Coral to Manage Mountaineer’s Supply

Coral Energy became the principal gas supplier to LDCMountaineer Gas Co. through an agreement giving Coral management ofvirtually all of Mountaineer’s total firm transportation andstorage entitlements. Effective Nov. 1, Coral will begin supplyingMountaineer, West Virginia’s largest LDC, about 25 Bcf/year forthree years. Gas will be supplied at a fixed price. Local gassupplies are not part of the deal and will continue to be managedby Mountaineer.

October 15, 1998

Spirit Energy Selling MI Properties

Spirit Energy 76, Unocal Corp.’s Lower 48 exploration andproduction unit reached a definitive agreement to sellsubstantially all of its oil and gas assets in Michigan to NewstarEnergy USA Inc. and Omimex Energy Inc. for about $37.25 million incash and 670,000 shares of stock in Newstar Resources, the parentcompany of Newstar Energy.

October 5, 1998

DIGP, Virgo Producers Ink Supply, Gathering Deal

Dauphin Island Gathering Partners (DIGP) has signed an uniquesupply and gathering agreement with producers Elf Exploration Inc.,Coastal Oil and Gas, Nippon Oil Exploration U.S.A. and PogoProducing, who are partners in the deep-water Virgo prospect.

September 18, 1998

Sempra Inks 10-Year Mexican Contract

Sempra Energy International was awarded a 10-year agreement byMexico’s Federal Electricity Commission (CFE) to supply gas to thePresidente Juarez power plant in Rosarito, Baja California. Semprawill provide a complete energy supply package to the plant,including delivery of up to 300 MMcf/d of gas, transportationservices in the United States and construction of a 23-milepipeline from the U.S.-Mexico boarder to the plant. The value ofthe 10-year gas supply contract could approach $1 billion incurrent dollars.

August 28, 1998

Metrocall, Washington Gas in Deal

Metrocall Inc. of Alexandria, VA, announced it has entered intoa new two-year strategic marketing agreement with Washington Gas tooffer Metrocall pagers and services to the utility’s customer basein the Washington, D.C. and parts of Maryland.

July 7, 1998

Evergreen Increases Stake in Raton Basin

Evergreen Resources Inc. last week reached an agreement toacquire Amoco Production’s oil and gas interests in the Raton Basinof Colorado, resolving current litigation matters between the twoproducers.

July 6, 1998

HI Plans Rhode Island Merchant Plant

Houston Industries Power Generation, a subsidiary of HoustonIndustries, signed an option agreement to purchase a 33-acre sitefrom the R.I. Resource Recovery Corp. This site is the planned home for RI Hope Energy, a 500 MW merchant plant to servederegulated wholesale markets in Rhode Island and New England. RIHope Energy will be in an industrial park currently being developedby RIRRC in Johnston, RI.

July 2, 1998

Chesapeake, Gothic Agree to Speed Development

Chesapeake Energy of Oklahoma City has signed a unique agreementwith Gothic Energy Corp., Tulsa, which includes the right for fiveyears to develop 50% of Gothic’s current and subsequently acquiredundeveloped reserves. This includes 60 Bcfe of proved undevelopedreserves and a substantial amount of probable and possiblereserves.

April 2, 1998

Cogentrix Energy Acquires Bechtel Power Interests

Independent Power Producer Cogentrix Energy has signed anagreement with Bechtel Enterprises Inc. to acquire Bechtel’sownership interests in 12 electric generating facilities, plus afractional share of Iroquois Pipeline. Most of the properties wereon the market as the result of PG&E Corp.’s acquisition lastfall of Bechtel’s interest in U.S. Generating Co. Regulatoryconstraints barred PG&E from acquiring certain of the USGenassets.

March 18, 1998

TransEnergy, SABRE Create Interface

TransEnergy Management and SABRE Energy Network will interfacetheir respective software products. Under the agreement, users willhave the ability to submit pipeline nominations and to receiveconfirmations through TransEnergy’s Energy Marketing Systemelectronically using SABRE Energy’s SEN*Net product. SEN*Net is astandardized alternative to the numerous pipeline electronicbulletin boards (EBBs) through which most nominations andconfirmations for gas transactions are now made.

March 12, 1998