to Larry ...

All-in F&D costs dropped dramatically in 2007 to $2.52/Mcfe

May 01, 2008; Stell, Jeannie ... All-in oil and gas finding and development (F&D) costs declined to $2.52 per thousand cubic feet equivalent (Mcfe) in 2007, down from $3.19 in 2006, representing a 20% decline, according to Calyon Securities (USA) Inc. analyst Jeb Armstrong. His analysis was of results among a ...

Everything is in play in quest to find unconventional plays

May 01, 2008; Toon, Steve ... In the race to acquire positions in unconventional-resource plays, "everything is in play right now," according to Stephen Trammel, senior product manager of new product development for IHS Inc. Across the U.S., "we're not leaving any stone unturned," he told more than 700 attendees at ...