Oil and Gas Investor Magazine - April 2000 April 1, 2000 Feature A FULLER DISCLOSURE Other A NEW DIMENSION CAPITAL MALLS Brian Toal CLEANUP TIME Nissa Darbonne FREE CASH FLOW: BACK TO BASICS THE OTHER IPO Other Companies in This Issue Companies in This Issue Company Briefs Additional briefs Chevron, Phillips form chemicals joint venture Conoco buying NGL business in Canada International briefs... Occidental buying Altura, selling stake in CanOxy Completions SAME BUSINESS, DIFFERENT DAY Nissa Darbonne Exploration Highlights GULF COAST INTERNATIONAL HIGHLIGHTS Peggy Williams MIDCONTINENT & PERMIAN BASIN NORTHEAST/SOUTHEAST WESTERN U.S. From the Editor-in-Chief FEELING A BIT DISCONNECTED? Leslie Haines New Financings DEBT EQUITY NewsWell A contrarian view: oil prices to remain high for rest of year Brian Toal Altura, Exxon lead 1999 production in Texas Amerada Hess focus is on E&P for future growth Are there enough gas rigs to meet summer power demand? Leslie Haines CERA says world oil production capacity to increase by 2002 Crude-oil price surge is temporary, say CERA and Arthur Andersen Electronic exchanges to narrow to few per industry, and fast Enron North America still wants to finance oil and gas producers Leslie Haines Executives emphasize returns, as share prices languish Fat cats v. fast cats: Dunham questions megamajors' future Gulf of Mexico SCORE improves a seventh month It's time to start working on NPC study recommendations John S. Herold: Oil cheaper than Ben & Jerry's Majors' earnings rebound, but share prices remain down MMS releases estimates for Gulf reserves Peggy Williams Next Chevron JV won't be in refining and marketing Oil and gas issuers of debt made bad debt news Nissa Darbonne Reserve additions fall; more rig activity needed Brian Toal U.K. North Sea production breaks record in 1999 Other On the Money KEEP SEATBELTS FASTENED Brian Toal Trends & Analysis Chieftain International Inc. (AMEX-CID) Genesis Exploration Ltd. (TSE-GEX)