NEWS RELEASE

March 2007 - CEC Energy Consultants assists IHS Energy with new training video to demonstrate engineering applications with their Petra software as well as provides advisory assistance with major engineering enhancements. The new video is available here.

December 2006 - CEC Energy Consultants is retained by Particle Drilling to research utilization potential for their new drilling technology in the Rockies and other similar basins in North America.

August 2006 - CEC Energy Consultants is retained by Constellation Energy Group to provide acquisition evaluation advisory services for all transactions in North America onshore and offshore.

May 2006 - CEC Energy Consultants is retained by Lamar Oil and Gas to assist with the divestiture of all its oil and gas properties in South Texas. CEC Energy Consultants provided the technical expertise to assist the company in documenting and presenting all technical and operational aspects of the company's assets, as well as identifying and qualifying potential purchasers.

May 2005 - CEC Energy Consultants is retained by Jefferson Wells to assist with all Sarbanes Oxley engineering and reserve audits of all their public company reviews each year.

September 2004 - CEC Energy Consultants solicits investor participation this fall in 3 new private investment partnerships to provide capital for oil and gas acreage acquisition, property acquisition of specific wells with prolific proven behind pipe zones, and drilling capital for participation in the drilling of prospects generated by company in the Western Anadarko and Arkoma basins of Oklahoma. Each of the three individual partnerships will not be burdened with any G&A costs as all capital will be used to invest in the acquisition of leasehold, individual wells or drilling prospects. Each partnership will require a three year commitment with annual distributions of earned income. Write (6700 Woodlands Pkwy, Ste 230-304, The Woodlands, Tx 77382) or call (713-502-9235) for a copy of our prospectus.

Acreage Partnership - $500,000 fund - $25,000 per unit - Projected annual CF/unit - $12,000 with estimated ROR of 100%

Acquisition Partnership - $1,050,000 fund - $35,000 per unit - Projected annual CF/unit - $18,000 with estimated ROR of 122%

Drilling Partnership - $1,500,000 fund - $50,000 per unit - Projected annual CF/unit - $43,000 with estimated ROR of 192%


August 2004 - CEC Energy Consultants assisted Great Plains Energy, well known Kansas City electric utility, to divest of all its oil and gas properties owned by its subsidiary KLT Gas, in the Picenace, Powder River and South Texas for a sales price in excess of 5 times its total booked proved reserve value. CEC Energy Consultants provided the technical expertise to assist the company in documenting and presenting all technical and operational aspects of the company's assets.

April 2004 - CEC Energy Consultants adds Information Technology expertise of Les Seibert, with 28 years experience in providing Information Technology Services to the oil and gas industry. With his strong business background, real energy and Information & Technology experience Mr. Seibert has evolved a unique broad-based “Energy/Technology” perspective that insures rapid, accurate and efficient problem resolution. During acquisition and merger activities, extensive downtime and inefficiencies are experienced by the land, administrative and accounting staffs of most mid-sized independents, primarily due to personnel that are pulled off weekly and monthly responsibilities to assist in the integration of the newly acquired properties or companies. Most often accounting, engineering, land and administration systems are different, and many man hours are required to integrate the new properties into existing systems. Through Mr. Seibert, CEC Energy Consultants provides its clients with the ability to seamlessly integrate newly acquired property data into the acquiring company’s systems without taking any personnel away from existing duties and responsibilities. That means no downtime or loss of revenues from existing operations and immediate integration of newly acquired properties for timely joint interest billing, quicker division order processing, accurate reserve assessment and analysis of newly acquired properties and most importantly, minimal time delay in realizing the impact of the newly acquired revenue streams.

February 2004 - CEC Energy Consultants adds geophysics expertise of 30 year veteran, Tom Wittick, to offer the industry a unified team whose members work together to maximize reservoir information gleaned from seismic data to provide clients with an integrated property assessment based on seismic data calibrated to reservoir engineering data. Calibration of seismic data allows extraction of detailed reservoir information from seismic, and results in more accurate assessment and deployment of development and exploitation strategies.

September 2003 - CEC Energy Consultants adds operational expertise of Dan Abney, with 30 years experience in drilling optimization, completion design, and production operations provides CEC Energy Consultants with world-class operations management capability for out-sourced projects. Dan has 30 years industry experience as an operations superintendent; drilling, completions and production operations supervisor; and held various supervisory positions with well service companies over field operations.

May 2003 - CEC Energy Consultants combines with Rike Services to assist TotalFinaElf in providing 8-week training courses to train Indonesian nationals to become Well Operations Supervisors.

February 2003 - CEC Energy Consultants combines with Rike Services to provide the US Commerce Department with training courses for Russian Oil & Gas Executives in the area of Concession Negotiation, Risk Assessment and Mitigation, and modern Economic Evaluation processes.

October 2002 - CEC Energy Consultants moves to the Houston area to set up shop at its new location in the Woodlands assisting companies with acquisition, merger and divestiture support and generation as well as all forms of engineering services and project management.

May 2002 - CEC Energy Consultants helps finalize a successful transaction in assisting Helmerich & Payne, a long-time Tulsa-based International Drilling Contractor, divest of its E&P assets on a tax free basis, through a merger with Key Production of Denver, Colorado. The new merged entity will be Cimarex Energy, which will be a publicly traded entity. CEC Energy Consultants assisted H&P in identifying as well as performed evaluation efforts to assist the company in finding the right candidate as well as assisted management through the evaluation, negotiation and due diligence process.

 
 
 
 
 
 
 
 
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