Archive for August, 2007

Petrobras – No Longer a Petrosaurus

An excellent article in today’s WSJ on Petrobras, one of the New Seven Sisters. I highly recommend a complete read, but of particular note was the following: “…Today, Petrobras boasts more crude reserves than Chevron Corp., lower costs of finding oil than Exxon Mobil Corp., and a listing on the New York Stock Exchange — […]

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Ecopetrol: Out of the Chavez “Shadow”

The WSJ’s Annelena Lobb took an interesting look at the public market debut of Colombian state-run energy giant Ecopetrol earlier this week. According to the article, “….Ecopetrol is selling just over a 10% stake in itself over the course of the offering. The initial round is for certain local investors, and lasts until Sept. 25. […]

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CNOOC Defends Its African Strategy

CNOOC defended its drive for oil in Africa in today’s Financial Times, such as its deal last year when it and South Atlantic Petroleum paid $2.7bn for a 45 per cent stake in Nigeria’s Akpo field. According to the article, CNOOC expects the deep-water Akpo field to begin production by late 2008, and to have […]

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China’s Second West-East Pipeline Project

From RIA Novosti via Energy Daily, I noticed that The China National Petroleum Corporation (CNPC) will finance the construction of a pipeline across China, to supply Central Asian gas to the country’s south and east. “…The 7,000 km (4,349 mile) pipeline with design capacity of 30 billion cubic meters per year is expected to go […]

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A New North-South Iranian Pipeline?

According to today’s WSJ, Iran is planning to construct a new north-south oil pipeline in a bid to raise the volume of crude oil swap capacity with its northern neighbors from 150,000 barrels a day to around 1 million barrels a day. The plan, which is intended to display Iran’s energy capabilities in the region, […]

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Azerbaijan’s Contract(s) of the Century

Enjoyed this interesting analysis of the Caspian pipeline wars. We have discussed the Trans-Caspian Pipline Project in earlier posts but, in this report, John C. K. Daly takes a close look at Azerbaijan’s future promise and potential perils related to the development of its oil and natural gas resources. Was particularly interested in some of […]

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About This Blog
Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.