Oil and Gas Investor Magazine - July 2014
Cover Story
Energy IPOs Accelerated In 2013
A total of 22 upstream and midstream IPOs last year generated "more than $12 billion in public market capital," said PLS Inc.
Feature
Drinking Water Study Might Impact Fracking Regulations
The EPA identified four uses for its study, but some said it could be "used as ammunition" for government regulations on fracking.
EIA Modifies Assessment Of Monterey/Santos Formation
Operators might "shy away" from the Monterey after the assessment was published in June.
Energy XXI Might Become GoM Shelf's 'Largest Public Pure-Play'
The larger Energy XXI now produces 62,000 barrels of oil equivalent per day on aggregate, 70% oil.
Examining A Groundbreaking Deal
GeoSouthern Energy Corp. is, by tradition, not prone to selling assets. Devon Energy Corp. has for the past few years been a reluctant buyer, patient and disciplined about what it acquires.
Industry Is 'Still Subject To Cycles'
The views of Martjin Rats and Adam Longson, analysts at Morgan Stanley, are a counterpoint to the view of a senior executive of a privately held exploration and production company.
Kinder CEO Discusses 'Success Story'
The MLP that Richard Kinder and partner Bill Morgan raised from the ashes of Enron Corp. less than 20 years ago is among the newly anointed “midstream majors.”
Recounting Gastar's 2013 Turnaround
Gastar had faced litigation from Chesapeake Energy Corp., which held "just under" 10% of its shares.
Reinvigorating A 'Tired' Field Pays Off For Treadstone
Frank McCorkle and his team saw potential in the Fort Trinidad Field.
Royalty Trusts Are Alternative To Private-Equity Fund Investments
Because few private-equity firms can hold great businesses for long periods, they typically form 10-year investment partnerships focused on exit strategies for the portfolio companies.
A&D Trends
A&D Activity Still 'Solid' After Strong 1Q 2014
Recent deals in the Eagle Ford, including one for $3.1 billion, have overshadowed smaller transactions.
At Closing
American Energy Partners Made Three Deals In June
Including an already-established position in the Mississippi Lime, in just a year AEP has built core positions of 560,000 net acres in four high-return unconventional plays.
Bright Spots
Discussing PetroCore's Strategy In The Permian
PetroCore LLC is among "a new crop of private-equity funded exploration and production companies" in the Permian.
E&P Momentum
Service Costs Could Rise Higher
"Capacity oversupply" in oilfield services "is changing as the first hints of service cost inflation appear in the oil patch."
From the Editor-in-Chief
Profiling The Industry's 'Big Men'
Jim Musselman, who runs Dallas-based Caelus Energy LLC, cooperated in the making of a recent documentary, "Big Men," about African oil development.
Legends
'Make Your Career An Adventure,' Advises Korell
Harold Korell attended his last annual meeting as chairman of Southwestern Energy Co. on May 20 and boarded a plane with wife Pat to Athens for a Mediterranean cruise.