Oil and Gas Investor Magazine - April 2007 April 1, 2007 Feature DEAR WALL STREET Bertie Taylor FACING THE FINANCIAL CHALLENGES OF SUCCESS Deborah Stavis MIDSTREAM MERGER OUTLOOK Leslie Haines SAVVY SERVICE SEER Brian A. Toal SOUTH LOUISIANA RALLY Peggy Williams TAKE TWO Taryn Maxwell TAX-ADVANTAGED TRUST Brian A. Toal THE HANGOVER Taryn Maxwell THE OIL SANDS' COST Conor Bint and Pauline Dingwall Headlines American Real Estate To Sell Its Interest In SandRidge Basic Closes Sledge Drilling Acquisition BP To Acquire All Of Occidental's Pakistani Assets Callon Acquires Interest In GOM Field From BP Continental Alloys Acquires Two Oilfield Businesses Dana Petroleum To Acquire Devon's Egyptian Assets Dune To Acquire Goldking Energy Eagle Rock To Acquire Upstream Assets In 17 States Encore Closes Williston Basin Acquisition From Anadarko Energy XXI Plans To Acquire Gulf Of Mexico Assets From Pogo ENI To Acquire Dominion's Gulf Assets Enterra Closes Acquisition Of Trigger EV Energy And EnerVest Plan To Acquire Texas Assets From Anadarko ExxonMobil Names Albers Senior Vice President Former IPAA President Lloyd Unsell Dies Legacy To Acquire Assets In Texas And New Mexico Penn West Closes Alberta Acquisition Pioneer Plans To Form Two MLPs Plains To Acquire Colorado Assets Range Sells Gulf Of Mexico Shelf Assets Range To Equalize Interests In Nora Field With Equitable Shell Acquires Balance Of Interest In Shell Canada Shell Closes Acquisition Of Shell Canada Statoil To Acquire North American Oil Sands For C$2 Billion Superior Acquires Advanced Oilwell Services Teck Cominco To Acquire 50% Interest In Lease 14 From UTS The Exploration Co. Closes Output Exploration Acquisition Company Briefs Additional news Energy Partners off block; will buy back stock International news M&A news Pogo relents under Third Point pressure SandRidge receives rating; plans 144A notes offering Service & Supply news Completions ASSET PRICES Nissa Darbonne, Executive Editor E&P Momentum THE LOUISIANA COAST Peggy Williams, Senior Exploration Editor Editors Comment Canadian Fund-Raising Slows As Trusts Step Aside To Reassess Capital Access Stephen Payne Ernst & Young Expects Fewer London AIM Listings By Year-End Bertie Taylor Ex-Mitchell Energy Geologist Says Floyd/Neal Shale Play Needs A Lead Operator Nissa Darbonne Globalization Leslie Haines Merrill Lynch Petrie Expects M&A Pace To Take Short Breather Leslie Haines MLP Momentum Brian A. Toal Most Independents Report Year-End Gains In Production, Reserves Bertie Taylor National Oil Companies Must Address New Risks As They Expand Globally Leslie Haines Producers Say Natural Gas Must Be At Least $5/Mcf To Keep Production Level Bertie Taylor Providing Its Own Field Services Is Widening Pioneer's Margins Nissa Darbonne Reserve Purchasers Aim To Be Net Buyers In 2007, According To Survey Nissa Darbonne South Louisiana Rally Peggy Williams Take Two Taryn Maxwell Tax-Advantaged Trust Brian A. Toal The Louisiana Coast Peggy Williams The Oil Sands' Cost Conor Bint and Paulette Dingwall Exploration Highlights EASTERN U.S. GULF COAST INTERNATIONAL HIGHLIGHTS Peggy Williams MIDCONTINENT & PERMIAN BASIN WESTERN U.S. From the Editor-in-Chief GLOBALIZATION LESLIE HAINES New Financings New Financings NewsWell 'RODD' metric better evaluates upstream economics, stocks Brian A. Toal Big land grabs in unconventional gas plays may be over Don Lyle and Leslie Haines Buysiders cautious; E&P companies and market-maker bullish Brian A. Toal Buysiders cautious; E&P companies and market-maker bullish Brian A. Toal Canadian fund-raising slows as trusts step aside to reassess Stephen Payne Canadian fund-raising slows as trusts step aside to reassess Stephen Payne Credit quality a concern for U.S., Canadian producers; Europe okay Bertie Taylor Credit quality a concern for U.S., Canadian producers; Europe okay Bertie Taylor Energy geologist says Floyd/Neal shale play needs a lead operator Nissa Darbonne Energy geologist says Floyd/Neal shale play needs a lead operator Nissa Darbonne Ernst & Young expects fewer London AIM listings by year-end Bertie Taylor Ernst & Young expects fewer London AIM listings by year-end Bertie Taylor Gas-hydrate production may come online in five to 10 years Peggy Williams and Bertie Taylor Gas-hydrate production may come online in five to 10 years Peggy Williams and Bertie Taylor Libyan operators facing hurdles in bringing projects online Oil and Gas Investor This Week Libyan operators facing hurdles in bringing projects online Oil and Gas Investor This Week Merrill Lynch Petrie expects M&A pace to take short breather Leslie Haines Merrill Lynch Petrie expects M&A pace to take short breather Leslie Haines Most independents report year-end gains in production, reserves Bertie Taylor National oil companies must address new risks as they expand globally Leslie Haines National oil companies must address new risks as they expand globally Leslie Haines NOCS to supply most of world's oil in coming decades Oil and Gas Investor This Week NOCS to supply most of world's oil in coming decades Oil and Gas Investor This Week Producers say natural gas must be at least $5/Mcf to keep level Bertie Taylor Producers say natural gas must be at least $5/Mcf to keep level Bertie Taylor Providing its own field services is widening Pioneer's margins Nissa Darbonne Providing its own field services is widening Pioneer's margins Nissa Darbonne Rees-Jones suggests plays may still have room for new entrants Leslie Haines and Nissa Darbonne Reserve purchasers aim to be net buyers in 2007, survey says Nissa Darbonne Reserve purchasers aim to be net buyers in 2007, survey says Nissa Darbonne Rosier industry outlook seen by firms at Simmons conference Leslie Haines Rosier industry outlook seen by firms at Simmons conference Leslie Haines S&P says IOCs need to adapt to new market realities Oil and Gas Investor This Week S&P says IOCs need to adapt to new market realities Oil and Gas Investor This Week U.S. government aims to replace its reserves in 2007, expand SPR Oil and Gas Investor This Week U.S. government aims to replace its reserves in 2007, expand SPR Oil and Gas Investor This Week World holds 3.6 trillion BOE of unconventional resources Peggy Williams World holds 3.6 trillion BOE of unconventional resources Peggy Williams On the Money MLP MOMENTUM BRIAN A. TOAL, SENIOR FINANCIAL EDITOR MLP MOMENTUM BRIAN A. TOAL, SENIOR FINANCIAL EDITOR Trends & Analysis MAJOR RESULTS Bertie Taylor MAJOR RESULTS Bertie Taylor
