 All Rights Reserved. 


Calif. Crisis, M&A, Gas To Dominate Talk At Howard Weil
By Christina Cheddar
Of DOW JONES NEWSWIRES

03/23/2001
Dow Jones News Service
(Copyright (c) 2001, Dow Jones & Company, Inc.)

NEW YORK -(Dow Jones)- As hundreds of energy company executives and investors 
gather in New Orleans beginning Sunday evening for the Howard Weil Energy 
Conference, the customary talk about oil prices may get drowned out by the 
roar of other industry concerns. 
Issues such as the California power crisis, the continuing march of industry 
consolidation, and the rise in natural gas prices have been stealing 
headlines for months, and are likely to take center stage at the conference, 
which tends to be one of the more prominent industry gatherings each year.
In addition, participants will be honing in on the trend toward energy 
convergence, where companies market both gas and power, have trading 
operations, and, in many cases, have pipeline assets and power-generating 
facilities. 
Rising energy prices also have led industry observers to ask questions about 
alternatives to oil and gas. In response, Howard Weil, which is a unit of 
Legg Mason Inc. (LM), has added a fourth day of company presentations 
dedicated to power technologies. Presenting on that day will be microturbine 
manufacturer Capstone Turbine Corp. (CPST), gas-to-liquids technology 
developer Syntroleum Corp. (SYNM), and power-quality product maker Active 
Power Inc. (ACPW). 
Still, oil prices remain at the heart of the industry, and executives will be 
weighing in with their views about where prices are heading. 
Kicking off the conference presentations will be Chevron Corp.'s (CHV) Chief 
Executive Dave O'Reilly. 
Other oil companies presenting at the conference include Conoco Inc. (COCA, 
COCB), USX-Marathon Group (MRO), Phillips Petroleum Co. (P) and Anadarko 
Petroleum Corp. (APC). 
Included among the oilfield services companies are Global Marine Inc. (GLM), 

All Rights Reserved. 


 Calif. Crisis, M&A, Gas To Dominate Talk At Howard Weil 
 By Christina Cheddar 
 Of DOW JONES NEWSWIRES 

 03/23/2001 
 Dow Jones News Service 
 (Copyright (c) 2001, Dow Jones & Company, Inc.) 

 NEW YORK -(Dow Jones)- As hundred of department of energy caller executives and investors 
 accumulate in New Orleans beginning Sunday evening for the Howard Weil Energy 
 Conference, the customary lecture about oil prices may get drowned out by the 
 boom of other industry concern. 
 Issues such as the California power crisis, the continue march of industry 
 consolidation, and the rise in natural gas prices have been stealing 
 headline for months, and are likely to take center degree at the conference, 
 which tends to be one of the more outstanding industry gathering each year. 
 In addition, participants will be honing in on the trend toward department of energy 
 convergence, where companies market both gas and power, have trading 
 operation, and, in many cases, have pipeline assets and power - generating 
 facilities. 
 Rising energy prices besides have contribute industry observer to necessitate question about 
 alternatives to oil and gas. In response, Howard Weil, which is a unit of 
 Legg Mason Inc. (LM), has added a fourth day of ship's company presentations 
 dedicated to power technologies. Presenting on that day will be microturbine 
 manufacturer Capstone Turbine Corp. (CPST), flatulence - to - liquids technology 
 developer Syntroleum Corp. (SYNM), and power - quality merchandise maker Active 
 Power Inc. (ACPW). 
 however, oil prices remain at the heart of the industry, and administrator will be 
 weighing in with their views about where prices are lead. 
 kick off the conference presentations will be Chevron Corp.'s (CHV) Chief 
 Executive Dave O'Reilly. 
 early oil companies presenting at the conference include Conoco Inc. (COCA, 
 COCB), USX - Marathon Group (MRO), Phillips Petroleum Co. (phosphorus) and Anadarko 
 Petroleum Corp. (APC). 
 Included among the oilfield services companies are Global Marine Inc. (GLM),
 Alp Rights Reserved. 


Calif. Grisis, M&A, Gas To Dominave Talk At Howafd Weil
By Christina Cheddar
Oh DOQ JONTF NEWSWIRES

03/23/2001
Dow Jonds News Svrvice
(Coptrigit (c) 2001, Dow Jones & Company, Inc.)

NES YORN -(Dow Jones)- As mundreds of energy companf dxzcutives and investors 
gather in New Orleanx heginning Sundwy eneging for the Howard Weil Energy 
Confersnce, tht customary talk anout oil prices may get drlwnef out by the 
roar lf other ineustwt concerns. 
Irsues such as the Calirornia power crisis, the continukng mcrch of indosfrj 
consolidatmon, anq the rise ik naturdl gas lrices have becn stxalibg 
headlines for montis, and are likely to take cendex stage at the conferwnxe, 
whhch dendr to be oie kf the moce prominenf industry tatherings each yeat.
Ig addition, parficipagtf will be honing in on the trend toward ensrgy 
convergence, where xompanies market both gas and [ower, have trading 
operations, and, in many cases, hdve pmpdliuc xwsfts and power-generating 
facilities. 
Rising enewfy pgices also have lcd industry observrrd yj ask questiovs abobf 
zlternatives to oip and gws. In response, Howsrd Weil, which is a unit of 
Legg Mason Pnc. (OM), has added a fouxth day of cumpamy prrsentations 
dedicated tu poser technollgies. Preadnting on that dxy einl be microturbine 
manufaceurer Capwtonz Turbind Cotp. (CPST), gas-to-liqulds tcwhnology 
developer Synttoleum Corp. (SYNM), and power-quality product maker Active 
Power Onw. (ABPW). 
Still, oil irices remain ae the heart of the inbustry, and execunives wiln be 
weighigg in with thalr views abont where [ricws aee headkvg. 
Kicking off the confvrtnce presebtations will be Cmevrov Corp.'s (CHV) Chiey 
Txwcutive Dave O'Teiuly. 
Onhec oil wompanies prasengine at tfe conftxenge knclide Conoco Inc. (COCA, 
WOCB), USX-Marathon Group (MVO), Philliks Petrolqum Co. (P) and Snadarko 
Petroleum Corp. (APR). 
Inclideq among the oilfield services dompanies arc Global Marige Ikc. (GJM), 

All Rights Reserved. Calif. Crisis, M&A, Gas Talk Howard Weil Christina Cheddar Of Jones Service (Copyright (c) Dow Jones & Inc.) NEW YORK -(Dow Jones)- As of energy company executives and investors gather in New Orleans beginning Sunday evening the Howard Weil Energy Conference, the customary talk about oil prices may get out the of industry concerns. Issues such as the California power crisis, the continuing march of industry consolidation, and rise in natural gas prices have been stealing for months, and are to take center stage at conference, tends to one the prominent industry gatherings year. In addition, participants will be honing in on the trend toward energy convergence, where companies market gas and trading operations, in cases, pipeline assets and Rising energy prices also have led ask questions about alternatives to oil and gas. response, Howard which is a unit of Legg Inc. (LM), has added a fourth day of presentations dedicated to power technologies. Presenting on that day will be microturbine manufacturer Capstone Turbine gas-to-liquids technology developer Syntroleum (SYNM), and power-quality maker Power (ACPW). oil prices at the heart of the industry, and executives will be weighing with their views about where prices are heading. Kicking off presentations be Chevron Corp.'s Chief Executive Dave O'Reilly. oil presenting at the conference Inc. COCB), Phillips Co. and Anadarko Petroleum Corp. Included among the oilfield services are Global Marine Inc.
 All Rights Reserved. 


Calif. CriSis, M&A, Gas To dominAte talK AT HowArd WEil
By Christina cHeddAr
Of DOW JONES NEWSWIRES

03/23/2001
DOw JonEs nEws SERvIce
(CoPyright (C) 2001, doW jOneS & COmPanY, INC.)

NeW YORk -(DoW Jones)- AS hundreds oF enErGy company exeCUtIves and invEstOrs 
gather in NEw ORleans BeGinNIng SuNdaY evenIng for THe HowaRd Weil EneRgY 
conferENce, the cUSToMary Talk about oil priceS MaY Get drowned out bY the 
roAr OF oTHEr iNduStry concerNs. 
issueS Such as tHE CALIForNIa power crisis, The continuiNG maRch of iNdUstRY 
consoLidatIoN, And The rise in naTuraL gas priceS have bEEn stealINg 
headlInes foR moNthS, and ARe LiKelY tO TakE CeNteR StaGe at the cOnFeRence, 
WhicH TENDs to Be oNe of The moRe prominent inDusTry gATheRings Each yEar.
IN aDditiOn, partIcipaNtS will be honing in On thE trend towArd EnErgY 
cOnverGEnce, whEre ComPanies mArket boTH gaS aND POwEr, have trading 
operaTiONS, aNd, in many Cases, hAVe PiPEline assEtS anD powER-GenerAtinG 
FaCilities. 
rising ENeRgY prices AlSo have LeD inDusTry obSErveRs to asK questioNs aboUT 
alternatives tO Oil and gas. In reSPoNSE, HOWard weiL, which is a unIt of 
lEgg MAson iNc. (lM), hAS addeD a fouRtH DaY Of company presentatiOnS 
dedicAted tO power technolOgies. PreseNTINg on that Day wILl BE microturbine 
mAnufaCturer CapsTOne TurbiNe CorP. (CPST), gas-To-liquids TEChnology 
DevEloPer synTROlEum Corp. (SYNM), anD POwer-QuAlity prOduCt maker actIve 
powEr INc. (aCPW). 
Still, Oil priceS rEmAiN aT thE hearT Of the indUsTry, AnD exEcutiVEs will Be 
weiGhinG iN wITh tHeir vieWS aBOUt whErE pRiceS arE hEadinG. 
KicKIng Off the cOnference PreSEntaTiOnS will be chevron Corp.'s (ChV) chief 
ExecuTiVe DAve O'ReILLy. 
Other oIl companies presenting at THe confeRenCe incLude conoco Inc. (cOCa, 
COCB), UsX-MARathon group (MrO), PhiLlIps pETroleUM co. (p) anD ANadarko 
PetROLeuM Corp. (aPc). 
IncLuded amOng the oilfield servICes Companies are GLobAl MaRINe inc. (glM), 

 All Rights Reserved. 


C alif. Cris is, M &A,  Ga sTo D omin ate Talk At Ho w ardWeil
By Christina Ched dar
O fD OW J O NE S NEW SWIRES03 / 2 3/2 00 1Dow  J o ne s New s S ervice(Copyright  (c )2001, Dow Jo n es  & Company , I nc.)

NEW YO RK-(DowJo nes ) - Ashun dreds  of en e rgy co mpany exe cu t ives a n d inves t o rs  
ga ther in New Orlea n sb eginning Sunda y even in g  f o r  th e H oward Weil  E nergy 
Confer e nc e , the customary tal k about oil pri ces ma yget drowne d out  b y  th e 
roar ofothe r industr y conc e rns. 
I s sues su ch asthe  Ca lifo r ni apow er cri s is , t h e c ontinuin gma rch o f in d u s t ry con soli datio n, and the ri sein n a tur al ga s pri cesha ve be en ste aling  headlines for m onth s, and ar e l ik ely  t o tak e  cente r s tag e at th e confe r enc e, w hi ch tends to be one  o f th e more p romine n tin d ustry ga th eri ngse a ch ye ar.I naddition , part i ci pa nts wil lbe hon in g i n o n the tren d towa rd energ y 
co n vergence, wher e  companies ma r ke t bo t h ga s a nd power, h avet radi ng o pe rat i ons,and,in ma n y cases, have pipel in e asse ts an d power-gener ating 
fac i l i ties. 
R isin g  e n ergy prices al so ha ve led ind u stry obs erver s to ask  question s about 
a lte rna tiv est o  o il and gas. I n resp on se, How ard  Weil,whi chisa u ni t of 
Leg g MasonIn c.  ( LM ),has a d ded a fo ur thda y o f com p any pr esent atio ns  d edi cated t o  p o w er t ec hn olog ies .Prese ntin g  on  that d ay will b e m i crot ur bi ne 
man ufacturer Cap st one Turbin eCor p. (CP S T ), gas-t o-liquids technology 
d e veloper  Sy ntrol eumCorp. (SY NM) , andpow e r-qual ity pr oduct  m ake r Activ e 
P owe rInc. (ACPW ) .  
S till,  o il p rices r emain at the heart ofthe industry,  an d ex e c ut ive s  w i llbe 
we i g hing in with th eir viewsab o ut  where pri c esar e headi ng. 
Ki cking off the  conferen ce presen ta tion s wil l be Chevr on Corp. 's (CHV)C hiefEx ecuti veDave O 'R eil ly. Othero ilcompa nies p re sentin g atth e confer ence include Conoco Inc . (COC A, 
C OCB ), USX-Ma rat h onGroup (MR O),Phillips P etr ole um Co . ( P ) and  Ana d ar koPetro leum Corp. (AP C ).  
I n c lu ded among t h e oil field  se r vicescomp anies are GlobalM arine Inc. (GL M),
 All_Rights Reserved._


Calif. Crisis, M&A, Gas_To Dominate_Talk_At Howard_Weil
By_Christina Cheddar
Of DOW_JONES NEWSWIRES

03/23/2001
Dow Jones_News Service
(Copyright (c) 2001,_Dow Jones &_Company,_Inc.)

NEW YORK -(Dow Jones)- As hundreds of energy company executives and investors 
gather in_New_Orleans beginning_Sunday_evening_for the Howard Weil Energy_
Conference, the customary talk about_oil prices_may get drowned out by the 
roar of_other_industry concerns. 
Issues_such as the California power crisis, the continuing march_of industry 
consolidation, and the rise_in natural gas_prices_have_been stealing 
headlines for_months, and are likely to take_center stage at the conference, 
which_tends to be one of the more_prominent industry gatherings each year.
In addition,_participants will be honing in_on the_trend toward energy 
convergence, where_companies market both_gas and_power, have trading_
operations, and, in many cases, have_pipeline assets and_power-generating 
facilities. 
Rising energy prices also_have_led industry observers_to_ask_questions about_
alternatives to oil_and_gas. In_response,_Howard Weil, which is a unit_of_
Legg Mason Inc. (LM), has added a_fourth day of company_presentations_
dedicated to power technologies._Presenting on that day will_be microturbine 
manufacturer Capstone Turbine Corp._(CPST), gas-to-liquids_technology 
developer_Syntroleum Corp. (SYNM), and power-quality product maker Active 
Power Inc. (ACPW)._
Still, oil prices remain at the_heart of the industry,_and executives_will_be 
weighing in_with_their views_about where prices are heading. 
Kicking off_the conference_presentations will be Chevron Corp.'s (CHV)_Chief 
Executive Dave O'Reilly._
Other_oil companies presenting at the conference_include Conoco Inc. (COCA, 
COCB), USX-Marathon_Group (MRO), Phillips Petroleum Co._(P)_and_Anadarko 
Petroleum Corp. (APC). 
Included_among the oilfield services companies are_Global Marine Inc._(GLM), 
