
| Mariner Energy Inc. One Briar Lake Plaza, Suite 2000 2000 West Sam Houston Parkway Houston, TX 77042 Phone: 713-954-5558 |
Mariner Energy, Inc. is an independent oil and gas exploration, development and production company with principal operations in the Permian Basin and the Gulf of Mexico. Our headquarters are located in Houston, Texas, and the company also has offices in Midland, Texas, and Lafayette, Louisiana.
As of December 31, 2007, Mariner had approximately 836 billion cubic feet equivalent of natural gas (Bcfe) of proved reserves, of which approximately 54% were natural gas and 46% were oil, condensate and natural gas liquids. Total net production in 2007 was approximately 100 Bcfe, and net production averaged 275 million cubic feet equivalents of natural gas (MMcfe) per day.
Mariner has been in business since 1983. In March 2006, Mariner’s stock was listed and began trading on the New York Stock Exchange under the ticker symbol ME.
Domestic active with large private equity roleDomestically, PLS Inc. reports deal activity surging, mostly oil driven, with mean values of $105,000 per flowing boe and $16.00 per proved boe. |
Experts forecast 'strong period' for energy deal-making activityMany analysts, advisors, and M&A market participants see 2011 as a strong period for energy industry deal-making activity. OGFJ's Don Stowers explains. |
Revenues increase by 5%, Net income dips 4% in 4Q
Revenue nudged upwards by 5% in the fourth quarter of 2010 compared with the prior quarter and was up 12% over the fourth quarter of 2009 for the group of companies tracked by Oil & Gas Journal and Oil & Gas Financial Journal. Net income for this same group of companies fell by 4% compared to the prior quarter, but increased by 32% over the same quarter in 2009.
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Maxted succeeds Musselman as Kosmos CEO
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