May 3, 2002

TO:                  Members, Media

FROM:             Legislative Service Office

PRESS RELEASE
Agenda

Senator Bill Hawks and Representative Clarene Law, Co-chairs, Joint Minerals, Business and Economic Development Interim Committee, have announced the Committee will meet:

Tuesday and Wednesday

May 21 and 22, 2002

Oil and Gas Conservation Commission

777 West 1^st Street

Casper, Wyoming

The purpose of the meeting is to address the following coal valuation issues:

            1.         The Powder River Coal Co. decision.

            2.         Point of valuation.

            3.         Valuation floor.

            4.         Intercompany/Affiliate sales.

            5.         Alternative valuation method.

Tentative Agenda is attached.

Questions about this meeting should be directed to Legislative Service Office Committee staff Emily Gardyasz.

Persons with disabilities requiring special accommodations, please contact the Legislative Service Office for assistance.  Thank you.

NOTE:Any written materials presented to the Committee are also requested to be submitted to the Committee on diskette in WordPerfect, Microsoft Word or ASCII format. The text of all materials submitted on diskette will be included in the minutes of the Committee which are available on the Legislative Web Site (HTTP://LEGISWEB.STATE.WY.US). All materials submitted in written form will still be part of the Committee's official minutes on file at LSO.

Members of Joint Minerals, Business and Economic Development Interim Committee:

Senators:  Hawks, co-chair; Decaria; Mockler; Schiffer; Youngbauer

Representatives: Law, co-chair; Anderson; Childers; Esquibel, Eyre; Illoway; Lockhart; Meyer; Miller, D.