F1As a result of the purchases causing this filing, 9,401,000 shares of the Issuer's common stock are directly owned by SPO Partners II, L.P. ("SPO Partners"), and may be deemed to be indirectly beneficially owned by (i) SPO Advisory Partners, L.P. ("SPO Advisory"), the sole general partner of SPO Partners, (ii) SPO Advisory Corp. ("SPO Corp."), the sole general partner of SPO Advisory, and (iii) John H. Scully ("JHS"), Edward H. McDermott ("EHM"), and Eli J. Weinberg ("EJW"), the three controlling persons of SPO Corp. 587,900 shares of the Issuer's common stock are directly owned by San Francisco Partners, L.P. ("SF Partners"), and may be deemed to be indirectly beneficially owned by (i) SF Advisory Partners, L.P. ("SF Advisory"), the sole general partner of SF Partners, (ii) SPO Corp., the sole general partner of SF Advisory, and (iii) JHS, EHM, and EJW the three controlling persons of SPO Corp.
F2Additionally, (i) 13,000 shares of the Issuer's common stock are owned directly by EHM (ii) 1,842 shares of the Issuer's common stock are owned directly by Ian R. McGuire ("IRM") (iii) 698,000 shares of the Issuer's common stock are owned directly by Scully Memorial Foundation ("SMF") and (iv) 84,200 shares of the Issuer's common stock are owned directly by Phoebe Snow Foundation ("PSF")

Remarks

Form 1 of 2. The individuals and entities listed in the notes above (each a "Reporting Person") may be deemed to form a "group", as such term is defined in rule 13d-5(b)(1) promulgated under the Securities Exchange Act of 1934, for purposes of this filing. This filing shall not be deemed as an admission by any Reporting Person that such Person is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this statement. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of such person's pecuniary interest, if any, therein.