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REF NO.: 182

SUBJECT: Memorial University forum focuses on development of petroleum resources

DATE: June 9

The Oil and Gas Development Partnership Lecture Series continues at Memorial University on Wednesday, June 18, 2003, with an open forum titled Deepwater Regulatory and Fiscal Issues: A Global Perspective. Daniel Johnston, independent financial consultant to the international petroleum industry, will participate in the discussion focusing on the key issues facing governments and provinces developing their petroleum resources. As custodians of the nations' mineral wealth, national oil companies and oil ministers are faced with a dynamic and challenging market for capital and technology.

The forum starts at 7 p.m. in the Science Lecture Theatre, Room SN-2109, main lobby of the Science Building on Memorial's St. John's campus. Admission is free and all are welcome to attend. Parking is available in Lot 15.

Initiated in September 2001, the Oil and Gas Development Partnership Lecture Series brings together industry, academia, government and the community, providing information on new developments, issues, technologies and trends that directly affect the future of the east coast industry.

Media agencies are encouraged to send representatives.

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