The number of oil and gas transactions was down in 2009, but deal values were up and analysts are forecasting a positive outlook for the industry in 2010.
Offshore exploration and appraisal activity dropped by more than 35% throughout 2009, according to the latest oil and gas industry figures released by Deloitte.
While nowhere near all-time highs, crude oil prices have stabilized somewhat and the industry is poised to repair balance sheets as cash flow recovers in2010. Gianna Bern of Brookshire Advisory and Research Inc. has penned The Brookshire Report: Oil and Gas Outlook with some insights into 2010.
While 2009 deal volumes were down considerably compared to 2008, with 1,916 energy and power deals completed in 2009 versus 2,351 in 2008, there are clear signs that a new wave of oil and gas transactions is emerging.
Do your own due diligence - Oil & Gas Financial Journal
... Therefore, investors should be certain that appropriate due diligence is conducted prior to placing money into an oil and gas investment. ...
Do your own due diligence - Oil & Gas Financial Journal
... Therefore, investors should be certain that appropriate due diligence is conducted prior to placing money into an oil and gas investment. ...
Jacobson, Wong join energy investment group at Raymond James - Oil ...
... Previously, he spent more than three years as an associate director with Scotia Waterous, the oil and gas investment banking arm for the Bank of Nova Scotia ...
Jacobson, Wong join energy investment group at Raymond James - Oil ...
... Previously, he spent more than three years as an associate director with Scotia Waterous, the oil and gas investment banking arm for the Bank of Nova Scotia ...
M&A leader says low valuations are driving activity - Oil ...
... Scotia Capital, we have become involved in the oil and gas investment banking business ... are the major obstacles to development of oil and gas resources in North ...
OGFJ provides petroleum industry managers, analysts and investors credible information about the most important financial developments of oil exploration, oil and gas investments, international and regional oil and gas information and more.
PennEnergy -- An aggregation of content from all PennWell Petroleum & Power brands and other industry sources, PennEnergy delivers original industry news, financial market data, in-depth research, maps, surveys, statistical data, and equipment/service information.
Web Site: www.pennenergy.com
Oil & Gas Journal -- First published in 1902, OGJ is the world's most widely read petroleum industry publication. Each week the Journal delivers the latest international petroleum news; analysis of issues and events; practical technology for design, operation and maintenance; and important statistics on international markets.
Web Site: www.ogj.com
Offshore -- First published in 1954, is a monthly publication recognized ast he worldwide leader for covering the key issues, trends and technology relative to offshroe oil and gas E&P operations.
Web Site: www.offshore-mag.com
Oil, Gas & Petrochem Equipment --The most complete source of "What's New" in oil industry products, equipment, systems and services for drilling, production, wellhead and refining since 1954.
Web Site: www.ogpe.com
February Bakken lease sale 2nd highest in North Dakota history ...
... the pace of drilling activity and portends a growing rig count in the play, which currently sits at around 80 rigs,” noted Madison Williams Equity Research. ...
Davy Jones discovery may herald new wave of drilling on GoM shelf ...
... According to Madison Williams Equity Research, stock prices of McMoRan, Energy XXI, and Plains Exploration & Production have gone up 51%, 38%, and 1 ...
Petrohawk sells WEHLU interest to private company for $175M - Oil ...
... Analysts with Madison Williams Equity Research say the transactions “yielded impressive results and are a step in the right direction toward the monetization ...
Optimizing the refinery supply chain can increase margins, ensure ...
... scenario. Most of the academic research in scheduling and operations research is focused towards batch processing. Traditionally ...
Joint venturing in the oil and gas industry - Oil & Gas Financial ...
... both risky and time consuming. Much research has been completed on the subject of JVs and their performance. The results are mixed ...
