1. 71st ANNUAL MEETING San Antonio, Texas October 27, 2000 Barry Russell President Independent Petroleum Association of America

2. 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

3. Strategic Strengths Grassroots Support and Volunteer Leadership Experienced Professional Staff

4. 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

5. 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

6. 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

7. Key Messages Access to Capital Access to the Natural Resource Base Access to Technology Access to Skilled Workers

8. Better Educators Spreading our message through: Fact Sheets Issue Papers Meetings and Briefing Sessions Congressional Testimony

9. Better Fighters on The Hill

10. Knowing how many laws, regulations and conflicting management plans are in play.

11. 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.

12. Better Fighters in The Courts Pending 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

13. 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

14. Grassroots Activism Voter Education Guide “Get Out The Vote” Campaign

15. 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)

16. 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