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Majors Fail to Impress in First Quarter
Look at the results of the Majors released so far and you could be forgiven for thinking that they are pretty impressive. After all, reported net income for a group of integrated companies that have...
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On "Exploration Efficiency"
I just stumbled across BP’s last annual investor presentation. Back in March, BP was sounding bold and its presentation, some might muse, was slick. The slides are full of aggressive statements on cost...
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Oil and Gas Finding Costs on the Rise Again
Oil and gas finding costs are on the rise once more, according to the latest company data compiled by Evaluate Energy for the Major oil companies. Following a temporary lull in 2009 when spare...
View ArticleDeals of the Week: Pengrowth Makes $1.9 billion Move for NAL Energy Corp
In what was the biggest E&P deal of the week, fellow Canadian intermediate producers Pengrowth Energy and NAL Energy, combined to form a company which will reportedly be worth $6.6 billion. The...
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