Spreadsheet: kenneth_lay__19453__WMR100800
Sheet: Madison Energy Review

 |  |  |  | Madison Energy Advisors, Inc.
 | WEEKLY MARKET REVIEW
 | WEEK OF OCTOBER 2 - OCTOBER 8, 2000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Volume 2, Issue 39
 | Oil and Natural Gas Futures
 | Oil (WTI) |  |  |  |  |  |  |  |  |  | Gas ([NAME])
 |  | M | T | W | TH | F | Week Ago | Month Ago | Year Ago |  |  | M | T | W | TH | F | Week Ago | Month Ago | Year Ago
 |  | 2000-10-02 00:00:00 | 2000-10-03 00:00:00 | 2000-10-04 00:00:00 | 2000-10-05 00:00:00 | 2000-10-06 00:00:00 | 2000-09-29 00:00:00 | 2000-09-06 00:00:00 | 1999-10-06 00:00:00 |  |  | 2000-10-02 00:00:00 | 2000-10-03 00:00:00 | 2000-10-04 00:00:00 | 2000-10-05 00:00:00 | 2000-10-06 00:00:00 | 2000-09-29 00:00:00 | 2000-09-06 00:00:00 | 1999-10-06 00:00:00
 | Near Month | 32.18 | 32.07 | 31.43 | 30.53 | 30.86 | 30.84 | 34.9 | 19.82 |  | Near Month | 5.35 | 5.35 | 5.29 | 5.15 | 5.01 | 5.19 | 5.07 | 2.563
 | 12-month Strip | 30.5 | 30.49 | 30.12 | 29.85 | 30.01 | 29.59 | 31.28 | 21.478 |  | 12-month Strip | 4.84 | 4.84 | 4.8 | 4.71 | 4.61 | 4.75 | 4.6 | 2.584
 | Oct-01 | 28.77 | 28.73 | 28.53 | 28.64 | 28.65 | 28.3 | 28.55 | 18.74 |  | Oct-01 | 4.52 | 4.52 | 4.49 | 4.44 | 4.35 | 4.42 | 4.12 | 2.503
 | Oct-02 | 25.86 | 25.89 | 25.77 | 26.05 | 25.94 | 24.99 | 25.9 | 18.38 |  | Oct-02 | 4.04 | 4.04 | 4.04 | 4.03 | 3.96 | 3.95 | 3.52 | 2.499
 | Daily Spot | 32.18 | 32.08 | 31.43 | 30.53 | 30.88 | 30.83 | 34.9 | 23.28 |  | Daily Spot | 5.22 | 5.29 | 5.24 | 5.23 | 5.04 | 5.13 | 4.88 | 2.465
 |  |  |  |  |  |  |  |  |  |  |  |  |  | and Luncheon
 | Weekly Recap:
 |  | The Energy Department announced on Wednesday that eleven companies have submitted bids for the 30 million barrels that the
 |  | government is releasing from the Strategic Petroleum Reserve.  The buyers, in effect, promised to return to storage 31.56 million
 |  | barrels between August and November of next year, thus paying a premium of about 5 percent.
 |  | On Monday, Exxon Mobil Corp. lost an appeal of the $5 billion punishment that a federal jury leveled against it after the devastating
 |  | 1989 oil tanker spill off the Alaskan coast.  The accident on March 24, 1989, caused the worst oil spill in U.S. history, polluting
 |  | more than 1,000 miles of shoreline and wiping out a number of marine creatures.
 |  | Venezuela will supply ten Carribbean and Central American countries with 80,000 barrels a day of oil at reduced rates by the end
 |  | of 2000.  The Energy Pact of Caracas will include Haiti, Costa Rica, Panama, Nicaragua, Jamaica, Barbados, Honduras, Belize,
 |  | Guatemala and the Dominican Republic.
 | Upcoming Events
 | Ziff Energy Group's North American Gas Strategies Conference - The Westin Hotel - Calgary, Alberta
 | October 16-17, 2000   Information: |  |  |  |  |  |  | www.ziffenergy.com/gasconference |  |  |  |  | Phone: 1 (888) 524-ZIFF (0433)
 | Ziff's Canadian Energy & E-Business Conference/Trade Show - The New Roundup Centre, [NAME], Calgary, Alberta
 | November 15-16, 2000   Information: |  |  |  |  |  |  | www.ziffenergyconferences.com |  |  |  |  | Phone: 1 (888) 524-ZIFF (0433)
 | [NAME] 21st Annual Energy Symposium - Westin Galleria Hotel, Houston, Texas
 | November 28-29, 2000 |  |  |  |  |  |  | www.energysymposium.com |  |  |  |  | Phone: (713) 237-5400
 | For more information, please call [NAME] at (281) 876-2244, e-mail |  |  |  |  |  |  |  |  |  | [EMAIL] |  |  |  | or visit our Website at
 | www.MadisonEnergy.com