To: Kerm Yerman who wrote (9666 ) 3/8/2003 11:30:26 AM From: Kerm Yerman Respond to of 24925 In The News / That Was The Week That Was (Ending 030703) PART 1 of 2 The Week That Was / Ending March 7, 2003 A weekly recap of breaking news releases and articles. Note that this report has been responded to from last weeks report. Just click on the message number for an overview of the previous report. In addition, if this page is not within the borders of your monitor, you might want to click on VIEW in your browser menu and change the size of the text to smallest.CANADIAN COMPANIES NEWS RELEASES ARC Resources Ltd. / ARC Energy Trust Announces Increase In Exchange Rationewswire.ca Algonquin Oil & Gas Limited: Quarterly Earningswww2.cdn-news.com AltaCanada Energy Acquires Rights to Earn up to 90,000 Acre Position in Blaine County, Montananewswire.ca Aventura Energy Inc. / Vermilion Energy Trust - TSX Listing, Share Consolidation, Operational Update and Technical Team Reorganizationnewswire.ca Baytex Energy Ltd. Announces Asset Dispositionwww2.cdn-news.com Baytex Sells Alberta Properties to Shiningbank for $133.3 Millioncanada.com Bow Valley Energy Ltd. Announces Approval of Sale of UK Onshore Assetsnewswire.ca Brooklyn Energy Corporation Obtains TSE Listingnewswire.ca CCS Income Trust Reports Record Fourth Quarter and Annual Resultswww2.cdn-news.com CHC Helicopter Earnings Take Flightglobeinvestor.com CanArgo Energy Corp. Announces Preliminary Year End Resultswww2.cdn-news.com Canoro Resources Ltd.: Third Quarter Letter to Shareholderswww2.cdn-news.com Cavell Energy Corporation Increases Reserves by 47% While Achieving an 88% Drilling Success Rate in 2002www2.cdn-news.com Centurion Energy Int’l Inc. Announces Activity Updatewww2.cdn-news.com Compton Petroleum Corporation Announces Normal Course Issuer Bidnewswire.ca Coral Sea Petroleums Ltd. Provides Well Updatenewswire.ca Connacher Oil & Gas Completes Second Battrum Purchasenewswire.ca Connacher Oil & Gas Increases Size of Private Placementnewswire.ca Coral Sea Petroleums Ltd. Announces Drilling Commencement Of Wellnewswire.ca Desmarais Energy Closes El Paso Asset Acquisitionnewswire.ca Devlan Exploration Increases Established Reserves by 92% in 2002newswire.ca Dynamic Oil & Gas Withdraws Drilling Applicationcanada.com Endless Energy Corp. Unable To Close Acquisitionwww2.cdn-news.com Emerald Bay Energy Inc. Announces Settlementnewswire.ca Endev Energy Inc. (TSX: ENE) Announces 2002 Resultswww2.cdn-news.com Energy North Achieves Growth in Reserves and Net Asset Valuewww2.cdn-news.com Enerplus Announces 2002 Year End Resultsnewswire.ca Enerplus Closes Acquisition of PetroCorp Canadian Subsidiariesnewswire.ca Enerplus Announces Agreement to Internalize Managementnewswire.ca First Calgary Petroleums Ltd. Announces Well & Seismic Updatesnewswire.ca First Calgary Scraps Yacoub Well in Algeriaglobeinvestor.com Focus Energy Trust Increases Exchange Ratio newswire.ca GEOCAN Energy Inc. Increases Production & Cashflownewswire.ca Great Northern Exploration Ltd. (GNL-TSX) Announces Expansion Of 2003 Capital Program And 2002 Year End Reserveswww2.cdn-news.com Heritage Oil Corporation: Tibat-1 Well, Oman Testing Completedwww2.cdn-news.com Hurricane Hydrocarbons Ltd. Fourth Quarter and Year 2002 Financial Resultsnewswire.ca Hurricane Hydrocarbons Ltd. Profit Doubles On Surging Output, Pricesbiz.yahoo.com Infiniti Resources Announces Third Quarter Resultswww2.cdn-news.com Luke Energy Ltd. Announces Equity Financingnewswire.ca Millennium Energy Inc. Announces Normal Course Issuer Bidnewswire.ca Canada’s Nexen Boosts Reserves With Major Discoveries And Developmentsoil-barrel.com Niko Resources Ltd. Rides Discoveries To Growthcanada.com {D58DD53B-BB18-4196-82E0-4E45A8D94EE2 Nu-Sky Retains Financial Advisor and Releases Year-End Reserve Estimateswww2.cdn-news.com Octane Energy Services Ltd. And Pronghorn Controls Ltd. Agree To Mergenewswire.ca Oilexco Inc. Closes Private Placementwww2.cdn-news.com Olco Petroleum Group Inc. 3rd Quarter Report to Shareholderswww2.cdn-news.com Olympic Resources Ltd. - Flow Tests Positive, New Well Commencesbiz.yahoo.com Peak Energy Services Ltd.-Completes Two Strategic Asset Acquisitionswww2.cdn-news.com Pengrowth Energy Trust Announces Fiscal 2002 Resultsnewswire.ca Petrobank Energy & Resources Announces Colombian Reserves and Operational Updatewww2.cdn-news.com Petrobank Tests New Extraction Methodcanada.com Peyto Exploration & Development Corp. Announces Fourth Quarter and 2002 Year End Reportnewswire.ca Pivotal Energy Ltd. Announces 2002 Year End Reserve Reportwww2.cdn-news.com Precision's Contract Drilling Group Acquires Oilfield Camp Assets in Canadanewswire.ca Precision Drilling Completes Sale of Energy Industriesnewswire.ca Quadra Resources Corp. Announces Second Closing of Financing and Increase of Maximum Financingwww2.cdn-news.com Raimount Energy Inc. Announces Stock Option Pricesnewswire.ca Rally Energy's First PEI Exploration Well Commences Drillingwww2.cdn-news.com Ranchgate Closes West Hazel Acquisition And Announces Its 2003 Capital Budgetwww2.cdn-news.com Rise Energy Enters Into Letter Of Intent With DT Energy Ltd.www2.cdn-news.com Sawtooth International Resources Inc. Completes Private Placementnewswire.ca Shelton Canada Corp. Announces Private Placementwww2.cdn-news.com Shiningbank Energy Announces Strategic Gas Property Acquisitionwww2.cdn-news.com Talisman Energy Generates $2.6 Billion in Cash Flow in 2002 Record High Cash Flow Per Share in the Fourth Quarter Quarterly Earnings Per Share 432% Above Previous Yearnewswire.ca Talisman Energy Sees Output Rising To Pre-Sudan Sale Levelbiz.yahoo.com Talisman Looking Forward To Closing Sudan Sale, Seeks More Assetscanada.com Talisman Topside Credibility Tarnishednationalpost.com {3F10530E-CEE4-4D1C-8E1B-4746E4570172} Tappit Resources Announces Information Memorandum Available for Reviewwww2.cdn-news.com Tartan Energy Inc. Announces Field Activitynewswire.ca Thunder Energy Inc. Reports Year-End Reserveswww2.cdn-news.com Total Energy Services Ltd. Announces 2002 Resultsnewswire.ca Drilling Slowdown Slashes Total Energy Services Annual Profit In Halfcanada.com Trican Well Services Announces Successful Test of the Polybore Lining Systemwww2.cdn-news.com Upton Resources Announces 2002 Resultsnewswire.ca Uranium Power Corporation: Progress Report 7-32 Well Athabasca Oil Prospect Fort McMurray Albertawww2.cdn-news.com Valkyries Petroleum Makes Strategic Investment in Rincon Energy Partners, LLC Private Placement Closedwww2.cdn-news.com Vermilion Energy Trust Announces New Appointments and Valuationsnewswire.ca Wenzel Downhole Tools Ltd Announces Settlementwww2.cdn-news.com OTHER NEWS ARTICLES Alberta's Junior Oilpatch Explosionnationalpost.com {420C7389-3BF2-4D85-99C4-CF59E76B1A2C} Review Finds Problems In Canadian Oil Patchcanada.com Territories Agree To Work Together On Gas Pipelinecanada.com {8A34CB78-96B1-4089-B73D-60A74BAD360B} Time To Play Takeover Sweepstakes In The Oilpatchnationalpost.com Tackling Oilpatch Public Relations On Climate Changecanada.com {4AB9957A-185E-4F63-BFC7-AEBEAAC565B7} Natural Gas Reserves At Critical Levelcanada.com Natural Gas Prices To Stay High This Summernationalpost.com Oilsands Railway 'Feasible' But Costlycanada.com {12EA8FDD-1BD3-49C6-AF3D-0F081CD36A6A} Cutting Red Tape Has Freed Up B.C. Oil, Gas Wellscanada.com B.C. Liberals Fuel Oil And Gas Boomnationalpost.com Clock Ticking on Nova Scotia Gas Exploration-Shellglobeinvestor.com Natural Gas Levels Too Lowcanada.com New Gas Supplies Far Offcanada.com {32AF0EE0-D336-4699-99DC-3D5A0E8D0E22} There's No Natural Gas Crisis, Especially With Spring Almost Herecanada.com High Natural Gas Prices Encourage Imports, Unconventional Suppliescanada.com North American Natural Gas Markets To Tightenbiz.yahoo.com Natural Gas Price Jump Attracts Scarce Capitalbiz.yahoo.com NG Storage Declines 176 BCF to 838 - 54% Below Last Year's Leveltonto.eia.doe.gov Oil Isn't That Simpleglobeinvestor.com Alberta Oil Well Firefighters Expect Tough Battle Dousing Iraqi Oil Flamescanada.com Exxon-Mobil To Abandon Sable Development Wellcanada.com Oil Exploration To Proceed With Conditions - Sierra Club prepares to battle petroleum board's approval of seismic workcanada.com Oil Firms Get OK For Seismic Testing Off Cape Bretoncanada.com Fishermen Critical Of Decision To Permit Testing For Gascanada.com High Oil Prices Don't Mean Market Windfallglobeinvestor.com Gas Technology A Step Closer To Realitycanada.com