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Industry Brief

February 10, 2006
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Superior Oil & Gas Co announced Thursday it had received a permit from the Bureau of Land Management for its pipeline right-of-way in Rio Blanco County, CO. Superior is designing a 12-inch, 18-mile gas pipeline capable of carrying up to 30 MMcf/d with a $0.60/Mcf gathering fee."The announcement of this permit gives us another opportunity to create a revenue stream for our company," stated Dan Lloyd, Superior's CEO. "We continue to execute our business model through this permit and the previous agreements to purchase gas wells. In addition,we are targeting other properties and hope to inform our shareholders regarding the specifics in the near future." Superior Oil & Gas Co., headquartered in Yukon, OK, has executed agreements to purchase over 28 gas wells in Kansas and continues to target other properties for acquisition.

DTE Gas Storage Co. has announced an open season offering natural gas storage services in the Central New York region. The open season offering will provide service into interconnections at Corning, NY with the proposed Millennium Pipeline, Empire extension project and Columbia Gas Transmission systems. The proposed in-service date for these services is April 1, 2008. The open season began Feb. 9, 2006 and will close March 2, 2006. An affiliate of DTE Gas Storage is pursuing the development of the proposed storage projects, which are capable of providing a wide range of storage services, including: 10-day peaking to 110-day baseload; annual injections and withdrawals or seasonal injections and withdrawals. While DTE Gas Storage welcomes and will consider all bids and service requests, this open season is targeting two specific storage services - 70-day ratcheted storage service and 30-day unratcheted storage service. An open season package can be obtained by contacting Della Rupkey at rupkeyd@dteenergy.com or at (313) 235-5184. For questions concerning the package, contact Tom Neu at (313) 235-9204 or Jeff Holland at (313) 235-4213. DTE Gas Storage is a subsidiary of Detroit-based DTE Energy Co.

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