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News : Oil & Gas Journal and Warlick International Offer Special Report on Libya Market

HOUSTON, Sept. 28 /PRNewswire/ -- PennWell Corp., publisher of Oil & Gas Journal, and Warlick International, a global business intelligence consultancy, have announced the release of a special report covering the emerging oil and gas market in Libya: Libya Upstream Oil & Gas Market Report 2005.

With UN sanctions against Libya lifted, and with proven oil reserves estimated to exceed 29 billion barrels and natural gas potential reportedly exceeding 420 TCF, Libya is poised to become a major supplier to Europe and elsewhere in the near future. Warlick International's Libya Upstream report will fill the information and business intelligence void by offering critical data, information and forecasts that will be needed for strategic plans in Libya.

The report has been developed for management at E&P companies, engineering firms, oilfield service companies, banking and investment companies, and firms providing legal, consulting and accounting services. Scheduled for publication on 15 November, 2004, the report will be offered on a pre- publication basis on PennWell's OGJ Online Research Center website, http://www.ogjresearch.com , by mid-October.

Warlick International is a Houston-based company with 25 years' experience, providing market/business intelligence, forecasting, strategic counsel, litigation services, and business solutions to energy, technology, and industrial sector clients worldwide. The company's consultants are specialists and senior professionals with technical, marketing, and managerial skills. Clients have included BP, Schlumberger, Shell E&P, Halliburton, ExxonMobil, Cooper Cameron, ChevronTexaco, Weatherford, and Baker Hughes.

PennWell's Petroleum Group includes industry leading publications Oil & Gas Journal and OGJ Online, Oil & Gas Financial Journal, Offshore, OGJ Latinoamerica, and Oil Gas & Petrochem Equipment, plus 18 conferences and exhibitions serving the oil and gas industry.

Headquartered in Tulsa since 1910, PennWell Corp. is a highly diversified media and information company providing 75 authoritative print and online publications, 60 conferences and exhibitions, research, databases, Internet- based services and other information products to strategic global markets. In addition to oil and gas, these markets include electronics, semiconductor manufacturing, lasers, communications, computer graphics, information technology, control technology, electric power, water, fire services and dental. PennWell has major offices in Nashua, New Hampshire, Houston, Texas, London, England and other locations worldwide.

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