Schlumberger (nyse: SLB - news - people ) succumbed, along with shale oil properties like Suncor.
Oil properties like Exxon and Chevron outperformed, but Schlumberger, the leading oil service operator had a dismal year, off 18 percent.
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Initially, the company raised money to buy old declining oil fields that others no longer wanted with a focus on oil properties.
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In 1971 he split with his brother Dan and founded Samson Resources to buy the oil properties of Amerada Hess in Southern California.
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Financial services stocks like Citigroup and American Express broke out, and then a rebound in depressed oil properties like Exxon and Chevron put us over the top.
The company has technical expertise and has successfully secured and developed a portfolio of strategic oil prone properties.
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The company owns varied working interest (25% -100%) in strategic oil prone properties with a total of 58, 458 acres, proven reserves of 1.75 MMBOE with current production levels of over 500-700 BOPD.
FORBES: For Frackin' In The Bakken You Gotta Go With American Eagle
Oil, or liquids with near-identical properties to oil, remains the Holy Grail for moving billions of people and things trillions of miles.
American Eagle Energy ( AMZG) is an independent company focusing on the acquisition, exploration, production and development of oil and gas properties in North America.
FORBES: For Frackin' In The Bakken You Gotta Go With American Eagle
ConocoPhillips has more oil and gas properties around the world than it can reasonably develop, so it is selling some to raise cash and pay down debt.
The assets consist of currently producing oil and gas properties, as well as approximately 500, 000 acres in Pennsylvania, Ohio and New York, which have exposure to the Marcellus, Utica and Trenton Black River exploration trends.
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The company also holds oil and natural gas properties through an equity investment in a joint venture with EXCO Resources, Inc.
It's wrong to sell materials properties but oil doesn't go through the roof.
The Partnership was formed by New Source Energy Corporation to own and acquire oil and natural gas properties in the United States.
Concho Resources Inc. (Concho) is an independent oil and natural gas company engaged in the acquisition, development and exploration of oil and natural gas properties.
The company also holds oil and natural gas properties through an equity investment in a joint venture with EXCO Resources, Inc. through the company's wholly-owned subsidiary, HGI Energy Holdings, LLC.
The Insurance segment provides annuity and life insurance products to the middle and upper-middle income markets in the U.S. The Energy segment owns and operates conventional oil and natural gas properties.
Units of New Source Energy Partners fell, making the owner of developed and undeveloped oil and natural-gas properties in Oklahoma the latest master limited partnership to struggle at the outset of trading.
The resulting mixture has properties similar to conventional fuel oil.
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Operated by Anadarko with 30%, that well was another monster, going down more than 31, 000 feet in 5, 800 feet of water, and discovering a remarkable 1, 000 feet of oil-bearing rock with very promising reservoir properties.
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There Browne began to take a harder look at the promise of deepwater drilling, largely out of necessity:He took charge of exploration and determined that Sohio's oil projects outside of Alaska were a mishmash of expensive properties that would never yield a proper profit.
The company's properties are among the most diverse of the small oil and gas companies, and they are all in North America, which limits the kind of political risk competitors have to deal with when they do business overseas.
This summer the company announced plans to acquire two properties that will increase reserves by 85%, says Lehman Brothers oil-and-gas analyst Jeffrey Robertson.
Announced sales to date include all oil and gas producing assets in the United States Rockies, some natural gas properties in Western Canada, all assets in the Netherlands, and all Trinidad and Tobago assets.
Devon Energy Corporation is an independent energy company engaged primarily in oil and gas exploration, development and production, and in the acquisition of producing properties.
He called the oil giant, hoping it might want to unload it to concentrate on offshore or overseas properties.
Nobody represents a greater threat to the NFL old guard than the Cowboys' Jones, a risk-taking former oil wildcatter who wants to dismantle the revenue-sharing of NFL-branded merchandise, now controlled by NFL Properties.
So the next year he and two Southland colleagues founded Cross Timbers Oil, now XTO Energy, to focus on what they'd done best at Southland: acquiring vintage properties much as Encore would later do.
Oil man Trevor Rees-Jones, who netted billions drilling in the Barnett Shale, has been buying up several properties in the University Park neighborhood of Dallas, according to public records.
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