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AN INTERVIEW WITH KEN HUSEMAN, PRESIDENT AND CEO OF BASIC ENERGY SERVICES
Mid-market companies should know that 2012 is shaping up to be a solid year for M&A activity
Multi-national corporations have long operated in foreign markets where a local partner or agent is required to lawfully conduct business.
The primary determinants of the value of an oil and gas company are its reserves, level of production, and commodity price at the time of assessment.
The Niobrara formation, sometimes called the Niobrara Chalk, has emerged as the second-hottest liquids-rich play in the Rockies after the Bakken Shale of North Dakota, Montana, and parts of several Canadian provinces.
Ranked by total gross revenue. Drilling contractors ranked separately.
It is home to the world's second largest non-public company by market value, with assets totaling U$ 417.75 billion; it has been the US' second or third biggest oil provider in the last three years with imports of more than 1 million bbl/d; as of 2010, it ranked seventh among world oil producers, ahead of Norway, the United Kingdom, Venezuela, Iraq, and Brazil; it is a stable and plural democracy with free trade agreements with all major economies; its oil and gas sector contributes to more than a third of the national government budget and 15% of its exports; and violence is actually lower than in its other three major Latin American oil and gas counterparts Colombia, Venezuela or Brazil. It's Mexico.
In the January issue, I asked OGFJ readers to give us their thoughts regarding a letter I received from a California resident who took issue with my comments about the aging workforce and rising shortages of qualified professionals, especially engineers and geoscientists, in the oil and gas industry.
About the size of the state of Maryland and with 16.7 million residents, the Netherlands can be considered a small country.
The largest deal of the 30-day period from mid-December to mid-January involves a Chinese firm and emerging North American unconventional plays.
Revenues in the third quarter of 2011 dipped 3% over the second quarter but were still up 23% over the same quarter in 2010 for the group of publicly-traded, US-based companies tracked by Oil & Gas Journal and Oil & Gas Financial Journal.
Baker Botts LLP has been an integral part of Houston's business community since 1840 when the firm's founder, Peter Gray, launched his law practice in the Republic of Texas. As Houston's economy grew, so did the firm.
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