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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| May 04, 2004 | COPYRIGHT 2004 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

ENERGY

El Paso blames problems on staff

The natural gas pipeline operator's employees may have knowingly used incorrect estimates to boost proven natural gas reserves over a 5-year period, according to an internal review that followed a surprise Feb. slashing of known reserves by 41%. But the review cleared senior management. Shares have fallen more than 30% since the problems surfaced, and closed down 2% Monday to 6.88. More on A8.

Probe spurs shake-up at Key

The oil well services company replaced former CEO Francis ...

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