Oil and Gas Investor Magazine - April 2005 April 1, 2005 Feature BARNETT WONDERLAND Peggy Williams CARRY ON Other DOUBLING DOWN Other FOCUSED ON YIELD Brian Toal HEDGING HEDGE RISK Brian Toal ROCK OF AGES Peggy Williams UPPER TEXAS COAST Leslie Haines Companies in This Issue Companies in This Issue Company Briefs Additional news Canadian trust to buy U.S. oil, gas assets A&D Watch Forest to buy 120-Bcfe North Texas field A&D Watch IHS Energy files for IPO Leslie Haines M&A news... Other Completions CROSSOVER Nissa Darbonne E&P Momentum CULTIVATING METHANE Peggy Williams Exploration Highlights EASTERN U.S. GULF COAST INTERNATIONAL HIGHLIGHTS MIDCONTINENT & PERMIAN BASIN WESTERN U.S. From the Editor-in-Chief FROM STRENGTH TO STRENGTH Leslie Haines New Financings New Financings - Equity/Debt table NewsWell Any more room at the top for service stocks? Bertie Taylor Best uses of surplus cash vary with business models Nissa Darbonne Canadian median hits C$12.80/BOE for proved reserves A&D Watch Devon's leader certain of continued strong natural gas prices Nissa Darbonne Hackett: Industry is paying today for past underperformance Taryn Maxwell Most Independents win battle with decline curve in 2004 Bertie Taylor New investment funds create permanent source of MLP funding Brian Toal Nymex volatilitymay not all be hedge-fund driven Leslie Haines Outlook for Canadian royalty trusts upbeat despite lower payouts Brian Toal Qatar redying its LNG answer t world gas demand Bertie Taylor Raymond: XOM sees past 'market noise,' thinks long-term Leslie Haines Saudi Aramco can come up with enough oil 'for the right price' Taryn Maxwell U.S., Canada, Mexico release gas 'Vision' study results Leslie Haines On the Money BULL MARKET NOT OVER Brian Toal Trends & Analysis ICAHN'S PLAN FOR KMG Nissa Darbonne