Oil and Gas

Respected local oil and gas industry veteran Al Thomas II will preside over LAGCOE 2013 as LAGCOE Looey, a position of high honor announced, as is tradition, at the event’s media luncheon Tuesday.

A Louisiana flood control official is likening the oil and gas industry in coastal Louisiana to rock stars who bring a lot of money to the area but, in his words, “trashed the hotel room.”

The 2013 Louisiana Gulf Coast Oil Exposition, or LAGCOE, is gearing up to be the biggest of the biennial event since its inception in 1955.

Local service company's IPO priced Friday morning at $26, higher than the expected range.

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Local oilfield service company expects to raise approximately $600 million in IPO.

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