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Ocean Energy Schedules Second Quarter Earnings Conference Call and Webcast

    HOUSTON, July 23 /PRNewswire/ -- Ocean Energy, Inc. (NYSE: OEI) will
conduct a second quarter earnings conference call and live webcast at
9 a.m. Central / 10 a.m. Eastern on Wednesday, August 1, 2001.
    To join the call from the United States, dial 1-888-455-0032.  From
international locations, dial 1-415-228-5025.  The call passcode is OEI and
the call leader is James Hackett, chairman of the board, president and chief
executive officer.
    For the webcast, log on to
http://www.shareholder.com/oceanenergy/medialist.cfm from a computer that
meets these minimum requirements:

     --  RealPlayer 8 Basic beta software, downloadable free from
         http://www.real.com/products/player/index.html

     --  At least a 14.4 Kbps connection to the Internet

     --  Soundcards and speakers to project the audio stream from the
         conference call (without this feature, dial into the conference call
         by phone for the audio portion)

     --  Please note that Ocean Energy is unable to provide technical support
         for downloading software or joining the Internet broadcast.  For
         best results, download and test the software at least one day prior
         to the call.

    The Internet broadcast will be archived on the investor relations section
of the Ocean Energy Web site at http://www.oceanenergy.com through August 22.  The
audio portion of the call will also be available for playback by phone during
this time period by dialing 888-568-0052 (U.S. and Canada) or 402-530-7759
(international).

    Ocean Energy, Inc. is an independent energy company engaged in the
exploration, development, production, and acquisition of crude oil and natural
gas.  North American operations are focused in the shelf and deepwater areas
of the Gulf of Mexico, the Permian Basin, Mid-continent and Rocky Mountain
regions.  Internationally, Ocean holds a leading position among U.S.
independents in West Africa with oil and gas activities in Equatorial Guinea,
Cote d'Ivoire, and Angola.  The company also conducts operations in the
republics of Egypt, Tatarstan, Pakistan and Indonesia.



SOURCE Ocean Energy, Inc.




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Related links:
  • http://www.shareholder.com/oceanenergy/medialist.cfm
  • http://www.oceanenergy.com
    Company News On-Call:
  • http://www.prnewswire.com/gh/cnoc/comp/913463.html
    CONTACT:
    financial, Bruce Busmire, +1-713-265-6161, or
    media, Janice Aston White, +1-713-265-6164, both of Ocean Energy,
    Inc.