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The Industry Authority for over 100 years 101,695 paid subscribers * Print, digital, and site license 50% International

The Industry Authority for over 100 years 101,695 paid subscribers * Print, digital, and site license 50% International Oilfield to boardroom readership. *ABC Statement, June 2007. Editorial Mission .

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The Industry Authority for over 100 years 101,695 paid subscribers * Print, digital, and site license 50% International

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  1. The Industry Authority for over 100 years • 101,695 paid subscribers* • Print, digital, and site license • 50% International • Oilfield to boardroom readership *ABC Statement, June 2007

  2. Editorial Mission “To provide our readers with all the information they need, in the depth and detail they need it, to best perform their jobs.” – Bob Tippee, Editor • Each issue contains: • General Interest/News • Exploration & Development • Drilling & Production • Processing • Transportation

  3. Editorial Dominance More valuable information for your customers. Total Industry Editorial Pages Base=4846 *Oil & Gas Journal Media Data (Jan. 2006 – Dec. 2006)

  4. Editorial Dominance More valuable information for your customers. Source: Oil & Gas Journal Media Data (Jan. 2006 – Dec. 2006)

  5. Editorial Dominance • 16 Full Time Editors • Over 170 Years Oil/Editorial Experience • More Than Triple the Number of Editorial Pages, Compared to Other Industry Publications1 • Only Truly Global Reach • Weekly Print and Digital • Daily Online 1 Oil & Gas Journal Media Data (Jan. 2006 – Dec. 2006)

  6. Readership Dominance Oil & Gas Journal is preferred by your customers, and is read more than any other industry publication.* Industry Publication Readership & Preference *Petroleum Research Bureau (July 2005)

  7. Circulation Dominance Reach more of your customers - 101,695paidsubscribers!* Total Qualified Circulation * Oil & Gas Journal and Pipeline & Gas Journal ABC. (Jun 2007) Hart's E&P; Hydrocarbon Processing;World Oil and Hart's Pipeline & Gas Technology BPA. (Jun 2007)

  8. Added since the June ABC audit: BASF 1,500 EnCana 500 Repsol YPF 2,500 Circulation Dominance Current Corporate Site Licenses Chevron 15,000 BP America 12,000 Petrobras 10,000 Total 10,000 Shell Int’l E & P 7,000 Aramco Services 5,000 ConocoPhillips 5,000 Statoil 5,000 Anadarko 2,500 PricewaterhouseCoopers 2,500 Invensys 2,000 Devon Energy Corporation 500 Digital Edition Subscribers* Total 76,500 Individual Digital Subscribers** Total 2,625 Individual Print Subscribers** Total 22,570 Total OGJ Subscribers** 101,695 * Indicates the current issue is posted on the company’s intranet, counting as Qualified Paid on the Publisher’s Statement** ABC Publisher's Statement (Jun 2007)

  9. Circulation Dominance Reach more of your customers - 101,695paidsubscribers!* Geographic Breakdown* *ABC Statement, June 2007

  10. Circulation Dominance Reach more of your customers - 101,695paidsubscribers!* Breakdown By Job Title* Company Officials,Directors & Managers Engineers, Chemists &Geologists Others ContractorsSuperintendentsForemenMisc. Workers *ABC Statement, June 2007

  11. Total Ad Pages for 2006* 827 694 622 564 544 Advertising Dominance Advertisers value Oil & Gas Journal *IMS Auditor (Jan – Dec 2006)

  12. Oil & Gas Journal’s LNG Observer • Now Print and Digital! • Over 60,000 Circulation • Key managers and subscribers involved in LNG including exploration & development, pipelines, transportation and construction • Editorial Focus • LNG projects by region • Updates on shipping industry • Regulatory issues • Recent statistics • Interviews: government and industry • Technical articles • Quarterly

  13. Oil & Gas Journal - Latinoaméricana • Local . . . produced in Brazil • 6X frequency • 80% of circulation is in Brazil, Argentina, Mexico, Colombia, and Venezuela • Only regional publication in both Spanish and Portuguese

  14. Oil & Gas Journal - Russia • Russian language magazine reaching executives, management, and technical professionals throughout Russia. • Published 12 times a year by Russia's largest privately owned publishing company – in partnership with PennWell. • Distributed by subscription, controlled distribution, and at special events. • Base circulation – 15,000 copies • Launched in June, 2006 RUSSIAN OGJ SINCE JUNE 2006

  15. Market Focused Supplements • Upcoming Opportunities • Well Intervention – November, 2007 • 2008 • Downstream Instrumentation & Controls – Jan • Coiled Tubing – Feb • Gas Processing – Mar • Pipeline Protection – Apr • Offshore Production – Apr • Downhole Fluids – May • Advanced Drilling – Jun • Downhole Equipment – Jul • Oil & Gas Upstream IT – Aug • Processing Units – Aug • Production Stimulation – Sep • Seismic Data Acquisition – Oct • Oil Country Tubular Goods – Nov

  16. Industry Dominance • Award-Winning Editorial • More Than Triple the Number of Editorial Pages, Compared to Other Industry Publications1 • Highest Circulation2 – By Far • Read More Than Any Other Industry Publication3 • Ranked Most Helpful of AnyIndustry Publication3 • Global Market Penetration 1 Oil & Gas Journal Media Data (Jan. 2006 – Dec. 2006) 2 ABC Statement (June 2007) 3 Petroleum Research Bureau (July 2005)

  17. PennWell Events • Oil Sands and Heavy Oil Technologies Conference & ExhibitionJuly 2008 / Calgary • Unconventional Gas International Conference & Exhibition September 2008 / Fort Worth • Oil & Gas Maintenance Technology Conference & Exhibition December 2008 / Bahrain

  18. PennWell Petroleum Group An Integrated Media Package Can Enhance the Value of Every Dollar Spent

  19. Winning Together Oil & Gas Journal is your Global Partner and part of the PennWell Petroleum Group

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