FOR IMMEDIATE RELEASE             Contact: Jim Boney

                                                     (713) 772-0664

PetroAcct LP Ranks as the #48 Company on The Houston 100®

(Houston, September 9, 2002)?PetroAcct LP, a Houston-based oil and gas accounting outsource company, has been honored as the number 48th company on the Houston 100®, a ranking of the fastest-growing private businesses making the greatest economic impact on the Houston area. PetroAcct LP showed a 212 percent growth in sales from 1999 to 2001.

    The Houston 100® profiles Houston?s fastest-growing businesses based on sales over a three-year period. It is an annual presentation of the University of Houston Small Business Development Center, sponsored by Comerica Bank-Texas, Reliant Energy Business Services and TXU Energy Services, and underwritten by Southwestern Bell, the Greater Houston Partnership and the Houston Business Journal.

    Founded in 1999 by Jim Boney, Jeanna Kostak, and Kurt Kittler, PetroAcct, L.P. specializes in oil and gas accounting. In addition to providing a complete accounting package for their clients, PetroAcct also offers accounting due diligence, production reporting, land division orders and administration, marketing services and joint interest audits to the entire oil and gas industry. PetroAcct focuses on small to medium sized privately owned or publicly traded oil and gas companies.

    Jim Boney, President of PetroAcct, explains, "We have handled business growth by relying on extensive planning, hiring qualified, experienced staff, and utilizing state-of-the-art software. Everyone at PetroAcct enjoys the daily challenges that we face handling the accounting for many varied clients with different accounting policies."

   PetroAcct?s plans for future growth include a continuing commitment to providing high quality service to our clients and a mandate to seek alliances with other companies who offer software and services that synthesize with our accounting systems in order to offer our clients an ever-expanding fully integrated service package.

Visit our web-site at www.petroacct.com for additional information regarding our services.

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8323 Southwest Freeway, Ste. 990
Houston,Texas 77074
Phone:713-772-0664
Fax:713-772-0752
Email:info@petroacct.com

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