3TEC Energy Corporation Announces Dates for Third Quarter Earnings Release and Conference Call.

Business/Energy Editors

HOUSTON--(BUSINESS WIRE)--Nov. 7, 2000

3TEC Energy Corporation ("3TEC") (Nasdaq:TTEN) announced today it will release its third quarter 2000 earnings at 8:00 A.M. Eastern Standard Time on Tuesday, Nov. 14, 2000.

3TEC's management will be holding a conference call to discuss third quarter financial results and operating activity on Tuesday, Nov. 14, 2000 at 11:00 A.M. Eastern Standard Time. Interested parties may listen to the conference call live at 3TEC's Web site at www.3tecenergy.com. For those unable to participate on November 14, a tape replay will be available through Nov. 29, 2000 by calling 800/475-6701, passcode 548411. A replay of the conference call will also be available on the 3TEC Web site for 60 days following the call.

3TEC Energy Corporation is engaged in the acquisition, development, production and exploration of oil and natural gas, with properties geographically concentrated in East Texas and the Gulf Coast region. 3TEC also owns significant properties in the Permian and San Juan basins and in the Mid-Continent regions.

The information contained in this press release may contain projections, estimates and other forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that its expectations are based on reasonable assumptions, it can give no assurance that its goals will be achieved. Important factors that could cause actual results to differ materially from those included in the forward-looking statements include the timing and extent of changes in commodity prices for oil and gas, environmental risks, drilling, producing and operating risks, risks related to exploration and development, uncertainties about the estimates of reserves, government regulation, competition and the ability of the Company to meet its stated business goals.