Gary Evans has been racking up the frequent-flier miles as he travels from one roadshow presentation to another telling investors and analysts about his company's successes and plans for the future.
Oil companies expect that investments made in an in-house service company will be lower than the expenditures to be paid for the services of independent contractors. However, is this assumption correct?
Analysts say that the Utica Shale, which is nearly equal to the size of the Eagle Ford play in Texas, could become the third-largest shale play in the United States, producing as much as 250,000 to 500,000 barrels of oil a day.
Revenues in the second quarter of 2012 dropped sharply from the same quarter in 2011 – down $62.5 billion, or 20%, for the group of publicly-traded US-based companies track by Oil & Gas Journal and Oil & Gas Financial Journal.
Commodity price volatility has always been with us and is the single biggest variable in forecasting EBIT for non-integrated independent exploration and production companies.
It starts with complete visibility into all risk drivers combined with real-time analytics - this turns data into actionable information.
This month's column continues the theme we started in the October issue in which we discussed political and regulatory risk in the petroleum industry.
It is a commonplace of corporate law that officers and directors owe fiduciary duties to the business entities they serve.
PLS Inc. reports that oil and gas upstream M&A deal value in Q3 2012 increased around the world to $49.8 billion in 154 transactions (with values disclosed).
As every Texan knows, there are miles and miles of Texas. The same is true for Texas beaches. And while everybody loves the beach, not everyone respects the beach.
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