Oil and Gas Investor Magazine - April 2004 April 1, 2004 Feature AN ISLAND OF OIL AND GAS STABILITY Other BANKER UP Leslie Haines MIDWEST BUYSIDE Brian Toal ROYALTY BUYERS Other SERVICE , PLEASE THE BAKKEN IS BACK Peggy Williams THE FUEL OF REGIONAL AMBITIONS THE NEW FPSO CONTENDER Other TO BUY OR TO SELL? Nissa Darbonne USING THE RIGHT FORMULA Other Company Briefs Additional briefs Other Canadian M&A News Other El Paso joins Shell, Forest in revising reserve estimates Other Encore acquisition to snap up Cortez Oil & Gas Jodi Wetuski International M&A News Other Momentum is building at Brigham Exploration Leslie Haines U.S. M&A News Other Completions IS THERE LIFE AFTER NISSA DARBONNE E&P Momentum The JB Mountain Prospect Peggy Williams Exploration Highlights Eastern U.S. Other Gulf Coast Other International Highlights Peggy Williams Midcontinent & Permian Basin Other Western U.S. Other From the Editor-in-Chief WHAT LIES BENEATH? LESLIE HAINES New Financings New Financings - Equity/Debt table A&D Watch newsletter. NewsWell 2003 Canadian sellers get nearly C$10/BOE for established reserves Anadarko's Seitz, Ocean's Transier look to the North Sea Leslie Haines Brazil facing growing oil, gas production shortfalls Peggy Williams Financiers are banking on higher commodity prices Nissa Darbonne Independents turn in strong 2003 fiscal production performances Jodi Wetuski Onshore drillers show results in fourth quarter; offshore drillers lag Other Producers post strong bids for Central Gulf deep-shelf blocks Jodi Wetuski Texas midstream company makes NYSE debut Leslie Haines On the Money FILLING A NICHE Brian Toal Trends & Analysis Natural Gas Prices to Stay Intact due to Supply Concerns LESLIE HAINES