000			01855nmc a2200241 4500
005			20260520005700.0
008			260224s xxu
082			_aCD W938 1 0013960
100	1		_aKorpach, Arthur N. _910246
100	1		_aCarle, Michael W. de _910247
110	2		_aCIBC World Markets Inc. _910248
111	2		_aWorld Petroleum Congress (16th. : 2000 jun. 11-15 : Calgary, Alberta, Canada) _934
245	0	0	_aFinancing the global energy sector _bA Banker's perspective
270			_a12/09/06 ; 26/08/2003
300			_a5 p.
520			_aResumen del autor, extraído del trabajo. Over US$ 90 billion is expected to be expended by Western companies in 2000 on oil and gas exploration and development. Although it is recognized that national oil companies control most of the world's largest basins, Western companies have historically played an important role in the development of the basins. In addition to the transfer of technology and expertise, Western oil companies are investing significant amounts of capital. Traditionally, Western companies finance their activities through operating cash flow, equity and debt public capital markets and conventional bank credit. The mix of capital varies by the size of company and the underlying risk profile of the assets. Other sources of capital include hybrid instruments and private equity. In the last 10 years there has been a noticeable rise in the participation of private equity in U.S. and Canadian companies. As projects continue to get bigger and more complex, we expect to see the Majors and 'Super Independents' play an increasingly important role in their development.
700	1		_aCarle, Michael W. de _910247
710	2		_aCIBC World Markets Inc. _910248
773			_g
800	1		_aKorpach, Arthur N. _910246
942			_cCONGTP
999			_c133722 _d133722