Regarding

Shareholder Cases Regarding AEP’s Gas Trading Dropped

American Electric Power (AEP) reported Monday that two separate shareholder derivative cases against the company and individual members of its board of directors were dismissed Nov. 5. The cases charged that the defendants failed to maintain adequate internal controls over their natural gas trading operations.

November 9, 2004

Producers Urge FERC to Make Northern Border Exception, Not Change Policy

There is no need for FERC to change its overall transportation policy regarding long vs. short hauls in order to address the “idiosyncratic situation” existing on a part of Northern Border Pipeline’s system, U.S. and Canadian producers have told the Commission, suggesting instead that it could grant a waiver addressing the specific circumstances to prevent a short-haul shipper from effectively stranding upstream and downstream capacity.

August 2, 2004

Producers Urge FERC to Make Northern Border Exception, Not Change Policy

There is no need for FERC to change its overall transportation policy regarding long vs. short hauls in order to address the “idiosyncratic situation” existing on a part of Northern Border Pipeline’s system, U.S. and Canadian producers have told the Commission, suggesting instead that it could grant a waiver addressing the specific circumstances to prevent a short-haul shipper from effectively stranding upstream and downstream capacity.

July 28, 2004

Lack of Manpower Could Put Energy Security at Risk

As questions regarding domestic supply adequacy continue to swirl around the marketplace, new questions about a lack of manpower in the sector are beginning to be asked. Called upon by Congress to help lead the way in addressing the issue, North Dakota Gov. John Hoeven said a lack of manpower within the oil and gas industry is jeopardizing the country’s energy security.

July 12, 2004

EnCana Abandons Weymouth Well Offshore Nova Scotia

In another negative report regarding Atlantic Canadian gas exploration, EnCana Corp. said its Weymouth A-45 deepwater exploration well offshore Nova Scotia was unsuccessful and is being abandoned. The company has had a series of setbacks in the Atlantic since putting its shallow water Deep Panuke project on hold last year.

May 10, 2004

EnCana Abandons Weymouth Well Offshore Nova Scotia

In another negative report regarding Atlantic Canadian gas exploration, EnCana Corp. said its Weymouth A-45 deepwater exploration well offshore Nova Scotia was unsuccessful and is being abandoned. The company has had a series of setbacks in the Atlantic since putting its shallow water Deep Panuke project on hold last year.

May 7, 2004

Raymond James Says Prices Have Forced E&Ps to Up Activity

In response to investors’ questions regarding when natural gas drilling activity would pick up, Raymond James & Associates analyst J. Marshall Adkins said it already has, and will continue through the remainder of 2003 and into 2004.

October 27, 2003

Raymond James Says Prices Have Forced E&Ps to Up Activity

In response to investors’ questions regarding when natural gas drilling activity would pick up, Raymond James & Associates analyst J. Marshall Adkins said it already has, and will continue through the remainder of 2003 and into 2004.

October 21, 2003

Secretary Abraham Calls on PUCs Regarding Tight Gas Market

As part of the Department of Energy’s (DOE) Smart Energy campaign, Energy Secretary Spencer Abraham sent a letter to state public utility commissioners suggesting areas for state action to help ease the effects of a tightening natural gas market.

July 28, 2003

Secretary Abraham Calls on PUCs Regarding Tight Gas Market

As part of the Department of Energy’s (DOE) Smart Energy campaign, Energy Secretary Spencer Abraham sent a letter to state public utility commissioners last week offering suggested areas for state action to help ease the effects of a tightening natural gas market.

July 24, 2003