Oil and Gas Investor Magazine - August 2003 August 1, 2003 Feature AN INDEPENDENT APPRAISAL Peggy Williams EAST TEXAS GAS MANUFACTURING Nissa Darbonne GREATER GREEN RIVER Brian Toal HAVE ROCKIES PIPELINE, WILL GROW Other INDEPENDENT RESEARCH Other SUSTAINABLE DEVELOPMENT Other Companies in This Issue Companies in This Issue Company Briefs Capital-provider news... Carrizo, Rocky form Pinnacle Gas Resources Other Morgan Stanley in on two large E&P buys Nissa Darbonne Purcell changing profile with purchase of BelAir Other U.S. M&A news Unit adds PetroCorp to E&P segment Other Completions THE VPP IS BACK E&P Momentum LEASING AND PERMITTING DATA Other Exploration Highlights EASTERN U.S. GULF COAST INTERNATIONAL HIGHLIGHTS Peggy Williams MIDCONTINENT & PERMIAN BASIN WESTERN U.S. From the Editor-in-Chief NATURAL GAS TANGO LESLIE HAINES New Financings New Financings - Equity/Debt table Rachel Otto NewsWell 'Asset intensity' surfaces as new measure of growth Nissa Darbonne Are earnings estimates too high for oil-service stocks Brian Toal Burlington revises its ability to grow, profitably Leslie Haines Canadians winning larger share of upstream financings Other RBS to bolster its producer-finance accounts to $1 billion Other Return on capital to drive M&A, capital-markets flow Brian Toal Shell, BP, ConocoPhillips in net-seller mode through year-end Nissa Darbonne On the Money THE ROCKIES ROCK Brian Toal Trends & Analysis Yield-Hungry Canadians Fund Royalty Trusts' Growth LESLIE HAINES