Article: St. Mary Provides Operations Update and Schedules Second Quarter 2003 Conference Call for August 7, 2003.

Business Editors

DENVER--(BUSINESS WIRE)--July 11, 2003

St. Mary Land & Exploration Company (NYSE:SM) today provided an update of its operations for the second quarter of 2003.

During the second quarter 2003 St. Mary participated in the drilling of 38 wells, of which 36 were completed as producers (90% success rate). Significant wells completed in Northeast Mayfield in the Mid-Continent region were the Dykes 1-17 (St. Mary 19%) completed at an initial rate of 20,600 MCFED, the Bess 1-26 (St. Mary 58%) completed at an initial rate of 14,200 MCFED, the Heinsohn 4-36 (St. Mary 31%) completed at an initial rate of 7,100 MCFED and the Edgar 1 (St. ...

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