874992--3/14/2006--REMINGTON_OIL_&_GAS

related topics

{gas, price, oil}

{condition, economic, financial}

{cost, regulation, environmental}

{loss, insurance, financial}

Our future success depends on our ability to economically increase our reserves and production, which historically have had relatively short production lives. Our forward sales decisions regarding some of our production may reduce our potential gains from increases in oil and gas prices. Our actual drilling results may differ from our estimates of proved reserves. We are dependent on other operators who influence our productivity. Adverse changes in the financial condition of our joint interest partners due to price declines, industry conditions, or events specific to a partner may affect our ability to carry out our program. The oil and gas industry is highly competitive. Government regulation may affect our ability to conduct operations, and the nature of our business exposes us to environmental liability.

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874992--3/14/2006--REMINGTON_OIL_&_GAS_CORP