Oil and Gas Investor Magazine - May 2006 May 1, 2006 Feature BEFORE INVESTING G. Warfield Hobbs DEEP WATER DELIVERS Peggy Williams FREEING ROSETTA Taryn Maxwell GETTING THE NUMBERS RIGHT Bill Kimble GOOD NEIGHBOR Leslie Haines GULF OF MEXICO INSURANCE Mel Causer MIDSTREAM MAGNET Bertie Taylor STAYING OUT Brian A. Toal Headlines Bankers Acquires Unconventional U.S. Assets From Vintage Cano Increases Its Assets In Texas Panhandle Field Denbury Plans Northern Louisiana Expansion Devon To Buy Chief For $2.2B Endeavour Plans North Sea Purchase From Talisman EPL Counters Plains' Bid For Stone Geocan Plans To Increase Its Alberta Presence Kinder Morgan Investors Plan Management Buyout Lukoil To Acquire Marathon's Western Siberian Assets Noble Sells GOM Assets To Coldren Resources For $625 Million Penn Virginia Plans Aquisition Of Crow Creek Holding Petro-Canada Makes Unsolicited Offer For Canada Southern Petroleum Pinnacle Files A $276.1 Million 144A Placement Range Resources Plans To Buy Rival For $456 Million Shell Canada To Acquire BlackRock For C$2.4 Billion Tom Ward To Acquire Majority Share of Riata Companies in This Issue Company Index Company Briefs Additional news Hydro reports staffing challenges post-Spinnaker Nissa Darbonne M&A News Pogo wins Latigo for $750 million Bertie Taylor Completions Long-Lived Reserves Nissa Darbonne, Executive Editor E&P Momentum Loop Currents and Hurricanes Peggy Williams Editors Comment AAPG Speakers Debate How To Hike World Oil Supply Vs. Not Using Oil Leslie Haines Deepwater Delivers Peggy Williams Defaults A Possibility Brian A. Toal Global Oil Demand Risk For 2006 Surfaces With IEA Report Brian A. Toal High Oil Prices May Continue For At Least Five More Years Leslie Haines Howard Weil Presenters Expecting Production Growth In 2006 Leslie Haines Improved Industry Image Needed To Replenish E&P Workforce Taryn Maxwell Jana's New Target Nissa Darbonne London AIM Debunking The Myth Of The Easy IPO Bertie Taylor Survey: Gulf Of Mexico Assets Are The Most Expensive In The World Nissa Darbonne The Great Commodity Squeeze Leslie Haines WoodMac: Expected LNG Supply To U.S. Is Stabilizing Bertie Taylor Exploration Highlights Eastern U.S. Other Gulf Coast Other International Highlights Peggy Williams Midcontinent and Permian Basin Other Western U.S. Other From the Editor-in-Chief The Great Commodity Squeeze Leslie Haines New Financings Equity/Debt Table Other NewsWell AAPG speakers debate how to hike world oil supply vs. not using oil Leslie Haines Gas production mix changing in Western Canada Peggy Williams Goldman: High oil prices may continue at least five more years Leslie Haines Howard Weil presenters expecting production growth in 2006 Leslie Haines King: Gas prices should regain strength during 2006 Taryn Maxwell London AIM debunking the myth of the easy IPO Bertie Taylor Survey: Gulf of Mexico assets are the most expensive in the world Bertie Taylor WoodMac: Expected LNG supply to U.S. is stabilizing Bertie Taylor On the Money Defaults a Possibility Brian Toal Trends & Analysis First-quarter Results Bertie Taylor