71st ANNUAL MEETINGSan Antonio, Texas

October 27, 2000

Barry RussellPresident

Independent Petroleum Association of America

Effectiveness

• How we can be most effective representing you

• How we can best use our strategic strengths

• How we can continue to increase our effectiveness in the legislative and political arena

Strategic Strengths

• Grassroots Support and

Volunteer Leadership

• Experienced Professional Staff

Congressional Testimony

Before Senate Committees

• Energy and Natural Resources

• Foreign Relations

• Finance

Before House Committees

• Resources

• Judiciary

• Energy & Power Subcommittee

Rep. Joe Barton (R-TX) Chairman, House Commerce Energy & Power Subcommittee

Sen. Frank Murkowski (R-AK) Chairman, Senate Energy and Natural

Resources Committee

Strategic Strengths

• Jerry Jordan, Ohio• Diemer True, Wyoming• Mike Linn, Pennsylvania• Sid Jansma & The Miller

Family, Michigan• Stan Pickens &

Tom Dunn,

West Virginia

• George Yates &

Mark Murphy,

New Mexico

• Gigi Lazenby, Kentucky

• Terry Smith, California

• Cooperating Associations

Grassroots Support and Volunteer Leadership

Strategic Strengths

• Staff Experts on Substantive Issues• Environment

• Natural Gas — FERC

• Taxes

• Offshore and Onshore Public Lands Issues

• Royalties

• Industry Forecasting and Analytical Tools for

Your Business

• Political Activities

Key Messages

• Access to Capital

• Access to the Natural Resource Base

• Access to Technology

• Access to Skilled Workers

Better Educators

• Spreading our message through:• Fact Sheets

• Issue Papers

• Meetings and Briefing Sessions

• Congressional Testimony

Better Fighters on The HillResource Estimates - Restricted Areas

Estimated Percentage Restricted

3131TCFTCF

346346

4343TCFTCF

TCFTCF

TCFTCF2121

RestrictedPercentageRestrictedPercentage

40%40%40%

100%100%100%100%100%100%

56%56%56%

Better Fighters on The Hill• Knowing how many laws, regulations and

conflicting management plans are in play.

Legislative Victory

• Access — Energy Policy and Conservation Act Amendment

• Legislative mandate requiring the Department of the Interior to conduct a comprehensive resource inventory of government-controlled lands on which oil and natural gas may be found.

Better Fighters in The CourtsPending Litigation

• Royalty Issues• IPAA v. Armstrong • IPAA v. Baca

• Access and Environmental Issues• IPAA v. United States Forest Service • Rice v. Harkin Exploration • LEAF v. EPA (II)

• FERC Issues

Political Effectiveness• Record-breaking

fundraising efforts

• Increased IPAA member involvement

• The Wildcatters Fund contributed to 71 open seats and competitive races to assure that pro-business and pro-oil & gas candidates are elected to Congress

Grassroots Activism

• Voter Education Guide

• “Get Out The Vote” Campaign

Consensus Builders

• IPAA’s Cooperating Associations• Cooperating State and Regional Associations• Washington-Based Energy Associations

• American Petroleum Institute (API)

• U.S. Oil and Gas Association (USOGA)

• Natural Gas Supply Association (NGSA)

• American Gas Association (AGA)

• Domestic Petroleum Council (DPC)

• National Ocean Industries Association (NOIA)

New Membership Service

• Partnership with Cambridge Energy Research Associates (CERA)• Provides market and analytical information

through IPAA’s website• Special in-depth seminars for IPAA

members