PPT Slide

Deepwater GOM

Falcon Area

24 Blocks for

Potential Tie-In to Falcon

75 - 100%

Added 6 Blocks at Lease Sale

Beaujolais

33%

Flathead

33%

Paladin

67%

Maverick

50%

Aconcagua

Developing Discovery

Camden Hills

Developing Discovery

Ozona Deep

October 2001 Discovery,

Drilling Appraisal Well

• Production impact to

begin mid-2002

• 20+ prospects on 40+

leases

Devils Tower Area

Triton & Goldfinger Prospects

Potential Tie-In to Devils Tower

Devils Tower

Developing Discovery

Falcon

Developing Discovery

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