February 2011, Vol. 238 No. 2

In The News

Capital Prompting Investment In New Technology And Talent

According to a study by BDO USA, LLP, an accounting and consulting organization, capital is flowing back into the oil and gas exploration and processing industry – more than half (56%) of CFOs report their ability to access capital and credit is either the same or better than last year. Fewer CFOs (48%) felt “lack of capital” caused delays or terminations of oil or gas exploration or processing projects during the last 12 months, a significant drop from the past two years (73% in 2009 and 80% in 2008).  “2010 was a record year for oil and gas M&A activity,” said Jim Westerman, partner in the Natural Resources Industry Practice at BDO. &#

Log in to view this article.

Not Yet A Subscriber? Here are Your Options.

1) Start a FREE TRIAL SUBSCRIPTION and gain access to all articles in the current issue of Pipeline & Gas Journal magazine.

2) Start your full access subscription to Pipeline & Gas Journal and gain UNLIMITED access to this article, the current issue, all past issues in the technical archive, access to all special reports, special focus supplements and more. Pricing start at $395/year.   

*Access will be granted the next business day.

 

Related Articles

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}