Author Archive

Reliance Goes For Three; Quicksilver In Sights

Monday, July 19th, 2010 Posted in Uncategorized | Comments Off

In its continued quest to take significant stakes in North American unconventional resources, India-based Reliance Industries is once again rumored to be targeting yet a third U.S. large ... Read more..

Reliance On The Prowl In The Eagle Ford?

Thursday, June 10th, 2010 Posted in Uncategorized | Comments Off

Word has leaked to the international press that Indian energy conglomerate Reliance Industries is stalking a joint-venture opportunity in the Eagle Ford shale. Specifically, looking to acquire a 40% piece ... Read more..

M&A Musings: Chandra Thinks Rumored Corporate Combos Farfetched

Friday, March 12th, 2010 Posted in Uncategorized | Comments Off

Hypothetical M&A combinations were the theme of the week, says Jefferies & Co. analyst Subash Chandra, with underperforming gas names as sellers and the majors buying. Except few of the combinations ... Read more..

Buzzed About Oilfield Service Consolidation

Tuesday, February 23rd, 2010 Posted in Uncategorized | Comments Off

With a deal like Schlumberger's announced acquisition of liquids partner and drillbit maker Smith International for some $11 billion (adding in debt), speculation abounds as to "Who's next?" Tudor, Pickering, Holt ... Read more..

Finding Value Beyond PDP

Tuesday, January 12th, 2010 Posted in Uncategorized | Comments Off

The value buyers now place on various reserves categories has changed dramatically from a few years ago, says Jefferies & Co.’s Bill Marko. At the peak, companies would pay 100% ... Read more..

Ready To Breath A Sigh Of Relief? Murray Says It Ain’t Over Til It’s Over

Monday, October 26th, 2009 Posted in Uncategorized | Comments Off

The sentiment amongst most in the upstream E&P world is that fall bank borrowing-base redeterminations will largely be a nonevent---in spite of fears to the contrary all summer. Most producers ... Read more..

The Impending Gas-Price Bubble And Why It Will Lead To E&P Consolidation

Tuesday, September 29th, 2009 Posted in Uncategorized | Comments Off

Analyst Dan Pickering stirred up debate at the A&D Strategies and Opportunities conference recently when he predicted natural gas prices would trend to $7.50 per Mcf in 2010, a far cry ... Read more..

Swing Shift: Carrizo’s Momentum Moves To Marcellus

Wednesday, July 22nd, 2009 Posted in Uncategorized | Comments Off

Barnett shale and Gulf Coast player Carrizo Oil & Gas has aggressively upped its stake in the Marcellus shale using funds from financial partner Avista Capital Partners to boost its ... Read more..

Who Put Out The Fire? Banks Soften On Killer Borrowing-Base Redeterminations For E&Ps

Monday, May 4th, 2009 Posted in Uncategorized | Comments Off

The highly dreaded season of semi-annual bank borrowing-base redeterminations has come and mostly gone with relatively few E&Ps getting the anticipated death knell. Many feared credit limits would be reset ... Read more..

So You Think A&D Is Slow? E&P Auctions Are Booming

Thursday, April 16th, 2009 Posted in Uncategorized | Comments Off

While the rest of the A&D community sits in a quiet circle, clearing their throats occasionally and waiting for someone to make the first move, the crew over at The ... Read more..

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