NOIA and API to Release Study on Offshore Gulf of Mexico Economic Impacts

Conference call with reporters on Monday, July 11, 2011, at 11:00 am ET

New study shows nationwide benefits of industry and impacts of permitting delays

WASHINGTON--(BUSINESS WIRE)--A new study by QUEST Offshore Resources, Inc. estimates the potential jobs, GDP and revenue benefits of a balanced regulatory approach to offshore Gulf of Mexico oil and natural gas development. Please join the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API), which jointly commissioned the study, to discuss the results and the implications for energy policy.

There will also be an opportunity for reporters to ask questions.

What:	Conference call on QUEST study on the Economic Benefits of GOM Oil and Gas Development and Impacts of Permit Delays
Who:	Randall Luthi, NOIA president
	Jack Gerard, API president and CEO
When:	Monday, July 11, 2011
	11:00 am ET
Phone:	[phone]
Conference ID:	818 62 705
Please RSVP by replying to [e-mail] or by calling API media relations at 202-682-8114.
NOIA contact: Nicolette Nye, 202-347-6900.

This call is open to credentialed media only.

NOIA is the only national trade association representing all segments of the offshore industry with an interest in the exploration and production of both traditional and renewable energy resources on the nation’s outer continental shelf. The NOIA membership comprises more than 270 companies engaged in business activities ranging from producing to drilling, engineering to marine and air transport, offshore construction to equipment manufacture and supply, telecommunications to finance and insurance.