Equity Company Exchange / Symbol Headquarters Amount Comments Marathon Oil Corp. NYSE: MRO Houston US$1 billion To sell 30 million shares to help retire debt related to a US$2.93-billion acquisition of downstream assets. The offering has an overallotment option of an additional 4.5 million shares. Pengrowth Energy Trust Toronto: PGH Calgary C$151 million Will offer 8.2 million trust units to fund its 2004 capital program on a bought-deal basis. The underwriting syndicate is led by RBC Capital Markets, which may purchase an additional 2.7 million units. Focus Energy Trust Toronto: FET Calgary C$74.5 million To sell 5 million trust units at C$14.90 each on a bought-deal basis. Proceeds will fund an acquisition. The syndicate of underwriters is co-led by Scotia Capital and RBC Capital Markets, and includes CIBC World Markets, TD Securities, First Energy Capital, Canaccord Capital and Desjardins Securities. Western Gas Resources Inc. NYSE: WGR Denver US$62.4 million To redeem all outstanding US$2.625 cumulative convertible preferred stock. Atlas America Inc. Nasdaq: ATLS Moon Township, Pa. up to To make an initial public offering of 2.3 million shares at $14 to $16 US$36.8 million each. The underwriters are Friedman Billings Ramsey and McDonald Investments Inc. may purchase up to an additional 345,000 shares for overallotments. Delta Petroleum Corp. Nasdaq: DPTR Denver US$32 million Sold 4 million common shares to institutional investors for US$8 each in a private placement. Approximately US$26.5 million of proceeds will fund additional drilling. Sterne, Agee & Leach Inc. was placement agent. Debt Pioneer Drilling Co. Amex: PDC San Antonio US$23.8 million Sold 4.4 million common shares at US$5.40 each in a private placement. Approximately $12 million will fund a seven-rig acquisition. Placement agents were Jefferies & Co. Inc., Raymond James & Associates Inc. and Pritchard Capital Partners. Ivanhoe Energy Inc. Nasdaq: IVAN Vancouver US$20.8 million Issued special warrants at US$2.90 each with two institutional investors. Proceeds will be used to in international and North American operations. Each warrant entitles the holder to one common share and one purchase warrant. The Williams Cos. NYSE: WMB Tulsa US$679 million Retired 9.25% notes due March 15, 2004. For the remainder of 2004 and 2005, Williams has US$474 million of maturing debt. Cooper Cameron Corp. NYSE: CAM Houston US$200 million Sold fixed-rate senior notes due April 15, 2007, with a coupon rate of 2.65% and discounted to yield 2.673%. Proceeds will be used to buy about US$260 million of zero-coupon convertible debentures due in May. Book-running managers were UBS Investment Bank and ABN Amro Securities. Evergreen Resources Inc. NYSE: EVG Denver US$200 million Issued senior subordinated notes due 2012 at 99.213% of par with a coupon of 5.875% in a private placement. Proceeds will retire credit-facility debt. Veritas DGC Inc. NYSE: VTS Houston US$155 million Sold, through a private offering, floating-rate convertible senior notes due 2024. Proceeds will pay credit-facility debt, and some US$20 million may be used to repurchase stock. Deutsche Bank Securities Inc. was the initial purchaser. KCS Energy Inc. NYSE: KCS Houston US$150 million To offer senior notes due 2012 in a private placement to redeem 8.875% senior subordinated notes due 2006, pay bank debt and for general corporate purposes. Talisman Energy Toronto: TLM Calgary US$150 million To redeem all 8.9% junior subordinated notes (NYSE: TLM PrB) at US$25 each plus accrued and unpaid interest. Global Industries Ltd. Nasdaq: GLBL Carlyss, La. US$125 million Obtained a new three-year senior secured revolving credit facility from Credit Lyonnais. $110 million of the facility is available for borrowings. Petroleum Geo-Services ASA OTC: PGEOY Oslo US$110 million Entered a secured working capital facility at Libor plus 2%. Some $70 million of the facility can be used for general corporate purposes and the balance is to support letters of credit. Natco Group Inc. NYSE: NTG Houston US$80 million Refinanced a credit facility with a new US$80-million facility maturing in March 2007. Wells Fargo Bank NA and Comerica Bank were co-lead arrangers. Abraxas Petroleum Corp. Amex: ABP San Antonio US$65 million Revised its credit facility from US$50 million, reduced the floating interest rate from 9% to approximately 7.5% and extended the maturity from January 2006 to February 2007. Durham Capital Corp. was a financial advisor in the transaction. Willbros Group Inc. NYSE: WG Houston US$60 million Issued convertible senior notes due 2024 at 2.75% per year, and convertible into Willbros common at 51.3611 shares per US$1,000 of principal, or equivalent to an initial conversion price of US$19.47 per common. Initial purchasers may buy up to US$10 million of additional notes. Proceeds will retire existing debt of US$14 million, expand current operations and fund acquisitions.