Equity Company Exchange / Symbol Headquarters Amount Comments Hanover Compressor Co. (NYSE: HC) Houston US$88 million Sold 2.5 million common shares at $35.15 each. Selling stockholders sold an additional 7.5 million shares. The stock offering was managed by Goldman, Sachs & Co., Credit Suisse First Boston, Salomon Smith Barney, JPMorgan, Dain Rauscher Wessels, First Union Securities Inc. and Allen & Co. Energy Savings Income Fund (Canadian Venture: SIF.UN) Toronto C$110 million Is planning an IPO of 11 million trust units at C$10 each. The offering was expected to close by May 2. The underwriters have been granted an overallotment option to purchase up to 1.1 million units. The underwriting syndicate is CIBC World Markets Inc., National Bank Financial Inc., Canaccord Capital Corp., Dundee Securities Corp. and Trilon Securities Corp. NCE Resources Group (Amex: NCN) Toronto C$74.8 million Has issued 13.6 million trust units at C$5.50 each. Proceeds will initially be used to reduce credit facility debt. Dundee Securities Corp., National Bank Financial Inc., Canaccord Capital Corp., Raymond James Ltd. and Yorkton Securities Inc. were agents. Transocean Sedco Forex Inc. (NYSE: RIG) Houston US$1.3 billion Has privately placed $700 million of 6.625% notes due 2011 and $600 of 7.5% notes due 2031. At closing, the 6.625% notes will be issued at 99.5% of the principal, less an underwriting discount of 0.65%, and the 7.5% notes will be issued at 99.5% of the principal, less an underwriting discount of 0.875% of the principal amount. Proceeds will fund the purchase of the 11.38% senior secured notes due 2009 of RBF Finance Co. by R&B Falcon Corp. Anadarko Finance (NYSE: APC) Houston US$1.3 billion A unit of Anadarko Petroleum Corp. (NYSE: APC) has sold two-part debt in the 144a private placement market as part of the company's financial restructuring plan following the Berkley Petroleum Corp. acquisition. The deal consisted of $400 million in 6.75% coupon 10-year notes and $900 million in 7.5% coupon 30-year notes. The size of the 30-year note sale was increased to $900 million from an originally planned $800 million. Credit Suisse First Boston was sole lead-manager. Chesapeake Energy Corp. (NYSE: CHK) Oklahoma City US$800 million Has privately placed senior notes due 2011 to lower the interest rate and extend the maturity of approximately 74% of its senior notes. Proceeds will go to fund the redemption of its existing $120 million of 9.125% senior notes due 2006, $500 of 9.625% senior notes due 2005 and $202.5 million of 11.125% senior secured notes due 2005 that belonged to Gothic Production Corp. Petrobras (NYSE: PBR) Rio de Janeiro, Brazil US$500 million Brazil's state oil giant has reopened its U.S. commercial paper program by placing an issue of one-year paper in the market, according to Reuters. The company said that the money will be used for imports of oil and oil products. Nineteen financial institutions from 10 countries have subscribed to the issue, according to the company. Diamond Offshore Drilling Inc. (NYSE: DO) Houston US$460 million Has privately placed its 1.5% 30-year convertible senior debt due 2031. This amount includes $60 million sold pursuant to an overallotment option. The debt will be convertible into Diamond Offshore common stock. Oneok Inc. (NYSE: OKE) Tulsa, Okla. US$400 million Has sold 10-year senior notes. The size of the deal was increased from an originally planned $300 million. The notes mature on March 15, 2011. Lead manager was Banc of America Securities LLC. CMS Energy Corp. (NYSE: CMS) Dearborne, Mich. US$350 million Has priced its 8.5% senior notes due 2011. Proceeds will be used to pay debt. The lead underwriter on the sale is Credit Suisse First Boston. Callon Petroleum Co. (NYSE: CPE) Natchez, Miss. US$225 million Plans to sell senior notes due 2008. The notes will be noncallable for the first four years. Proceeds will be used to redeem Callon's senior subordinated notes due in 2002 and 2004, for senior credit facility reduction, capital expenditure financing and general corporate purposes. Magnum Hunter Resources Inc. (Amex: MHR) Irving, Texas US$225 million Plans to receive a senior bank credit facility, of which $112.5 million is available under the current borrowing base. The new facility consolidates and replaces two existing credit facilities with Magnum Hunter and Bluebird Energy Inc., a subsidiary, with a combined borrowing base of $90 million. The new facility provides additional liquidity to Magnum Hunter of $22.5 million. The facility will be funded by five financial institutions, led by Bankers Trust Co., as administrative agent, Canadian Imperial Bank of Commerce, as syndication agent, and BNP Paribas as collateral agent. Pogo Producing Co. (NYSE: PPP) Houston US$200 million Has privately placed senior subordinated notes due 2011. Proceeds will be used to pay revolving-credit-facility debt. The notes have an 8.25% coupon, with interest payable on April 15 and Oct. 15. debt Patina Oil & Gas Corp. (NYSE: POG) Denver Up to US$25.3 million Patina's $12.50 warrants issued in May 1996 in connection with the Gerrity acquisition, will expire in approximately four weeks. Each warrant entitles the holder to purchase a fully paid and nonassessable common share for $12.50 each. Patina's stock closed at $26.14 on April 27. Derek Resources Corp. (Canadian Venture: DRS) Vancouver C$28.7 million Has privately placed 1.43 million units comprised of one common share and one common share purchase warrant at C$0.42 each. Each purchase warrant is exercisable into one common share at C$0.53 each for two years. A finder's fee of 117,130 units is payable on the placement. Proceeds will be used for working capital at the LAK Ranch Steam Assisted Gravity Drainage Project in Weston County, Wyo. Ketch Energy Ltd. (Canadian Venture: EEC) Calgary C$18.75 million With a syndicate of investment underwriters led by TD Securities Inc. and Griffiths McBurney & Partners, plans to issue 2.5 million special warrants at $7.50 each. Each special warrant is exchangeable into one Ketch common share for no additional consideration. Ketch has also granted the underwriters an option to purchase an additional 500,000 special warrants at C$7 each. Proceeds will fund a portion of the acquisition of Post Energy Corp. Thunder Energy Inc. (Toronto: THY) Calgary C$7 million Has entered into a special-warrant bought-deal financing with an underwriting syndicate led by Griffith McBurney & Partners and including FirstEnergy Capital Corp., Haywood Securities Inc. and Canaccord Capital for 1.4 million special warrants to acquire one Thunder common share at C$5. The underwriters have a greenshoe option of up to 600,000 additional warrants, which would increase the offering to C$10 million. Proceeds will pay for the drilling of 15 additional gas locations and three additional horizontal oil locations during the second and third quarters. Chancellor Group (OTC BB: CHAG) Los Angeles US$5 million Has obtained an equity investment commitment from Barkley Finance Corp. The funding will flow to the company during two years. Chancellor received the first $50,000 and expects to receive a further $120,000 within 30 days. Further funding will begin on completion of a registration statement. Proceeds will fund completion of the development of the Shinkle property in Greenwood County, Kan., the drilling of the first production wells at the Glass Mountain gas project in Texas and the restoration of title to gas properties in Kentucky. Aventura Energy Inc. (Canadian Venture: AVR) Calgary C$5.2 million Plans to privately place up to 28.9 million units consisting of a common share and a common share purchase warrant at C$0.18 each. Each warrant will entitle the acquisition of one common share at C$0.25 for one year from closing. Also, Aventura has agreed to grant Vermilion Resources Ltd. and Avenir Capital Corp. 2.1 million and 800,000 finance units, respectively, consisting of a common share and a warrant, in consideration for technical, financial and advisory services provided. Each warrant will entitle the acquisition of one common share at C$0.25 for a year. Vermilion will have the opportunity to appoint two nominees to the board. Proceeds will cover seismic and drilling costs associated with two wells in Argentina and the third Trinidad commitment well. APF Energy Trust (Toronto: AY.UN) Calgary C$4.3 million Has issued an additional 430,500 trust units at C$10 each due to an overallotment option relating to its equity issue. Together with the 2.9 million units issued on March 1, the total number of units issued is 3.3 million for proceeds of C$33 million. Invader Exploration (Canadian Venture: INX) Calgary C$2.85 million Plans to privately place 9.5 million units consisting of a common share and a warrant to purchase a common share at C$0.35 each for one year at C$0.30 each. Aspen Group Resources Corp. (OTC BB: ASPG) Oklahoma City US$1.8 million Has privately placed 1.2 million special warrants at $1.50 each. Each warrant is exchangeable for one common share and a half purchase warrant exercisable at $1.80 for two years. Proceeds will fund acceleration of gas-drilling activities. Touchstone Resources Ltd. (Canadian Venture: TUT) Houston US$1.5 million Has amended its private placement. Canaccord Capital Corp. will assist the in placement which will now consist of up to 644,444 units, of one share and one share purchase warrant, at $2.25 each. Each warrant will entitle the purchase of one additional share for one year at $2.40 each. Touchstone will pay Canaccord a 10% commission and issue them up to 161,111 agent's warrants exercisable at one share for $2.40 for one year. Osprey Energy Ltd. (Canadian Venture: OEL) Halifax, Nova Scotia C$1.6 million Has plans to privately place 1.5 million units consisting of one common share at C$0.75 each and one 12-month warrant exercisable at C$1 each. The company also plans to issue 600,000 flow-through units consisting of one share and one share purchase warrant exercisable for 12 months at $1 per share, at C$0.75 each. Bearcat Explorations Ltd. (Canadian Venture: BEA) Calgary C$1.3 million Plans to privately place 3.5 million common voting shares in capital stock. One placement is for 1.8 million shares at C$0.33 each and the other is for 1.7 million shares at C$0.40 each. Proceeds will be used in the drilling and completion activities of Stampede in the Turner Valley area of southwestern Alberta. Canadian Blackhawk Energy Inc. (Canadian Venture: CBZ) Calgary C$500,000 Plans to privately place up to 2.5 million flow-through special warrants at C$0.20 each. Each warrant will be convertible into a common share. Proceeds will fund participation in a drilling program of exploitation drilling prospects on both existing lands and assets owned by the company. This private placement replaces a previous intended offering announced in November 2000. Lexxor Energy Inc. (Canadian Venture: LXX.A) Calgary C$500,000 Has increased its private placement of flow-through shares from 1 million class A shares to 1.3 million. The shares will be offered at C$0.40 each. Proceeds will be added to working capital and used for development drilling in Alberta and Saskatchewan. Fossil Bay Resources Ltd. (Canadian Venture: FBR) Dallas NA Has withdrawn a proposed brokered private placement with Canaccord Capital Corp. that was to be worth C$2 million in gross proceeds.