Oil & Gas Financial Journal Articles, June 2009

Table of Contents

Editor's Comment

Prepare for another hurricane season

Last year Hurricanes Gustav and Ike ravaged the middle Gulf Coast and inflicted significant damage to the nation’s oil and gas infrastructure.

Capital Perspectives

Assessing the economic value in Valero-VeraSun transaction

On March 18, San Antonio-based Valero Energy, the nation’s largest independent refiner, announced it would buy seven ethanol plants (with a combined annual nameplate capacity of 780 million gallons per year) as well as a developmental site from bankrupt VeraSun Energy for $477 million.

Upstream News

ExxonMobil upgrades rig for Point Thomson drilling

ExxonMobil Production Co. has mobilized the drilling rig for the Point Thomson Project.

Cover Story

‘Unprecedented oversupply’ of natural gas coming this summer, says Marshall Adkins

AN INTERVIEW WITH MARSHALL ADKINS, MANAGING DIRECTOR, ENERGY EQUITY RESEARCH, RAYMOND JAMES

Features

Eyeing the Canadian banking system

Despite continuing recession, big Canadian banks beat analysts’ 2Q09 expectations.

How to keep from sinking in Canada’s oil sands

The dos and don’ts of cost reduction in the energy sector.

Pitfalls abound in Alaskan effort to make gas pipeline a reality

In attempt to bring its vast reserves of North Slope natural gas to market, the State of Alaska has provided inducements that may not only assure the project’s failure, it may ultimately cost the state nearly $2.5 billion.

Contract risk and compliance: Is stability possible in the current environment?

Minimizing contract risk and increasing contract compliance used to be one of those topics that elicited mild interest at best from oil and gas executives.

OGFJ, CanOils present 2008 year-end data, analysis on Canadian firms

Despite last year’s high oil prices, the top 100 Canadian producers barely managed to maintain output levels in 2008.

Industry Briefs

Linn Energy LLC closes $1.75B credit facility

Independent oil and gas development and acquisition company Linn Energy LLC has entered into a new $1.75 billion secured revolving credit facility with a $1.75 billion initial borrowing base, with BNP Paribas as administrative agent; Royal Bank of Canada as syndication agent; and Barclays, Calyon, Citibank and Royal Bank of Scotland as co-documentation agents.

Energy Players

Weaver and Tidwell taps new leader

Accounting firm Weaver and Tidwell LLP has named Tommy Lawler managing partner and CEO. Kerry Caves has been appointed to the COO position previously held by Lawler.

Beyond the Well

Recognizing growing hardships, Dominion donates $1 million to healthcare

Dominion Foundation, the philanthropic arm of Dominion Resources, was founded as a way for the company to lend a helping hand.

Current Magazine

Volume 6
Issue 6
June 2009