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Corporate Profile for PANACO Inc., dated July 2, 1999.


--(BUSINESS WIRE)--

The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-

Published Date:   July 2, 1999

Company Name:     PANACO Inc.

Address:          1100 Louisiana, Suite 5100
                  Houston, Texas  77002

Main Telephone
 Number:          713/970-3100

Internet Home
 Page Address
  (URL)           http://www.panaco.com

Chief Executive
 Officer:         Larry M. Wright

Chief Financial
 Officer:         Todd R. Bart

Investor Relations
 Contact:         Michele Hines
 Business number: 713/970-3101
 E-mail address:  MicheleH@panaco.com

Public Relations
 Contact:         Michele Hines
 Business number: 713/970-3101
 E-mail address:  MicheleH@panaco.com

Industry:         Oil and Gas Production

Trading Symbol/
 Exchange:        Nasdaq/PANA

Market Makers:    A.G. Edwards


Company description: PANACO Inc. is an independent oil and gas exploration and production Company focused primarily on the Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico
Golfo de Mexico

Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east
 and the Gulf Coast Region. The Company acquires producing properties with a view toward further exploitation Exploitation
See also Opportunism.

Barnum, P. T.

(1810–1891) circus impressario famous for his saying, “Never give a sucker an even break.” [Am. Hist.
 and development, capitalizing on state-of-the-art 3-D seismic and horizontal drilling a drilling machine having a horizontal drill spindle.

See also: Horizontal
 technology to recover reserves that were bypassed or previously overlooked. Emphasis is also placed on pipeline and other infrastructure to provide transportation, processing and tieback tie·back  
n.
1. A decorative loop of fabric, cord, or metal for parting and draping a curtain to the side.

2. tiebacks A pair of curtains intended to be tied back.

Noun 1.
 services to neighboring neigh·bor  
n.
1. One who lives near or next to another.

2. A person, place, or thing adjacent to or located near another.

3. A fellow human.

4. Used as a form of familiar address.

v.
 operators.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jul 2, 1999
Words:204
Previous Article:Corporate Profile for The Peabody Hotel Group, Dated July 2, 1999.
Next Article:Corporate Profile for EchoStar Communications Corporation, dated July 2, 1999.



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