John S. Herold Inc., the trusted independent research firm, has once again provided OGFJ with updated production data for our periodic ranking of US-based private E&P companies. These rankings are based on operated production only within the United States.
GP Investments Ltd., the largest Latin American private equity firm, based in São Paulo, Brazil’s industrial capital, has acquired Pride International Inc.’s land drilling rigs operating in the region for US$1 billion. The transaction closed on Aug. 31.
BPZ Energy’s stated corporate mission is threefold: a) to capitalize on overlooked and under-utilized oil and gas reserves in a way that would benefit local communities, the host country, and shareholders; b) to apply advanced technologies in a cost-effective and environmentally safe manner; and c) to establish a leading presence in South American energy ventures. How have you done so far?
Has the world seen the last of sub $30/bbl oil? What is guiding the new crude price? Do we really know how to forecast or do we rationalize after the fact?
Whenever politicians open their mouths, expect to hear a lot of nonsense. Nowhere is that adage more true than when they are railing against the oil and gas industry
