Dominion E&P Honored by Minerals Management Service for Safety and Accurate Reporting Practices.Business Editors HOUSTON & NEW ORLEANS--(BUSINESS WIRE)--April 29, 2003 Dominion Exploration & Production, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Dominion (NYSE NYSE See: New York Stock Exchange :D), was presented with the prestigious 2002 Safe Operations and Accurate Reporting (SOAR) award by the U. S. Department of Interior's Minerals Management Service (MMS (Multimedia Messaging Service) An enhanced transmission service that enables graphics, video clips and sound files to be transmitted via cellphones. Developed as part of the 3GPP project, MMS phones are generally backward compatible with SMS and EMS. ). Dominion E&P has been an MMS national award finalist for the past five years. Last year, Dominion E&P received the National Safety Award for Excellence (SAFE) in the moderate activity category, the result of its employees' safety record and their performance on its 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 facilities. The company also earned the SAFE award in 1998 as CNG CNG Compressed Natural Gas CNG Calling (Tone) CNG Comfort Noise Generation CNG Cryptography Next Generation (Microsoft Windows Vista) CNG Centre National de Génotypage Producing, a predecessor company to Dominion E&P. The SOAR award recognizes companies that are outstanding in the areas of offshore operating performance and fiscal responsibility. The MMS considers SOAR recipients to be among the safest and most committed to timely and accurate financial reporting of those operating production platforms on the Outer Continental Shelf In the federal United States, the Outer Continental Shelf (OCS) consists of the submerged lands, subsoil, and seabed, lying between the seaward extent of the States' jurisdiction and the seaward extent of Federal jurisdiction. in the Gulf of Mexico. "This honor acknowledges Dominion's commitment to exceptional safety and environmental standards," said Duane Radtke, Dominion E&P president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "It recognizes the hard work and dedication of the employees in our Offshore Business Unit, headquartered in New Orleans, and the service providers and contractors who help us achieve these outstanding results. This achievement typifies the culture of safety and environmental concern at Dominion, where excellence is both expected and delivered, not only in the Gulf of Mexico, but in all operations. We are proud to have our offshore group so honored by the MMS." Dominion is one of the nation's largest producers of energy, with a diversified and integrated energy portfolio that includes 24,000 megawatts of generation and 6.1 trillion cubic feet equivalent of proved natural gas reserves. Dominion also serves 5 million retail energy customers in nine states. For more information about Dominion, visit the company's Web site at www.dom.com. |
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