PennWell Announces Oil & Gas Financial Journal

Posted on March 12, 2004

PennWell Corporation, publisher of Oil & Gas Journal, Offshore and Oil, Gas & Petrochem Equipment, has announced the launch of a new publication called Oil & Gas Financial Journal (OGFJ). A preview issue of Oil & Gas Financial Journal will premier at the Howard Weil Energy Conference in New Orleans on March 28 and at the Offshore Technology Conference in Houston in early May.

The new publication will reach 8,000 executives selected from the PennWell petroleum database. That database includes senior managers who are subscribers to Oil & Gas Journal, and Offshore, as well as names from Oil & Gas Journal Exchange/Madison Energy Advisors, a service provider for oil company acquisitions and divestitures.

Oil & Gas Financial Journal is a logical launch for PennWell, according to Tim Tobeck, publisher of the 100-year-old Oil & Gas Journal. "We have access to great expertise in this area, but until now have not had a dedicated outlet. The mission of the new publication is straightforward," said Tobeck. "It is to provide petroleum industry managers, analysts, and investors credible, useful information about the most important financial developments of their business."

A core feature of Oil & Gas Financial Journal is a quarterly update of OGJ200, a list of publicly traded US producers of oil and natural gas, ranked by assets. In addition to the quarterly OGJ200 list and related analysis, OGFJ will have feature articles on subjects including merger and acquisition trends, financing E&P operations, corporate governance issues, taxation and regulation, commodity and stock markets, reserves disclosures, project finance, and North American oil and gas plays.

PennWell's Petroleum Group includes, in addition to OGJ and OGJ Online, industry publications Offshore, Oil & Gas Journal Latinoamerica, and Oil, Gas & Petrochem Equipment, along with 18 conferences and exhibitions serving the oil and gas industry.



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