Encore Analysis across The Oil and Gas Value Chain

SUMMARY

Summary

Encore Analysis across The Oil and Gas Value Chain is an essential source for data, analysis and strategic insight into Encore. The report provides key information relating to oil and gas assets of the company and financial, SWOT and value chain analysis of the company. The report examines company's business structure and operations, history and products, and provides an analysis of its key revenue lines. It inspects the company's strategy, both in terms of its value chain positioning and strategic strengths and weaknesses.

Scope

• Provides historical production or capacity data on Encore's oil and gas assets across value chain.
• Analyses and forecasts output for major oil and gas assets to 2020.
• Reports oil and gas exploration assets for each country including operator and equity details for major oil and gas assets of Encore
• Critical analysis of Encore' s strengths, weaknesses opportunities and threats and positioning on the value chain.
• Provides summary analysis of key revenue lines and strategy.
• Details on Encore's history, key executives, business description, locations and subsidiaries as well as a list of products and services and the latest available company statement.
• Product and brand updates, strategy changes, financial events.
• Latest mergers and acquisitions, partnerships or financings of Encore including debt, equity or venture finance.

Reasons to buy

• Research your competitors business structure, strategy and prospects.
• Assess your competitor's major energy assets and their historic and forecast performance.
• Identify and assess potential corporate and asset investment opportunities
• Support sales activities by understanding your customers businesses better.
• Qualify prospective partners and suppliers.
• Obtain up to date company information

TABLE OF CONTENTS

1 Table of Contents 2
1.1 List of Tables 6
1.2 List of Figures 7
2 Company Snapshot 8
2.1 Key Information 8
2.2 Company Overview 8
2.3 Financial Performance 8
2.4 Industry Outlook -- Production & Exploration 8
2.5 SWOT Snapshot 9
3 Encore Acquisition Company , Crude Oil And Natural Gas Forecasts, 2000-2012 10
3.1 Encore Acquisition Company , Crude Oil & Natural Gas Forecasts, By Fields 10
3.2 Encore Acquisition Company , Gross Revenue Forecasts, By Fields 12
3.3 Encore Acquisition Company , Total Government Take Forecasts, By Fields 13
3.4 Encore Acquisition Company , Contractor Take Forecasts, By Fields 14
4 Encore Acquisition Company , Exploration and Production Summary 15
4.1 Encore Acquisition Company, Crude Oil Production, by Country 15
4.2 Encore Acquisition Company, Natural Gas Production, by Country 16
5 Business Description 17
5.1 Business Overview 17
5.2 Exploration and Production 17
5.2.1 Overview 17
5.2.2 Production 17
5.2.3 Financials 18
5.2.4 Capital Expenditure 18
5.2.5 Market View 18
5.2.6 Key Strategies 18
5.3 Major Products and Services 18
5.3.1 Overview 18
6 History 19
7 Business Strategy 21
7.1 Mission Statement 21
7.2 Strategy 21
8 Value Chain Analysis 23
8.1 Upstream 23
8.1.1 Overview 23
8.1.2 Financials, Production and Major Projects 24
9 SWOT Analysis 25
9.1 Overview 25
9.2 Encore Acquisition Company Strengths 25
9.2.1 Significant Revenue Growth 25
9.2.2 Joint Venture with ExxonMobil 26
9.2.3 Consistent Growth in Reserves 26
9.3 Encore Acquisition Company Weaknesses 26
9.3.1 Decreasing Net Profit 26
9.3.2 Geographic Concentration 27
9.3.3 Declining Returns 27
9.4 Encore Acquisition Company Opportunities 27
9.4.1 Cedar Creek Anticline 27
9.4.2 Rising Demand for Oil and Natural Gas in the U.S. 27
9.5 Encore Acquisition Company Threats 28
9.5.1 Stringent Environmental Regulations 28
9.5.2 Shift to Alternative Sources of Energy 28
10 Competitors 29
11 Revenue Analysis 30
11.1 Revenue by Segment 30
12 Financial and Operational Review 31
12.1 Financial Statements 31
12.2 Financial Ratios 32
13 Operational Indicators 33
14 Share Holding Structure 34
15 Key Employees 35
16 Key Employee Biographies 36
17 Company Statement 39
18 Locations And Subsidiaries 42
18.1 Head Office 42
18.2 Other Locations & Subsidiaries 43
19 Financial Deals Landscape 44
19.1 Acquisition 44
19.1.1 Encore Acquisition Company Acquires Cortez Oil & Gas 44
19.1.2 Encore Acquisition Plans For Its Stake Sale 46
19.2 IPO 47
19.2.1 Encore Acquisition Company Completes Public Offering Of $128 Million 47
19.2.2 Encore Acquisition Company Completes Public Offering Of $53.9 Million 48
19.3 Debt Offerings 50
19.3.1 Encore Acquisition Completes Public Offering Of $150 Million Senior Subordinated Notes 50
19.3.2 Encore Acquisition Company Completes Private Palcement Of $300 Million Senior Notes 52
19.3.3 Encore Completes Private Placement Of $150 Million Of Senior Notes 53
19.4 Partnership 55
19.4.1 Encore Acquisition Enters Into Joint Development Agreement With ExxonMobil 55
20 Recent Developments 58
20.1 Operations Updates 58
20.1.1 Jan 24, 2008: Encore Announces Year-End 2007 Reserves And Production 58
20.2 Financial Announcements 58
20.2.1 May 07, 2008: Encore Declares Q1 2008 Results 58
20.2.2 Apr 17, 2008: Encore To Declare Q1 2008 Results 62
20.2.3 Feb 13, 2008: Encore Declares Q4 2007 Results 62
20.2.4 Dec 29, 2007: Encore Announces 2008 Capital Budget 66
20.2.5 Oct 31, 2007: Encore Declares Q3 2007 Results 66
20.2.6 Jul 31, 2007: Encore Declares Q2 2007 Results 69
20.2.7 May 03, 2007: Encore Declares Q1 2007 Results 72
20.2.8 Feb 13, 2007: Encore Declares Q4 2006 Results 73
20.3 Other Significant Developments 75
20.3.1 Jan 24, 2008: Encore Provides Update On 2007 Year End Reserves 75
21 Appendix 76
21.1 Methodology 76
21.1.1 Coverage 77
21.1.2 Secondary Research 77
21.1.3 Primary Research 78
21.1.4 E&P Forecasts 78
21.1.5 Midstream Forecasts 81
21.1.6 Expert Panel Validation 82
21.2 Contact Us 82
21.3 About Global Markets Direct 82
21.4 Disclaimer 82

1.1 List of Tables
Table 1: Encore Acquisition Company, Key Facts, 2007 8
Table 2: Encore Acquisition Company ,Crude Oil Production And Forecasts (Boe) by Fields ,2000-2012 11
Table 3: Encore Acquisition Company ,Natural Gas Production And Forecasts (MMcf) by Fields ,2000-2012 11
Table 4: Encore Acquisition Company , Gross Revenue ($thousand) by Fields, 2008-2012 12
Table 5: Encore Acquisition Company , Total Government Take ($thousand) by Fields, 2008-2012 13
Table 6: Encore Acquisition Company , Contractor Take ($thousand) by Fields, 2008-2012 14
Table 7: Encore Acquisition Company, Crude Oil Production (BBls), by Country, 2000-2007 15
Table 8: Encore Acquisition Company, Natural Gas Production (MMcf), by Country, 2000-2007 16
Table 9: Encore Acquisition Company, SWOT Analysis , 2007 25
Table 10: Encore Acquisition Company, Revenue by Segment, USD Thousand, 2003-2007 30
Table 11: Encore Acquisition Company, Financial Statements, USD Thousand, 2003-2007 31
Table 12: Encore Acquisition Company, Financial Ratios, USD Thousand, 2003-2007 32
Table 13: Encore Acquisition Company Operational Indicators, 2003-2007 33
Table 14: Encore Acquisition Company, Share Holding Structure 34
Table 15: Encore Acquisition Company, Key Employees, 2007 35
Table 16: Encore Acquisition Company, Other Locations 43
Table 17: Brent Blend NYMEX Future Prices 81

1.2 List of Figures
Figure 1: Encore Acquisition Company , Crude Oil & Natural Gas Forecasts, 2000-2012 10
Figure 2: Encore Acquisition Company , Gross Revenue ($thousand) by Fields, 2008-2012 12
Figure 3: Encore Acquisition Company , Total Government Take ($thousand) by Fields, 2008-2012 13
Figure 4: Encore Acquisition Company , Contractor Take ($thousand) by Fields, 2008-2012 14
Figure 5: Encore Acquisition Company, Crude Oil Production (BBls), by Country, 2000-2007 15
Figure 6: Encore Acquisition Company, Natural Gas Production (MMcf), by Country, 2000-2007 16
Figure 7: Encore Acquisition Company, Value Chain Analysis 23
Figure 8: Global Markets Direct Methodology 76