U.S.

U.S.

1. Alpine Resources Inc. has retained Petroleum Place Energy Advisors to sell its assets primarily in the Gulf Coast region of Texas and Louisiana.

About 75% of the value is in two operated fields: South Angleton in Brazoria County, Texas, and Newton in Newton County, Texas.

Current net production is about 20 million cubic feet of gas equivalent per day (67% gas). Net operating cash flow is $2.8 million per month.

Alpine operates the majority of the properties with high working interests. For more information, contact Christopher J. Simon at 832-601-7606.

2. NEW-Apache Corp. is offering overriding royalty interests in wells in Oklahoma in Beaver, Beckham, Woodward, Harper, Roger Mills, Texas, Kingfisher, Le Flore, Garfield, Grady and Custer counties via EnergyNet.

It is also offering overriding royalty interests in some wells in Texas and Arkansas.

For more information, go to EnergyNet.com.

3. NEW-Axio Production Co. LP has retained EeTradeco LLC to sell oil and gas properties in Nan-Su-Gail Field, Freestone County, Texas.

The assets consist of 11 producing wells, seven proved undeveloped locations and approximately 4,997 gross acres.

Current production is some 350,000 cubic feet per day, gross, and 325,000 per day net. Proved reserves total 2.7 million cubic feet (1 million net proved producing and 1.7 million net proved undeveloped).

Average monthly cash flow from October through December 2003 was $27,411.

For more information, contact Tom Ervin at 214-363-2401.

4. NEW-Belle Exploration Inc. has retained Burks Oil & Gas Properties to sell its operated working interests in Routh Point Field, LaSalle Parish, North Louisiana.

Production is from Wilcox. Belle discovered the field in 2001. Since then, five oil wells have been completed. Up to 100% working interest and 75% net revenue interest is available. Net current cash flow is $122,000 per month.

For more information, call 281-580-4590.

5. Calpine Corp. has retained Meagher Oil & Gas Properties to sell its prospects in Kansas and Missouri. In Kansas, the Emporia prospect contains 49,737 acres. In Missouri, the Excelsior Springs prospect includes 35,710 acres.

For additional information, contact Julia Foster at 303-721-6354, ext. 229.

6. NEW-Capitalist Group will sell assets in Paup Spur Field, Miller County, Arkansas, at The Oil & Gas Asset Clearinghouse auction May 12.

For more information, go to ogclearinghouse.com.

7. NEW-Chahta Petroleum Inc. is auctioning an overriding royalty interest in Shirk 13 1H & 2H, Upton County, Texas, via EnergyNet. Seven-month cash flow averaged $2,719 per month.

For more information, go to EnergyNet.com.

8. NEW-Chevron U.S.A. Inc. is offering several acreage packages in California and Illinois via EnergyNet. Packages are in Fresno, Kern, Kings, Monterey, Napa and Tulare counties, California, and in Jefferson County, Illinois.

It is also offering a multi-well overriding royalty interest package in Reed City Field, Osceoloa County, Michigan, (four-month average cash flow of $1,004 per month) and an overriding royalty interest in Schadel South Field, Pawnee County, Kansas (five-month average cash flow of $1,779 per month).

For more information, go to EnergyNet.com.

9. Clayton Williams Energy Inc. has retained Energy Spectrum Advisors to sell its interests in the Romere Pass Field, Plaquemines Parish, Louisiana. Current production is about 1,200 barrels of oil equivalent per day.

For more details, please contact Jon Dormer at 214-0987-6122.

10. Crown Energy Co./Crown Petroleum Corp. is selling 100% working interest and approximately 79% net revenue interest in 31 producing wells in East Mengel Field, Stonewall County, Texas.

The wells, on some 2,400 acres, are producing 225 barrels of oil per day. The sale also includes 14 injection wells and six shut-in wells.

For more information, contact Mark A. Oates at 405-228-0909.

11. NEW-Crutcher-Tufts Resources LP has retained Petroleum Place Energy Advisors to divest its operated and nonoperated interests in two separate asset packages within the Belridge Field, Kern County, California: the Dow-Chanslor lease and the King/Ellis and Colm leases.

Dow-Chanslor has production of 650 barrels of oil equivalent; King/Ellis and Colm, 94 barrels equivalent per day.

For more information, contact Geoff Davis at 832-601-7614.

12. Dale Operating Co. has retained Albrecht & Associates to sell its interests in 16 producing wells, among which one is being completed, and 130 proved undeveloped locations.

Included in the sale are 4,300 gross acres (3,700 net acres) in Overton Field, Smith County, Texas.

The properties include 130.2 billion cubic feet equivalent of proved net reserves. Of the 134 proved undeveloped objectives, 95 are Cotton Valley Taylor zones, 28 are Travis Peak and 11 are Pettit.

The properties are 100% operated. Operations would be transferred to the buyer.

Since September 2002, Dale has drilled and completed 16 wells in the field with 100% success. Thirteen are Cotton Valley wells and three are Travis Peak, and make a combined 10 million equivalent per day.

For additional information, call Harrison Williams at 713-951-9586.

13. Denbury Resources Inc. has hired Credit Suisse First Boston to assist with the sale of its offshore operations. Dallas-based Denbury owns interests in 81 offshore wells, which had average daily production during 2003 of 47.7 million cubic feet of gas equivalent per day, although with its recent well completions offshore, production for January and February averaged just over 50 million equivalent per day.

If the best bid price is less than anticipated, Denbury may withdraw the package.

It has targeted the end of June for completing the sale.

14. Discovery Operating Inc. has retained Riviera Energy Corp. to sell its operated interest in the Witharral Field, Hockley County, Texas, northeast of Levelland.

The working interest is 100% (net revenue, 79%). Current production is 35 barrels of oil per day from Lower Clearfork. Net cash flow averaged $13,000 per month from March 2003 through February 2004.

Proved undeveloped reserves in February 2003 totaled 525,000 barrels of oil.

For more information, contact Jeff Longbotham at 432-686-9400.

15. NEW-ENI Oil US will sell producing properties in Pittsburg County, Oklahoma, at The Oil & Gas Asset Clearinghouse auction May 12.

For more information, go to ogclearinghouse.com.

16. NEW-ExxonMobil Production Co. has retained IndigoPool to sell its interest in five fields in the Gulf of Mexico, primarily in the Green Canyon, High Island, Main Pass and Matagorda Island areas. For more information, visit IndigoPool.com.

17. NEW-Fender Exploration & Production will sell assets in La Perla Field, Zapata County, Texas, at The Oil & Gas Asset Clearinghouse auction May 12.

For more information, go to ogclearinghouse.com.

18. NEW-Geodyne Nominee will sell Jay and Little Escambia fields, Escambia and Santa Rosa counties, Florida, at The Oil & Gas Asset Clearinghouse auction May 12.

For more information, go to ogclearinghouse.com.

19. GeoMet has retained Albrecht & Associates to sell its 10% nonoperated working interest and associated overriding royalty interests in 403 active coalbed-methane wells and 56 proved undeveloped locations in White Oak Creek Field, Black Warrior Basin, Alabama.

Sales from the properties are currently 4.9 million cubic feet of gas per day. Net proved reserves are 17.7 billion cubic feet.

Included in the sale are coalbed-methane rights on approximately 51,000 gross acres. About 49% is developed and 51%, undeveloped. GeoMet is selling both working and overriding royalty interests in all the acreage. The overriding royalty interests may be sold separate from the working interests.

20. NEW-Greystone Petroleum LLC shareholders have retained Griffis & Associates to sell the company. Greystone's assets are primarily gas-producing in North Louisiana in Sligo Field, Bossier Parish.

Current production is 35 million cubic feet a day from 70 wells. Targets are primarily Hosston and Cotton Valley. Investors in Greystone include First Reserve Corp.

For more information, call 713-650-8600.

21. NEW-Harris Oil and Gas will sell assets in Youngren Field, Stevens County, Kansas, at The Oil & Gas Asset Clearinghouse auction May 12.

For more information, go to ogclearinghouse.com.

22. NEW-JD Minerals is auctioning overriding royalty interests in an eight-well package in Burleson, Robertson and Washington counties, Texas, via EnergyNet. Six-month cash flow averaged $2,131 per month. Production is from the Austin Chalk.

For more information, go to EnergyNet.com.

23. NEW-JMI Energy Inc. has retained Wellspring Partners LLP to divest its interest in various Oklahoma assets.

The Jesse Field Cromwell waterflood unit in Coal and Pontotoc counties have current net production of 114 barrels of oil equivalent per day and net reserves of 1 million barrels of oil, 35% proved developed producing.

For more information, contact Richard Martin at 972-239-1333.

24. NEW-M' Red Petroleum will sell assets in East Newark Field, Wise County, Texas, at The Oil & Gas Asset Clearinghouse auction May 12.

For more information, go to ogclearinghouse.com.

25. NEW-Meagher Oil & Gas Properties has been retained to divest operated and nonoperated interests in coalbed-methane properties in House Creek Field, Powder River Basin, Campbell County, Wyoming.

Operators are Black Diamond Energy and CH4 Energy LLC. The seller was not named.

Net gas reserves are 8 billion cubic feet. The primary target is Big George coal, and 23 wells have been drilled already. The drilling area consists of 4,220 gross acres and 2,937, net.

For more information, contact Julia Foster, 303-721-6354, ext. 229.

26. NEW-Medicine Bow Operating Co. has retained Petroleum Place Energy Advisors to divest its interests in some Rocky Mountain assets in Wyoming, Colorado, North Dakota and Montana, and in one field in Texas.

Medicine Bow operates seven of the 10 fields being offered.

Current net production is approximately 11.8 million cubic feet equivalent per day, 58% oil.

For more information, contact Geoff Davis at 832-601-7614.

27. NEW-Merit Energy Co. has retained Petroleum Place Energy Advisors to sell three asset packages in the Rockies.

The Merit-operated "Mountain" package includes the Luckey Ditch Unit, Whiskey Springs and Bridger Lake Unit, with an associated gas plant at Bridger Lake. Production is 56% oil.

Two other packages are the Merit-operated Maudlin Gulch property (93% oil) and the Sun Ranch, Saddle Rock and North Grieve Unit (3% oil). Merit operates Sun Ranch and Saddle Rock.

Total net sales from the three asset packages are 1,600 barrels of oil equivalent per day, 53% oil, and net cash flow averaged $783,000 per month during second-half 2003.

For more information, contact Geoff Davis at 832-601-7614.

28. NEW-Monterey Crude will sell assets in North Frisco City Field, Monroe County, Alabama, and in Dollarhide Field, Lea County, New Mexico, at The Oil & Gas Asset Clearinghouse auction May 12.

For more information, go to ogclearinghouse.com.

29. Moran Resources Co. has retained Petroleum Place Energy Advisors to sell its nonoperated interests in four fields (eight wells) in Liberty County, Texas.

These properties lie within the down-dip Yegua trend, southeast Texas, and include Moran's interests in the South Felicia and Willis Marsh fields operated by Westport Oil & Gas.

Current net production is 5 million cubic feet of gas equivalent per day (75% gas). Net operating income was $870,000 in January 2004.

Moran owns between a 10% and 12% working interest in the properties. The buyer may purchase an additional two to three prospects in the immediate area.

For more information, contact David Hopkins at 832-601-7664.

30. NEW-Mustang Drilling Ltd., Henderson, Texas, has retained Wellspring Partners Ltd. to divest its operated working interest in nine units (30 Cotton Valley wells and three Travis Peak/Petit wells) encompassing 3,855.94 acres in the Oak Hill Field, Rusk County, Texas.

Current net production is 5.5 million cubic feet of gas per day. Proved net reserves total an estimated 32 billion cubic feet equivalent.

For more information, contact Richard Martin at 972-239-1333.

31. NEW-NorthStar Operating Co., Discovery Exploration, et al. have retained Riviera Energy Corp. to divest their interest in Trinity Field, Lea County, New Mexico, approximately 14 miles west of Tatum.

The sale consists of operated and nonoperated interests in various properties. Net production totals 1,060 barrels of oil and 2.2 million cubic feet of gas per day. Net monthly operating income is $465,000.

Production from two operated wells in Wolfcamp is 334 barrels of oil and 827,000 cubic feet of gas per day. Working interest is 100% and net revenue interest is 82.5%. Net operating income from the wells averaged $389,000 per month from November 2003 through January 2004.

The sellers are also offering 10% to 19% nonoperated working interest in nine producing wells operated by Chesapeake Operating Co. Production is 723 barrels of oil and 1.4 million cubic feet of gas per day from Wolfcamp. Net income is $76,000 per month.

For more information, contact Jeff Longbotham at 432-686-9400.

32. O'Meara Inc. has retained Burks Oil & Gas Properties Inc. to sell certain operated working interests in Lake Fortuna Field, St. Bernard Parish, Louisiana, about 45 miles east-southeast of New Orleans.

O'Meara's wells in this field have produced more than 7 billion cubic feet of gas and 5.46 million barrels of oil and condensate. Gross production is about 6 million cubic feet of gas per day and 367 barrels of oil per day.

For more details, call 281-580-4590.

33. NEW-Range Resources Corp. will sell assets in College Point Field, St. James Parish, Louisiana, and in Keeran and Koontz fields, Victoria County, Texas, at The Oil & Gas Asset Clearinghouse auction May 12.

For more information, go to ogclearinghouse.com.

34. NEW-Rippy Oil Co. has retained OGJE/Madison Energy Advisors to sell its interests in three fields in East Texas in Smith and Wood counties. Rippy is the operator.

Expected gross production for June is 243 barrels of oil per day.

For more information, contact Linda Gero at 281-876-2244.

35. Rockford Energy Partners has retained Petroleum Place Energy Advisors to sell its gas assets in Greeley County, Kansas.

The shallow, long-lived gas properties are part of the Hugoton Embayment of the Anadarko Basin. The properties contain 97 producing wells.

Current production is 4.3 million cubic feet of gas per day. Net operating cash flow is $130,000 per month.

For more information, contact Christopher Simon at 832-601-7606.

36. Samson Resources Co. has retained Meagher Oil & Gas Properties to sell a package of operated and nonoperated properties in Montana, North Dakota and Wyoming. Bids will be taken on the whole package or by county.

The assets include 23 operated and three nonoperated properties producing 114 net barrels of oil and 162,000 cubic feet of gas per day. Net monthly cash flow averaged $57,337 from January to November 2003.

For more information, contact Teri Williams at 918-481-5900.

37. NEW-Samson Resources Co. has retained The Oil & Gas Clearinghouse to divest its operated interests in the Midway Field Unit, Lafayette County, Arkansas. Net production is 221 barrels of oil per day. These divestment includes approximately 81% working interest and 69% net revenue interest in the field.

For more information, contact David Nordt at 281-873-4600.

38. NEW-Simplex Energy Solutions is offering property packages in the Permian Basin, West Texas, Oklahoma, East Texas and offshore Louisiana.

The Permian Basin package is mostly 100% operated working interest in Andrews, Martin and Reagan counties, Texas, involving 14 wells producing 45 barrels of oil and 10,000 cubic feet of gas per day, and in Eddy County, New Mexico, involving seven wells producing 40 barrels of oil and 50,000 cubic feet of gas per day.

The West Texas package is 100% operated working interest in 12 wells producing 24 barrels of oil per day and 12 shut-in wells in Sandhills Field, Ward County.

The Oklahoma package includes mostly 100% operated working interest in Grant County, involving 56 wells producing 59 barrels of oil and 700,000 cubic feet of gas per day on approximately 8,000 acres. Average monthly cash flow is $59,000.

The East Texas package in Shelby County is 2% nonoperated working interest in four wells producing 600,000 cubic feet of gas and 90 barrels of oil per day. Average monthly income is $2,300.

The offshore Louisiana assets are a 2.875% overriding royalty interest in South Marsh Island producing 6.8 million cubic feet per day and average monthly cash flow of $30,000.

For more information, contact Dave Fowler or Gary Scott at 432-683-3791.

39. NEW-Southwestern Energy will sell assets in Bosco Field, Acadia and St. Landry parishes, Louisiana, at The Oil & Gas Asset Clearinghouse auction May 12.

For more information, go to ogclearinghouse.com.

40. Synergy Oil & Gas LP has retained The Oil & Gas Asset Clearinghouse's midvalue negotiated transactions unit to sell interests in nonoperated producing properties in De Zavala Field, Harris County, Texas.

Gross production, from the Yegua formation, is 17.1 million cubic feet equivalent per day (94% gas). Net sales are 3 million per day. March net operating cash flow was $450,000 per month. Working interest is approximately 25% (17.9% net revenue).

For more information, contact David Nordt at 281-873-4600.

41. Tellus Operating Group LLC has retained The Oil & Gas Asset Clearinghouse's midvalue negotiated transactions unit to sell operated interests in producing properties in Lake Como Field, Jasper County, Mississippi.

Gross production, from Smackover, is 592 barrels of oil equivalent per day. Net operating cash flow is $177,000 per month. Working interest is approximately 60% (47.9% net revenue).

For more information, contact David Nordt at 281-873-4600.

42. The Oil & Gas Asset Clearinghouse will offer 650 oil and gas properties in 117 packages in a hybrid live/Internet auction May 12 at the Sheraton North Houston.

Properties in this auction are in Alabama, Arkansas, Florida, Kansas, Louisiana, Mississippi, New Mexico, North Dakota, Oklahoma, Texas, Utah and Wyoming.

Sellers include Noble Energy, Range Resources, Mission Resources, Kerr-McGee, Swift Energy, ENI Oil, and Southwestern Energy.

For more information, go to ogclearinghouse.com.

43. Western Drilling Program 2001-A has retained Wellspring Partners LLC to sell its interest in Anadarko E&P Co.-operated L.S. Wade #1 RE lease in Navasota River (Budda/Georgetown) Field and Wade Havens unit #1 lease in Giddings Field, both in Brazos County, Texas.

The working interest in each well is 12.5% and net revenue interest, 9.375%.

For more information, call 972-239-1333.