BACK TO MOUNTAIN VIEW, OCT. 26 FOR TOGA MEETING-The Tennessee Oil & Gas Association will hold its monthly meeting at the Mountain View Golf Course and Lodge at 6:30 p.m. (CST), Thursday, October 26th. On the agenda are finalizing plans for the Christmas Party, setting an agenda for 2000 and future programs. The Mountain View Golf Course and Lodge is south of Allardt, which is just outside Jamestown. At the four-way stop in Allardt, turn south (toward Crossville). The Mountain View Golf Club and Lodge is on the left about 3 miles down the road. Dinner will be at 6:30 p.m. ($3 each) with the meeting to start at 7:00 p.m.

NEW PARADIGM PRESIDENT SPEAKS TO TOGA-Gerry Calhoun, President, New Paradigm Exploration Services, explained to TOGA members at the September meeting how the company’s aromatic soil gas analysis works. For generations, expert acknowledged that Benzene and Toluene (BTEX) form anomalous concentrations and migrate to the surface directly above oil accumulations. New Paradigm is the world’s only provider of technology that can identify BTEX vertical migration in the field. The firm’s gas analysis gives operators 94% accuracy in predicting dry or marginal production and 71% accuracy in predicting commercial production. For more information, call Gerry at 615-383-0570.

MILLER HITS BIG WELL, SELLS KENTUCKY LEASES-Miller Petroleum (MILL:OTCBB) has announced the completion of the Dewey Sutton #1 well in Hancock County. The well came in natural at 3,093 feet in the Trenton and tested at a rate of 100 BOD. The well is located on a farmout from Tengasco, Inc., which has hit about 20 oil and gas wells in the area. Some of the gas wells tested more 6 Mmcf/d. A pipeline is under construction and is expected to be completed soon.

Miller also announced it sold 40,000 acres of leases, known as the S.M.E.P.A. leases in Leslie, Clay, Harlan and Knox County, Kentucky to an undisclosed purchaser for $2 million. Miller said the sale reduces the company’s debt by about 50%. The firm will use the net proceeds to continue to develop its 20 location farmout with Tengasco in the Hancock County area and gas drilling.

YOUNG OIL CORP DEEPENS WRIGHT #1, 102 BOD-Young Oil Corporation announced that when it deepened the Wright #1 again, this time to 1,150 feet, the well was put on pump and began producing at a rate of 102 BOD. The well was first drilled in January 2000. It came in flowing from the Upper Sunnybrook at 130 BOD from 540 feet. It was then drilled to 750 feet and it flowed at the rate of 48 barrels an hour, then production dropped off so Young deepened it to the Stones River.

TOGA CHRISTMAS PARTY, DEC. 9, KNOXVILLE-Christmas Party Chairman Anne Byrd said plans are nearly complete for the annual Tennessee Oil & Gas Association Christmas Party to be held at the Cedar Bluff Holiday Inn in Knoxville on Saturday, December 9^th. "We need both reservations and sponsors," said Byrd. Sponsorships are $100, which keeps the price of the party low, only $25 per couple. But we need to know very soon how many to expect." Members and guests are welcome. For reservations, sponsor’s information or questions, call the TOGA office at 615-263-1291; fax 615-263-1282 or e-mail tmdbill@aol.com.

NOT ENOUGH GAS AROUND—According to a recent article in Business Week, national gas is hot. There is not enough around and no relief in site. Some analysts believe natural gas prices could zoom. The article notes that the biggest new demand for gas is coming from power plants, to generate electricity for the exploding population and high-tech gadgets. As a result, demand for natural gas no longer peaks in the winter or saga in the summer. This adds up to a major transition for the natural gas industry and higher prices. Today, gas provides about 20% of U.S. energy needs. Forecasts call for a jump to 30% by 2015.

With supplies already tight, this surge seems guaranteed to lock in higher prices—with the possibility of drastic price spikes in the face of concerns about a near-term shortfall, the national business magazine predicts.

SAVE DOMESTIC OIL WINS IN COURT-Judge Thomas Aquilino of the U.S. Court of International Trade issued an order in September remanding Save Domestic Oil’s appeal in their crude oil anti-dumping case back to the Department of Commerce with specific instructions to initiate an investigation immediately. In short, they won, says Harold Hamm, Chairman. SDO needs your financial support to continue the fight: Save Domestic Oil, P.O. Box 862, Enid, OK 73702, call: 580-548-5131, fax 580-242.

OIL PRICE DIPS BUT STILL GOOD, NATURAL GAS GETTING BETTER-OPEC announcements had a negative impact on oil prices, which had hit $30 here on September 6^th. By October 6^th, prices at South Kentucky Purchasing was off the $30 price, paying $26.50, but they recovered a bit to $28^th on October 10^th. At least they are headed back in the right direction. Citizens Gas Utility District is paying $5.19 for October gas, less brokerage and other charges, up from the $4.52 Citizens paid in September.

DENVER PROSPECT FAIR & TECHNOFEST, NOV. 7^TH-The expo, sponsored by the DAPL/RMAG/DGS is scheduled for Denver, November 7^th. Buyers and sellers and sponsors are invited to make plans to be a part of the best collection of North American interior basin prospect and property deals north of the Pecos. For more information: RMAG, 820 16^th St., Ste 505, Denver, CO 80202, call 303-573-8621, fax 303-628-0546 or e-mail RMAGdenver@aol.com.

PRESIDENTAL CANDIDATES UNVEIL NATIONAL ENERGY PLAN- Both the candidates for President have now spoken on energy. The Bush plan focuses on promoting domestic drilling, including 8% of the Artic National Wildlife Refuse. The Gore plan doesn’t call for any wildlife or offshore drilling, but rather tax credits for public conservation. Check out both candidates and vote.

TENNESSEE SEPTEMBER WELL PERMITS- Fentress County- Basin Oil & Gas Corp., Permit # 9616, Joe Pile II, Riverton Quad, 2000 ft./ Hancock County- Tengasco Inc., Permit # 9610, Hugh Roberts #1, Swan Island Quad, 5000 ft./ Tengasco, Inc., Permit #9618, Ted Hall Unit #1, Swan Island Quad, 5000 ft./ Hawkins County-Penn Virginia Oil & Gas Corp., Permit #9614, Secay RGI, Bulld Gap Quad, 7200 ft./ Overton County- Pryor Oil Co. Inc., Permit #9607, Allen Sells #1, Alpine Quad, 2000 ft./ Target Oil & Gas Corp., Permit # 9609, Jerry Garret #7, Alpine Quad, 2000 ft./ Pryor Oil Corp., Permit # 9611, Randy Campbell - B, Alpine Quad, 2000 ft./ Ohio-Ky Oil Corp., Permit # 9615, Jimmy Gillentine #1, Alpine Quad, 2000 ft./ John Henry Oil Corp., Permit # 9617, Roger McDonald #5, Alpine Quad, 2000 ft./ Ohio-Ky Oil Corp., Permit #9619, Ralph Dishman 2A, Alpine Quad, 2000 ft./ Young Oil Corp., Permit #9620, Jimmy Terry Gillentine, Alpine Quad, 2000 ft./ Pickett County- Bottom Line Oil & Gas, Inc., Permit #9612, Peavyhouse-Whited Unit, Riverton Quad, 2000 ft./ Ohio-Ky Oil Corp., Permit #9613, Roger Wright #9, Alpine Quad, 2000 ft./

KENTUCKY SEPTEMBER WELL PERMITS- Clinton County- Cherry Oil & Gas Inc., Permit #91501, Pperal Melton #202/ Steve Burchett Oil Co., Permit #91510, Jimmy Upchurch #7/ Steve Burchett Oil Co., Permit #91511, Jimmy Upchurch #8/ Cherry Oil & Gas Co., Permit #91540, Pearl Melton #201/ Expo Oil, Inc., Permit #91577, Southeast Associates #16/ Joe Todd Oil Project, Permit #91602, Steve Dickerson #1/ Joe Todd Oil Project, Permit #91603, Steve Dickerson #2/ Cumberland County – Barrett Oil Co., Permit #91533, Robert Wathen #1/ Papineau Construction Co., Permit #91585, Ronald Sells Estate #2R/ Harlan County- West Bay Exploration Co., Permit #91575, Christine Turner #1/ Knox County – NAMI Resources Co., LLC, Permit #91521, Emanuel Jackson #2/ NAMI Resources Co., LLC, Permit #91520, Henry Engle #1/ NAMI Resources Co., LLC, Permit #91532, Bill & Mike Helton #1/ NAMI Resources Co., LLC, Permit #91578, Paul & John Wilburn #2/ NAMI Resources Co., LLC, Permit #91579, Howard & Cheryl Brown #1/ Letcher County – Equitable Production Co., Permit #91604, David Cohen #K-4604/ Equitable Production Co., Permit #91605, David Cohen #K-4605/ Muhlenberg County – Kelly Williams, Permit #91539, William Arnold #1/ Russell County- Paul Grammer, Permit 91541, James Coffee #3.

The Ky/Tenn Report is published monthly and distributed at no cost to oil and gas operators in Tennessee and Southern Kentucky. It is owned and operated by W.D. Goodwin, Inc., The editor is Bill Goodwin, e-mail: tmdbill@aol.com It is the official publication of the Tennessee Oil & Gas Association, 750 Old Hickory Blvd, #170, Brentwood, TN, 37027. Phone 615.263.1291, fax 615.263.1282. Web site: www.tennoil.com.

BRENTWOOD, TN 37027