OGI June 2020

Oil and Gas Investor Magazine - June 2020

With the prospect of associated gas from the Permian and Eagle Ford diminishing, many producers view the future of dry gas plays in the Appalachian Basin more positively. Oil and Gas Investor's cover story looks at well-positioned and well-capitalized companies that are staring at an unexpected opportunity.

Also in this issue:

  • Energy banking in a pandemic that has diminished global oil and gas demand by at least 25%? A 38-year energy finance attorney and author of a history of oil and gas finance describes what the space looks like today.
  • As oil and gas companies face a hard-scrabble commodity price environment, E&Ps and participants in other industry sectors are already rushing to restructuring advisers in hopes of staving off cash flow calamities, unpaid debts and bankruptcies.
  • Several oilfield service shops have cash and no or little debt. They plan to expand.
  • A year from now, which E&P stocks will investors wish they’d bought in 2020’s summer doldrums?

Cover Story

Is Gas the Good News We Need?

With the prospect of associated gas from the Permian and Eagle Ford diminishing, many producers view the future of dry gas plays in the Appalachian Basin more positively. Those well-positioned and well-capitalized companies are staring at an unexpected opportunity.

Feature

Buddy Clark Executive Q&A: Chapter 2020

Energy banking in a pandemic that has diminished global oil and gas demand by at least 25%? A 38-year energy finance attorney and author of a history of oil and gas finance describes what the space looks like today.

Camino Natural Resources Profile: Midcontinent Mover

Camino Natural Resources embraced scale, an out-of-favor shale play and a robust hedging strategy as a beacon through the darkness.

E&P Restructurings: On the Brink

As oil and gas companies face a hard-scrabble commodity price environment, E&Ps and participants in other industry sectors are already rushing to restructuring advisers in hopes of staving off cash flow calamities, unpaid debts and bankruptcies.

E&P Stocks to Watch: Looking for Gain, Not Pain

A year from now, which E&P stocks will oil and gas investors wish they’d bought in 2020’s summer doldrums?

In Memoriam: Joe Foster, 1934-2020

Remembering the wildcatter who formed Newfield Exploration Co. and was a leader of the American oil and gas industry for more than 60 years.

Litigation Booms as Shale Tries Not to Bust

The sudden price collapse, global recession and enduring pandemic set this downcycle apart from previous troubles, but the steps leading to bankruptcy filings remain the same. Oil and gas litigators explain how they are guiding their clients.

To the Mattresses: On the OFS Front

Several oilfield service shops have cash and no or little debt. They plan to expand.

Why ESG Matters in a Crisis

The oil price implosion and strategies for survival have replaced climate change and diversity as the top issues for energy industry boards, but employee health and safety, executive succession and compensation, and industry perceptions are ESG issues that will need attention, legal experts say.

A&D Trends

A&D Trends: Climate for Oil Deals at Historic Low

Negative oil futures aren’t the only drag on deals. History, replete with examples of how to deal with bad times, is being made right now.

At Closing

Oil and Gas Investor At Closing: Looking for the ‘V-shape’

We have to bet on pent-up demand. The recovery appears to be ‘V-shaped’ in most markets. We hope to see that in the energy world as well.

From the Editor-in-Chief

From OGI Editor-in-Chief: The Forward Months

The specter of minus-$100 oil is behind us. Instead, the April historic sell-off will have to stand alone as that remember-where-you-were-then moment, a once-in-a-lifetime anomaly, let’s hope.