Journal - Volume: 6 Issue: 2 February 2009

Oil & Gas Financial Journal provides petroleum industry managers, analysts and investors credible information about the most important financial developments of oil exploration, oil and gas investing, international and regional oil and gas information and more. OGFJ brings to the worlds of petroleum finance and investment the type of authoritative coverage that Oil&Gas Journal gives to industry operations and technology.

Current Issue

Cover Story
CARBO Ceramics’ focus: improving production rates
AN INTERVIEW WITH GARY KOLSTAD, PRESIDENT AND CEO OF CARBO CERAMICS.

Features
The Islamization of project finance in the Gulf states
The sub-prime crisis raging throughout the developed and developing world as of yet shows no sign of abating.

Despite challenging conditions, alternative energy has momentum
Business sectors worldwide are being impacted by the economic chaos that began early in 2008 and reached a crescendo in the fall and winter months.

Cap-and-trade is coming — with a vengeance!
How you and your company fare in the next few years will be determined in part by how you respond to regulatory challenges and your ability to understand and leverage the opportunities in this emerging new market.

Broader economic pressures could hamper gas pipeline financing, INGAA president warns
While US natural gas pipelines remain financially strong, broader economic conditions could challenge their ability to raise money to expand and maintain their systems, the Interstate Natural Gas Association warned on Jan. 14.

Third quarter income jumps 66% from 2Q08, up 112% from 3Q07
Financial results for the 156 publicly-traded US producers tracked in the OGJ200 report continued to rise in the 3Q08 as the economic malaise that had begun to grip the country earlier in the year had not yet trickled down to the oil and gas sector.

Bulge-bracket execution, boutique focus: ideas behind Pritchard Capital, Global Hunter merger
A bulge-bracket structure with a boutique focus is the vision behind the combination of Pritchard Capital Partners and Global Hunter Securities into Pritchard Global Hunter Securities.

Energy price volatility may require new solutions
The extreme price and supply volatility in global energy markets raises the prospect that the traditional risk management exposures and limits inherent in energy trading and risk management (ETRM) software may not be adequate.

Editor’s Comment
Moves by savvy energy investors could mean oil stocks on the rebound
Lately there has been some encouraging news that smart money is moving back into energy, although these investments tend to be cautious.

Capital Perspectives
Master limited partnerships as managers of private equity
This is the first of a two-part series on master limited partnerships (MLPs) and how they can use real estate investment trusts (REITs) in enabling private equity investment in energy projects and infrastructure.

Upstream News
SandRidge Energy works to become cash-flow positive by 2011
Oklahoma City-based, SandRidge Energy Inc., an independent oil and natural gas company, is working hard to increase liquidity in the current climate.

Industry Briefs
ATP sells certain North Sea assets to EDF for $365M
ATP Oil & Gas Corp. and its wholly-owned subsidiary ATP Oil & Gas (UK) Ltd. have closed the sale and purchase agreement for GBP 265 million (roughly US$365M) with EDF Production UK Ltd. (EDF), a subsidiary of EDF International of France, for certain of ATP’s UK assets in the North Sea.

Energy Players
Apache founder Raymond Plank retires after 54 years
Apache Corp.’s founder and chairman Raymond Plank, 86, retired recently after 54 years.

Beyond the Well
StatoilHydro, Houston Dynamo encourage “heroes of tomorrow”
For years StatoilHydro has been contributing time, money, and effort to what it deems the “heroes of tomorrow” — extraordinary kids with extraordinary talents in education, sports, and the arts.