NaturalGasStocks.com Reports on the Outlook for Natural Gas in the Wake of Katrina

NaturalGasStocks.com Reports on the Outlook for Natural Gas in the Wake of Katrina

Price Pressure and Supply Strain Continue as Industry Compensates for Damage in Louisiana
POINT ROBERTS, WA. September 12, 2005 - www.NaturalGasStocks.com (NGS), and www.OilandGasStockNews.com (OGSN), global investor websites for the natural gas, energy and oil industries report on the impacts in the natural gas arena as a result of Hurricane Katrina. Analyst Philip McPherson, Director of Research, C.K. Cooper & Company, and International Energy Consultants, Purvin & Gertz, Inc. reveal industry insights into the potential market reaction to the disaster as we move forward towards recovery. Industry participants Petrol Oil & Gas Inc. (OTCBB: POIG), Bontan Corporation, Inc. (OTCBB: BNTNF), and Running Fox Resource Corp (OTC.PK: RFXRF; TSX: RUN) provide perspectives on the current and future natural gas environment. In addition, relief efforts have received tremendous support from major contributors such as BP plc, Anadarko Petroleum Corp. (NYSE: APC) and Chesapeake Energy Corporation (NYSE: CHK).

Report Excerpt: Moving Forward Towards Recovery – The Outlook for Natural Gas in the Wake of Katrina

By Ann-Marie Fleming, www.NaturalGasStocks.com, www.OilandGasStockNews.com
September 2005

As the State of Louisiana and the world as a whole begin the long journey towards recovery in the aftermath of Hurricane Katrina, many uncertainties still remain. The Gulf coast is a highly productive and relied upon oil and gas mainstay, therefore in an environment of considerably high prices, shortages in supply and a growing demand, the industry as a whole has felt the shockwave of this disaster.

Initial reductions in natural gas supplies as a result of Hurricane Katrina were estimated to be 8.8 billion cubic feet per day (bcfd) due to shut-ins and direct damage, according to the Minerals Management Service. This level as of September 8th is estimated at 4.0 bcfd. According to Purvin & Gertz Inc., "this represents about 40% of the natural gas production from the Gulf of Mexico and about 7.5% of the United State’s total domestic gas production."

The disruption in supply in this region is further complicated by the lack of alternative gas supplies. Additional supply from Canada and Liquefied Natural Gas (LNG) sources are limited, a problem that may escalate if the situation continues into the heating season.

To Read the Full Report Click Here:
http://www.naturalgasstocks.com/ogsn/Articles/Market.asp

The NGS and OGSN sites do not make recommendations, but offer unique information portals to investors to explore news, articles, and recent research.

Featured Company: (OGSN and NGS are compensated by companies as disclosed in disclaimer.)

Petrol Oil and Gas, Inc. (OTCBB: POIG) is an oil and gas producer whose primary focus is the development and production of oil, gas, and Coal Bed Methane (CBM) in Eastern Kansas and Western Missouri. During the past three years POIG has assembled a 165,000 gross mineral acreage prospect and drilled a total of 23 test/development wells in this area that are geologically suitable for CBM development. In addition, the Company currently operates its 10,000 gross acre producing Petrol-Neodesha property with 72 CBM wells in the prolific Thayer Gas Field in Southeast Kansas and has recently acquired an additional 400 gross acres adjacent to its Petrol-Neodesha property.

For more information on Petrol Oil and Gas, click here: http://www.naturalgasstocks.com/Petrol_Oil_and_Gas/Default.asp

Bontan Corporation, Inc. (OTCBB: BNTNF) is an international diversified natural resource company that operates and invests in major exploration prospects. Bontan currently has a 49% working interest in a gas exploration project in eastern Calcasieu Parish, Louisiana.

For more information on Bontan Corporation, click here:
http://www.naturalgasstocks.com/CO/BNTNF/Default.asp

Running Fox Resource Corp (OTC.PK: RFXRF; TSX: RUN) is a small cap company drilling a high impact giant horizontal gas well in Alberta. The well has a potential resource base between 30 billion cubic feet and 80 billion cubic feet. Possible production rates are 10 million cubic feet per day to 35 million cubic feet per day plus BTU-rich liquid condensates. Acreage size of 17,400 acres offers numerous development and exploration drilling targets. Running Fox also has high grade gold projects in Canada and Alaska.

For more information on Running Fox, click here:
http://www.naturalgasstocks.com/Companies/NaturalGas/IndustryResearch.asp

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Ann-Marie Fleming 866.725.2554
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