Robert Caldwell, Partner at The Scotia Group, Inc. (Scotia), has received SPE's Economics and Evaluation Award for 2000 and will be recognized at the Awards Banquet of the SPE Annual Technical Conference and Exhibition in Dallas on October 2nd. Robert is recognized for his contributions that have "helped change the oil and gas industry." His work with Scotia involves reserves and reservoir analysis, database development, and the company's strategic studies business. Robert earned BS and PhD degrees in geology and held positions with Gaffney Cline, Core Laboratories and West Australian Petroleum prior to co-founding Scotia with Dave Heather in 1981. He has authored more than 20 technical papers.

Scotia continues work with four multi-disciplinary teams on a recently signed two-year contract as the Burgos Basin Subsurface Advisor for PEMEX. In addition, Scotia has recently completed an integrated field development study for PEMEX which identified sufficient recoverable gas from infill locations to replace previous reserves. Field production is expected to more than double over the next three years with an active infill drilling program based on Scotia's study.

Scotia's proprietary RESWIZ has recently been used for a client to analyze well spacing and production statistics for Lobo producing fields in several counties of south Texas. RESWIZ, a software/database package, which has been continually developed and upgraded over the past ten years, may be used in a variety of applications ranging from upside evaluation for oil and gas field acquisitions to competitor analysis and proactive play evaluation. RESWIZ allows for quantification of reserves growth in terms of both volumes involved, their rates of development and relative economics.

Scotia continues to increase its client base in the Houston area with the recent addition of Petrobras America, Inc.

Kazakhstan continues to be an active work area. Scotia will kick off a new multi-year development program this month, assisting the operator of a very large producing oil field adjacent to the Caspian Sea.

• Elk Hills Assessor, for the U. S. Department of Energy
• Lama Sur Field Simulation Study, Lake Maracaibo, for PDVSA
• Idle Well Briefing Document for the Clinton/Yeltsin Summit
• COOGER Project, Pacific OCS Operators, for the Minerals Management Service
• Reserves in Western Basins, Four Rocky Mountain basin-wide tight gas studies, for the U. S. DOE
• Emerging Resources Project, Gulf of Mexico region, Gas Research Institute
• Mangistaumunaigaz due diligence, Kazakhstan, Central Asia Petroleum
• Horizontal/Multilateral Technology, Deep Water Gulf of Mexico, for DeepStar
• Advised as expert in major tax case involving valuation issues

Scotia is pleased to welcome Gene Wiggins as Senior Vice President of Engineering in our Houston office. Gene will co-manage the Houston office with Mark Cocker who is Senior Vice President of Geosciences. Gene was previously in business development positions with British Borneo and Spirit Energy and was an engineering consultant in New Orleans prior to that. He was 1998 National President of the Society of Petroleum Evaluation Engineers.

Scotia is also pleased to welcome Lynne Goodoff as Principal Geophysicist in our Houston office. Lynne has over 20 years domestic and international experience with Exxon and Pennzoil prior to joining Scotia. In addition to other responsibilities, Lynne will be a member of the Burgos Basin team.