Oil and Gas Investor Magazine - August 2000 August 1, 2000 Feature $96 MILLION IN 45 DAYS Leslie Haines ARCTIC DREAMS Other CAPITAL FAIR FLUNKING OUT Other INDONESIA Leslie Haines WORLD STOCK EXCHANGE, INC. Nissa Darbonne Companies in This Issue Companies in This Issue Company Briefs Additional briefs Chesapeake acquiring more natural gas, in Gothic deal E-commerce briefs... Forest-Forcenergy combo to be at top-10 independent Brian Toal Husky Oil will be public after Renaissance merger Other International briefs... Completions FROM ASIA TO THE ARCTIC TO THE PERMIAN BASIN Nissa Darbonne Exploration Highlights GULF COAST INTERNATIONAL HIGHLIGHTS Peggy Williams MIDCONTINENT & PERMIAN BASIN NORTHEAST/SOUTHEAST WESTERN U.S. From the Editor-in-Chief WHAT ABOUT PEOPLE DEPLETION? Leslie Haines New Financings DEBT EQUITY NewsWell 1999 drilling resulted in more discoveries and with less drilling Canadian drilling at record pace, some to fill gas pipelines Brian Toal Drilling can help a producer out of Chapter 11 Gulf of Mexico rig economics up 51% from May 1999 Other Lehman: Producers increasing their capex budgets now-finally Moody's: Producers that use care with cash will be rewarded by markets Other Oil-service index earnings per share to hit $7 in 2003 Other Unocal retains oily Permian asset, via Pure Resources Leslie Haines Van Eck funds have been bumped to 50% energy Other On the Money CASH FLOWS IN SOUTH TEXAS Leslie Haines Trends & Analysis Forest Oil Corp (NYSE-FST) Purcell Energy Ltd. (TSE-PEL)