September 2012 – Oil & Gas 360

Demand Forces: Coal to Gas Switching, and LNG Export Plans

September 27, 2012

Every Thursday, EnerCom’s Oil & Gas 360® will deliver media stories, company updates, and research commentary covering the natural gas spectrum. The theme for this week: Demand Forces: Coal to Gas Switching, and LNG Export Plans. NATURAL GAS INVENTORY (Week Ended 9/21/12) Current: 3,576 Bcf Actual Injection/(Withdrawal): 80 Bcf Economist Average Estimate: 77 Bcf Previous: 3,496 Bcf Click here for

Brent and WTI – Which Way are They Headed?

September 26, 2012

Every Wednesday, EnerCom’s Oil & Gas 360® will deliver media stories, company updates, and research commentary covering the crude oil spectrum. The theme for this week: Brent and WTI – Which Way are They Headed? CRUDE OIL INVENTORY/’000 bbls (Week Ended 9/21/12) Current: 365,180 Actual Injection/(Withdrawal): (2,446) Economist Average Estimate: 882 Previous: 367,626 Click here for the chart with five

A View on Investing in Brazil Oil and Natural Gas Fields

September 20, 2012

Roberto Monteiro – Chief Financial Officer, OGX Petroleo e Gas Participacoes SA (OGXPY) Roberto Monteiro, new CFO and Investor Relations Officer of OGX was previously the Chief Financial Officer and Investor Relations Officer of OSX Brasil S.A., since 2009. From 1999 to 2009 Mr. Monteiro worked in América Latina Logísitca – ALL, where he served as Financial Manager – Brazil, Chief Financial Officer

Natural Gas and the Political Season

September 20, 2012

Every Thursday, EnerCom’s Oil & Gas 360® will deliver media stories, company updates, and research commentary covering the natural gas spectrum. The theme for this week: Natural Gas and the Political Season. NATURAL GAS INVENTORY (Week Ended 9/14/12) Current: 3,496 Bcf Actual Injection/(Withdrawal): 67 Bcf Economist Average Estimate: 65 Bcf Previous: 3,429 Bcf Click here for the chart with five

Look Out Below! Crude Oil Plunges

September 19, 2012

Every Wednesday, EnerCom’s Oil & Gas 360® will deliver media stories, company updates, and research commentary covering the crude oil spectrum. The theme for this week: Look Out Below! Crude Oil Plunges. CRUDE OIL INVENTORY/000 bbls (Week Ended 9/14/12) Current: 367,626 Actual Injection/(Withdrawal): 8,534 Economist Average Estimate: 433 Previous: 359,092 Click here for the chart with five year averages. CRUDE

Gulf of Mexico M&A Surging

September 18, 2012

According to Credit Suisse’s September 2012 research report titled “Oil: Fundamentals & US Oil Production Outlook,” U.S. Gulf of Mexico (GOM) production could increase by 700,000 barrels per day between 2012 and 2018. Super majors have long since realized the future oil potential within the Gulf of Mexico. The long lead times and huge amount of capital required to drill

A View on Offshore Namibia Exploration

September 14, 2012

Paul Welch, Chief Executive Officer – Chariot Oil & Gas (OIGLF) Paul has extensive oil and gas industry experience having worked for Shell International for 12 years, followed by a further eleven years with independent companies, most recently with Hunt Oil and Pioneer Natural Resources prior to joining Chariot Oil & Gas in October of 2009. Paul is an engineer

Oil – The Global Commodity

September 12, 2012

Oil – The Global Commodity Every Wednesday, EnerCom’s Oil & Gas 360® will deliver media stories, company updates, and research commentary covering the crude oil spectrum. The theme for this week: Oil – The Global Commodity. CRUDE OIL INVENTORY/000 BBLs (Week Ended 9/07/12) Current: 359,092 Actual Injection/(Withdrawal): 1,994 Economist Average Estimate: (2,268) Previous: 357,098 Click here for the chart with

PXP Goes Deep Purchasing $6.1 Billion of Gulf of Mexico Producing Properties

September 10, 2012

In two separate transactions, Plains Exploration and Production (ticker: PXP) purchased approximately 67,000 BOEPD (combined 84% oil and NGLs) of Gulf of Mexico production for $6.1 billion. The largest chunk, 59,500 BOEPD, was purchased for $5.5 billion from BP (ticker: BP). The remaining 7,400 BOEPD was purchased from Shell (ticker: RDS.B) for $560 million. PXP News Release BP News Release

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