There were few naysayers to the deal struck by Newfield Exploration Co. to sell its shallow water Gulf of Mexico (GOM) producing properties to McMoRan Exploration Co. for $1.1 billion (see Daily GPI, June 22). Credit analysts, including Fitch, view the transaction as a positive for Newfield’s plans now and into the future.
Naysayers
Articles from Naysayers
Apache’s Farris: Gulf of Mexico is ‘Great Place To Be’
While there are “some naysayers” about the oil and natural gas production potential of the Gulf of Mexico, Apache Corp. CEO Steven Farris said Tuesday he isn’t one of them.
Apache’s Farris: Gulf of Mexico is ‘Great Place To Be’
While there are “some naysayers” about the oil and natural gas production potential of the Gulf of Mexico, Apache Corp. CEO Steven Farris said Tuesday he isn’t one of them.
Voluntary Shut-Ins Possible Within Month, But There Are Naysayers
The prospect of the first significant voluntary production shut-ins in years is looming for the gas industry in about another month or so, according to an informal sampling of opinions among the trading community (“voluntary” means unrelated to a hurricane, pipeline maintenance or force majeure event). While a majority of sources fully expect to see such shut-ins beginning within a few weeks, it’s not a foregone conclusion, said a few dissenters.