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EXHIBIT 1
AGREEMENT
The undersigned reporting persons hereby agree that the statements filed
pursuant to this Schedule 13D, to which this Agreement is filed as an exhibit,
are filed on behalf of each of them.
Date: June 13, 2000 W/E ENERGY COMPANY L.L.C.
By: /s/ FLOYD WILSON
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Floyd Wilson
Managing Director
Date: June 13, 2000 ENCAP INVESTMENTS L.L.C.
By: /s/ D. MARTIN PHILLIPS
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D. Martin Phillips
Managing Director
Date: June 13, 2000 ENCAP ENERGY CAPITAL FUND III, L.P.
BY: ENCAP INVESTMENTS L.L.C., General Partner
By: /s/ D. MARTIN PHILLIPS
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D. Martin Phillips
Managing Director
Date: June 13, 2000 ENCAP ENERGY ACQUISITION III-B, INC.
By: /s/ D. MARTIN PHILLIPS
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D. Martin Phillips
Vice President
Date: June 13, 2000 ENCAP ENERGY CAPITAL FUND III-B, L.P.
BY: ENCAP INVESTMENTS L.L.C.
By: /s/ D. MARTIN PHILLIPS
--------------------------------------
D. Martin Phillips
Managing Director
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SCHEDULE I
DIRECTORS, MANAGERS, EXECUTIVE OFFICERS
OR CONTROLLING PERSONS
1. W/E ENERGY. Set forth below are the name, business address and present
principal occupation of each of the managers and officers of W/E Energy. Each
manager and officer of W/E Energy is a United States citizen. To the knowledge
of the reporting persons, none of such individuals directly owns any Common
Stock.
<TABLE>
<CAPTION>
Name and Citizenship Business Address Position/Principal Occupation
-------------------- ---------------- -----------------------------
<S> <C> <C>
David B. Miller 3811 Turtle Creek Blvd. David B. Miller is Managing
Dallas, Texas 75219 Director of EnCap Investments
D. Martin Phillips 1100 Louisiana Street, D. Martin Phillips is Managing
Suite 3150 Director of EnCap Investments
Houston, Texas 77002
Floyd C. Wilson Two Shell Plaza Floyd C. Wilson is Chairman
777 Walker Street, Suite 2400 Of the Board and
Houston, Texas 77002 Chief Executive Officer of
3TEC Energy Corporation
</TABLE>
2. EnCap Investments. Set forth below are the name and present, principal
occupation or employment of each managing director of EnCap Investments. The
business address of each managing director, unless otherwise indicated below, is
1100 Louisiana Street, Suite 3150, Houston, Texas 77002. Each managing director
of EnCap is a United States citizen. To the knowledge of the reporting persons,
none of such individuals directly owns any Common Stock.
<TABLE>
<CAPTION>
Name Present Principal Occupation or Employment
------------------ ------------------------------------------
<S> <C>
Gary R. Peterson Gary R. Petersen is a Managing Director of EnCap Investments.
D. Martin Phillips D. Martin Phillips is a Managing Director of EnCap Investments.
David B. Miller David B. Miller is a Managing Director of EnCap Investments.
Robert L. Zorich Robert L. Zorich is a Managing Director of EnCap Investments.
D. Mark Leland D. Mark Leland is a Managing Director of EnCap Investments.
</TABLE>
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3. EnCap Acquisition III-B. The name and citizenship, business address and
present principal occupation or employment, and the name of any corporation or
other organization in which such employment is conducted, of each of the
directors and executive officers of EnCap Acquisition III-B is set forth below.
<TABLE>
<CAPTION>
Name and Citizenship Business Address Position/Principal Occupation
-------------------- ---------------- -----------------------------
<S> <C> <C>
Executive Officers &
Directors:
Robert L. Zorich 1100 Louisiana Street Director and President
Suite 3150
Houston, Texas 77002
David B. Miller 1100 Louisiana Street Director and Vice President
Suite 3150
Houston, Texas 77002
Gary R. Petersen 1100 Louisiana Street Director, Vice President and
Suite 3150 Treasurer
Houston, Texas 77002
D. Martin Phillips 1100 Louisiana Street Director, Vice President and
Suite 3150 Secretary
Houston, Texas 77002
</TABLE>
4. El Paso Field Services. The name and citizenship, business address and
present principal occupation or employment, and the name of any corporation or
other organization in which such employment is conducted, of each of the
directors and executive officers of El Paso Field Services is set forth below.
<TABLE>
<CAPTION>
Name and Citizenship Business Address Position/Principal Occupation
-------------------- ---------------- -----------------------------
<S> <C> <C>
Executive Officers &
Directors:
William A. Wise El Paso Energy Corporation Director and Chairman of the
(United States Citizen) 1001 Louisiana Street Board
Houston, Texas 77002
Robert G. Phillips El Paso Energy Corporation Director and President
(United States Citizen) 1001 Louisiana Street
Houston, Texas 77002
H. Brent Austin El Paso Energy Corporation Director and Executive Vice
(United States Citizen) 1001 Louisiana Street President
Houston, Texas 77002
</TABLE>
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<PAGE> 4
<TABLE>
<CAPTION>
Name and Citizenship Business Address Position/Principal Occupation
-------------------- ---------------- -----------------------------
<S> <C> <C>
D. Mark Leland El Paso Energy Corporation Senior Vice President and Chief
(United States Citizen) 1001 Louisiana Street Financial Officer
Houston, Texas 77002
Jeffrey I. Beason El Paso Energy Corporation Vice President and Controller
(United States Citizen) 1001 Louisiana Street
Houston, Texas 77002
David H. Eargle El Paso Energy Corporation Vice President
(United States Citizen) 1001 Louisiana Street
Houston, Texas 77002
Graciela E. Martinez El Paso Energy Corporation Vice President
(United States Citizen) 1001 Louisiana Street
Houston, Texas 77002
C. Dana Rice El Paso Energy Corporation Vice President and Treasurer
(United States Citizen) 1001 Louisiana Street
Houston, Texas 77002
Judy A. Vandagriff El Paso Energy Corporation Vice President
(United States Citizen) 1001 Louisiana Street
Houston, Texas 77002
E. Randall West El Paso Energy Corporation Vice President
(United States Citizen) 1001 Louisiana Street
Houston, Texas 77002
</TABLE>
5. El Paso Energy. The name and citizenship, business address and present
principal occupation or employment, and the name of any corporation or other
organization in which such employment is conducted, of each of the directors and
executive officers of El Paso Energy is set forth below.
<TABLE>
<CAPTION>
Name and Citizenship Business Address Position/Principal Occupation
-------------------- ---------------- -----------------------------
<S> <C> <C>
Executive Officers &
Directors:
William A. Wise El Paso Energy Corporation Director, President and Chief
(United States Citizen) 1001 Louisiana Street Executive Officer
Houston, Texas 77002
H. Brent Austin El Paso Energy Corporation Executive Vice President and
(United States Citizen) 1001 Louisiana Street Chief Financial Officer
Houston, Texas 77002
Ralph Eads El Paso Energy Corporation Executive Vice President
(United States Citizen) 1001 Louisiana Street
Houston, Texas 77002
</TABLE>
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<PAGE> 5
<TABLE>
<CAPTION>
Name and Citizenship Business Address Position/Principal Occupation
-------------------- ---------------- -----------------------------
<S> <C> <C>
Joel Richards III El Paso Energy Corporation Executive Vice President
(United States Citizen) 1001 Louisiana Street
Houston, Texas 77002
John W. Somerhalder II El Paso Energy Corporation Executive Vice President
(United States Citizen) 1001 Louisiana Street
Houston, Texas 77002
William A. Smith El Paso Energy Corporation Executive Vice President
(United States Citizen) 1001 Louisiana Street
Houston, Texas 77002
Britton White Jr. El Paso Energy Corporation Executive Vice President and
(United States Citizen) 1001 Louisiana Street General Counsel
Houston, Texas 77002
Jeffrey I. Beason El Paso Energy Corporation Senior Vice President and Controller
(United States Citizen) 1001 Louisiana Street
Houston, Texas 77002
Norma F. Dunn El Paso Energy Corporation Senior Vice President
(United States Citizen) 1001 Louisiana Street
Houston, Texas 77002
Graciela E. Martinez El Paso Energy Corporation Senior Vice President
(United States Citizen) 1001 Louisiana Street
Houston, Texas 77002
James R. McCotter El Paso Energy Corporation Senior Vice President and
(United States Citizen) 1001 Louisiana Street Deputy General Counsel
Houston, Texas 77002
</TABLE>
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<PAGE> 6
<TABLE>
<CAPTION>
Name and Citizenship Business Address Position/Principal Occupation
-------------------- ---------------- -----------------------------
<S> <C> <C>
C. Dana Rice El Paso Energy Corporation Senior Vice President and
(United States Citizen) 1001 Louisiana Street Treasurer
Houston, Texas 77002
Bruce Connery El Paso Energy Corporation Vice President
(United States Citizen) 1001 Louisiana Street
Houston, Texas 77002
Thomas G. Kilgore El Paso Energy Corporation Vice President
(United States Citizen) 1001 Louisiana Street
Houston, Texas 77002
David L. Siddall El Paso Energy Corporation Vice President, Associate
(United States Citizen) 1001 Louisiana Street General Counsel and Corporate
Houston, Texas 77002 Secretary
Judy A. Vandagriff El Paso Energy Corporation Vice President
(United States Citizen) 1001 Louisiana Street
Houston, Texas 77002
Stephen C. Beasley El Paso Energy Corporation President of Tennessee Gas
(United States Citizen) 1001 Louisiana Street Pipeline Company
Houston, Texas 77002
John B. Holmes, Jr. El Paso Energy Corporation President of El Paso Production
(United States Citizen) 1001 Louisiana Street Company
Houston, Texas 77002
Greg G. Jenkins El Paso Energy Corporation President of El Paso Merchant
(United States Citizen) 1001 Louisiana Street Energy Group, L.L.C.
Houston, Texas 77002
Robert G. Phillips El Paso Energy Corporation President of El Paso Field
(United States Citizen) 1001 Louisiana Street Services Company
Houston, Texas 77002
Patricia A. Shelton El Paso Energy Corporation President of El Paso Natural Gas
(United States Citizen) 1001 Louisiana Street Company
Houston, Texas 77002
Byron Allumbaugh Ralphs Grocery Company Director of El Paso; retired
(United States Citizen) 610 Newport Center Drive Chairman and Chief Executive
Suite 210 Officer of Ralphs Grocery
Newport Beach, CA 92660-6475 Company
Juan Carlos Braniff Grupo Financiero Bancomer Director of El Paso; Vice
(Mexican Citizen) Universidad 1200, Col, XOCO Chairman of Grupo Financiero
Mexico, D.F.C.P 03339 Bancomer
James F. Gibbons Stanford University Director of El Paso; Former Dean
(United States Citizen) Paul G. Allen Center for of Engineering at Stanford
Integrated Systems University
Room 201, (Mail Stop 4075)
Stanford, CA 94305
Ronald L. Kuehn, Jr. 2813 Shook Hill Circle Chairman of the Board of
(United States Citizen) Birmingham, AL 35223 El Paso; former Chairman of the
Board of Sonat, Inc.
Ben F. Love Chase Bank of Texas Director of El Paso; Retired
(United States Citizen) 600 Travis, 18th Floor Chairman and Chief Executive
Houston, TX 77002 Officer of Chase Bank of Texas
Max L. Lukens 3415 Albans Director of El Paso; Former
(United States Citizen) Houston, TX 77005 Chairman, President and Chief
Executive Officer of Baker
Hughes Incorporated
Kenneth L. Smalley 5 Queensview Court Director of El Paso; Retired Senior
(United States Citizen) Dallas, TX 75225 Vice President of Phillips Petroleum
Company
Adrian M. Tocklin Tocklin & Associates, Inc. Director of El Paso; President
(United States Citizen) 4961 Bacopa Lane South and Chief Executive Officer of
#801 Islamorada Tocklin & Associates, Inc.
St. Petersburg, FL 33715
Malcolm Wallop Western Strategy Group Director of El Paso;
(United States Citizen) 1401 Wilson Blvd. Chairman of Western Strategy
Arlington, VA 22209 Group and Frontiers of Freedom
Foundation
</TABLE>
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