Company News On-Call

Costilla Energy, Inc.

Jul-12-2000
Costilla Energy Files Amended Plan of Reorganization
Jun-15-2000
Costilla Energy Reports Closing of Sale to Louis Dreyfus
Jun-2-2000
Costilla Reports Louis Dreyfus Bid of $133.25 Million for Oil and Gas Assets
Apr-24-2000
Costilla Energy Executes Agreement to Sell Oil and Gas Assets to Louis Dreyfus
Mar-2-2000
Costilla Energy Files Disclosure Statement Relating to Proposed Reorganization Plan; Year-End Reserve Estimates Reported
Feb-11-2000
Costilla Energy Submits Proposed Plan of Reorganization
Jan-12-2000
Costilla Granted Extension on Reorganization Exclusivity Period
Nov-15-1999
Costilla Energy Reports Third Quarter Financial Results
Sep-3-1999
Costilla Energy Files Chapter 11 Bankruptcy; Company Will Continue Operations in Ordinary Course
Aug-18-1999
Costilla Energy Obtains Bank Loan Extension; Company's Bank Group Waives Default on Payments Due August 10th
Aug-16-1999
Costilla Energy Notified of Nasdaq De-listing; Company Will Seek Quotation on OTC Bulletin Board
Aug-12-1999
Costilla Reports Status of Bank Loan Payments; Results of Second Quarter Reported; Agreement with Prize Energy to Provide New Exploration Opportunities South Texas Farmout Well Successfully Completed, Producing 7.5 Mmcfe Per Day
Jun-21-1999
Costilla Reports Rocky Mountain Property Sales
Jun-1-1999
Costilla's Bank Payment Extended to June 18th
May-20-1999
Costilla Energy Retains Petrie Parkman
May-17-1999
Costilla Granted Extension of Bank Payment; Property Sales Being Negotiated; First Quarter Results Reported
May-6-1999
Costilla Commences Restructuring Initiative; Significant Overhead Reductions Included
Apr-27-1999
Costilla Announces New Executive Management Team
Apr-16-1999
Costilla Reports Termination of Pioneer Transaction; Results of 4th Quarter, Year-End 1998 Reported
Apr-1-1999
Costilla and Pioneer Announce New Property Sale Agreement
Mar-26-1999
Costilla Obtains Bondholder Consent
Mar-15-1999
Costilla Energy to Seek Bondholder Consent for Preferred Stock Dividend; Year-End Reserve Estimates Reported
Feb-23-1999
Costilla and ONEOK Join in New Strategic Alliance; ONEOK to Make Substantial Investment in Costilla
Jan-20-1999
Costilla's Migl-Mitchell #5 Shows Test Potential of 93.5 MMCFD; Company's Seventh Speaks Well Catapults Field Production to 40 MMCFD; New Gas Hedges to Cover 94 Percent of Production at $2.20 Per MCF
Jan-7-1999
Costilla Continues to Score South Texas Drilling Successes; Newest Southwest Speaks Well Tests With Potential of 25 MMCFD; Company Initiates Sealy Project With Frio Discovery
Jan-5-1999
Costilla Cuts Costs; Cost Reduction Initiatives to Save $1.2 Million Quarterly
Dec-17-1998
Costilla's Acquisition From Pioneer Going Forward With Reduced Purchase Price Closing Re-scheduled for March 1999
Nov-30-1998
Costilla Gains Strong Stockholder Support for Pioneer Acquisition; Special Meeting Vote Paves Way for Closing Transaction
Nov-13-1998
Costilla's Third Quarter Highlighted by Pioneer Acquisition Agreement; Revenues Strengthened by Hedging Strategy; LOE Per Unit Cut 12 Percent; New Gas Hedges Announced
Oct-28-1998
Costilla Announces Completion of 500,000 Share Stock Buyback
Oct-13-1998
Costilla's Newest Speaks Well Ramps Up Field Production to 35 MMCFD
Sep-10-1998
Costilla Reports Details of Pioneer Acquisition; Financing Plan Expected to Include Significant Equity to the Company
Sep-8-1998
Costilla Announces $410 Million Acquisition From Pioneer; Acquisition Will Triple Costilla's Size, Add Significantly to Exploration Opportunities
Sep-1-1998
Costilla Hedges Oil at $16.25 Per Barrel:
Aug-25-1998
Costilla's Fourth Speaks Well Tests with AOF Potential of 64 MMCFD
Aug-5-1998
Costilla Energy Announces Second Quarter Performance
Jul-15-1998
Costilla Initiates Stock Buyback Plan; Board Authorizes Repurchase of 500,000 Shares
Jun-30-1998
Costilla Scores Record Production Levels With Continued Drilling Successes
Jun-3-1998
Costilla Energy Announces Enron Investment of $50 Million
May-20-1998
Costilla Discovers New Deep Wilcox Sands
May-7-1998
Costilla Reports First Quarter Results Current Highlights
Mar-23-1998
Costilla's Second SW Speaks Well Adds Significantly to Reserves
Feb-27-1998
Costilla Reports 4th Quarter, 1997 Results
Jan-28-1998
Costilla Potentials Recent Discovery For 116 MMCFD
Jan-8-1998
Costilla Energy $75 Million Senior Notes Rated 'B' by S&P; Outlook Stable
Jan-8-1998
Costilla Energy, Inc. Announces Private Bond Offering
Jan-6-1998
Costilla Continues Successful Drilling Performance
Nov-25-1997
Costilla Announces 1998 Drilling Budget
Nov-4-1997
Costilla Energy Reports 3rd-Qtr EPS 1c Before Charge vs. 27c Loss
Sep-30-1997
Costilla Reports Cotton Valley Reef Discovery
Sep-17-1997
Costilla Reports Significant Increase In Production
Aug-7-1997
Costilla Energy Reports Second-Quarter Results
Jun-16-1997
Costilla Energy Hikes 1997 Capital Expenditure Budget Based on Continued Drilling Success
May-7-1997
Costilla Energy Reports Sharp Increase in Revenues, Net Income
Mar-12-1997
/FIRST AND FINAL ADD - CLW005 - Costilla Energy, Inc./
Mar-12-1997
Costilla Energy Reports 4th-Quarter, 1996 Results
Mar-7-1997
Costilla Energy Reports 85 Percent Success Rate In 1997 Drilling; Accelerated Daily Production Rate Reaches 13,400 BOEPD


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