Equity Company Exchange / Symbol Headquarters Amount Comments Whiting Petroleum Corp. NYSE: WLL Denver US$218 million Sold 7.5 million common shares at US$29.02 each to pay a portion of bank debt, which was incurred to fund recent acquisitions. Merrill Lynch & Co. was offering manager. Paramount Resources Ltd. Toronto: POU Calgary C$57.5 million Sold 2.5 million common shares at C$23 each. FirstEnergy Capital Corp., BMO Nesbitt Burns Inc., Canaccord Capital Corp. and GMP Securities Ltd. were underwriters. Proceeds will be used to reduce debt and for capital expenditures, acquisitions and working capital. Pan-Ocean Energy Corp. Ltd. Toronto: POC St. Helier, Jersey, U.K. C$30.8 million Sold 1.5 million class B subordinate voting shares at C$20.50 each. The offering was co-led by GMP Securities Ltd. and Haywood Securities Inc. and included Jennings Capital Inc. and Research Capital Corp. Proceeds will fund exploration and development in Gabon and general corporate purposes. Transmeridian Exploration Inc. OTCBB: TMXN Houston US$25 million Privately placed 1,785 shares of series A cumulative convertible preferred stock at US$14,000 each to fund general corporate purposes, including development drilling in the South Alibek Field, Kazakhstan, and to pursue growth opportunities. Westside Energy Corp. OTCBB: WEGC Houston US$18.5 million Sold 10 million common shares at US$2 each to 48 accredited investors to reduce debt, acquire leases, and fund exploration, development and working capital. Connacher Oil and Gas Ltd. Toronto: CLL Calgary C$20.25 million Plans to privately place 30 million common shares at C$0.475 each and up to 10 million flow-through shares at C$0.60 each. Dominick & Dominick Securities Inc. is agent. Proceeds will provide working capital and fund exploration and development at its Great Divide oil-sands project in northeastern Alberta and on conventional properties at Battrum and Tompkins, southwest Saskatchewan. Superior Energy Services Inc. NYSE: SPN Harvey, La. C$17 million Sold an additional 1.5 million common shares at C$12.25 each to cover overallotments. Jade Energy Services Inc. NA Calgary C$15 million Privately placed stock to fund the purchase of equipment for its water-hauling and drilling-waste disposal business, fund the purchase of high-rate nitrogen-fracing equipment, retire bank debt and for general corporate purposes. CNCB Capital Corp. and Tiger Capital Advisors Inc. were advisors. Caribou Resources Corp. Toronto Venture: CBU Calgary C$14.9 million Plans to place up to 5.1 million common shares at C$2.05 each and up to 1.8 million flow-through common shares at C$2.55 each to fund exploration, development and working capital. Dominick & Dominick Securities Inc. is lead agent, and Nova Bancorp Securities Ltd. and First Associates Investments Inc. are also agents. Petro-Canada Toronto: PCA; NYSE: PCZ Calgary US$400 million To sell 5% notes due 2014 to pay bank debt incurred to acquire Prima Energy Corp. Citigroup and JPMorgan are joint book-running managers. Petrohawk Energy Corp. Nasdaq: HAWK Houston US$250 million Received bank financing led by BNP Paribas to fund the purchase of Wynn-Crosby. Hornbeck Offshore Services Inc. NYSE: HOS New Orleans US$225 million Plans to privately place senior notes due 2014 to fund retirement of 10.63% senior notes due 2008, pay related fees and expenses and for general corporate purposes, which may include the acquisition, construction or retrofit of vessels. Quicksilver Resources Inc. NYSE: KWK Fort Worth, Texas US$130 million Priced convertible debentures due 2024 at US$32.17 each. Proceeds will fund working capital. Abraxas Petroleum Corp. Amex: ABP San Antonio, Texas US$125 million Priced a private offering of floating-rate senior secured notes due 2009 to retire 11.5% secured notes due 2007 and to pay bank debt. Pioneer Drilling Co. Amex: PDC San Antonio US$47 million Completed a new senior bank credit facility consisting of a US$7-million revolving line and a US$40-million line to purchase drilling rigs, rig transportation equipment and associated equipment. The new facility is led by Frost National Bank and includes the Bank of Scotland and Zions First National Bank. Gastar Exploration Ltd. Toronto: YGA Mount Pleasant, Mich. US$30 million Issued 9.75% convertible senior unsecured debentures due Nov. 20, 2009, payable quarterly, to accelerate drilling in East Texas and advance operations on all properties. Westwind Partners Inc. was agent. Digital Gas Inc. Pink Sheets: DIGG New York US$30 million Secured a senior credit facility from an undisclosed firm to fund expansion into the coalbed-methane business in southeast Kansas. Carrizo Oil & Gas Inc. Nasdaq: CRZO Houston US$18 million Plans to issue 10% secured senior subordinated notes due December 2008. The notes are held by affiliates of HBK Investments LP. Proceeds will be used for Barnett Shale, North Texas, development. Deep Well Oil & Gas Inc. Pink Sheets: DWOG Calgary US$15 million To place 12%, 60-month debt to fund the first series of 10 production-test wells in the Swan Lake heavy oil project. Portwest Investments Ltd. is placing the debt.