Except for the historical information contained
herein, the matters discussed in this presentation are forward-looking statements. These forward-looking statements reflect our
current views with respect to future events,
based on what we believe are reasonable assumptions. These statements,
however, are subject to risks and uncertainties that could cause actual results to differ materially including, among other things,
market conditions, oil and gas price
volatility, uncertainties inherent in oil and gas production operations and estimating reserves, unexpected future capital expenditures, competition,
the success of our risk management
activities, governmental regulations and other factors discussed in our Annual Report on Form 10-K for the year ended December 31, 2004 filed with
the Securities and Exchange Commission
(SEC). We refer you to the Cautionary
Note Regarding Forward-Looking Statements
section of the Form 10-K.