JOINT SPECIAL COMMITTEE ON MERGERS                                                                                     
                  January 12, 2000                                                                                              
                     3:05 P.M.                                                                                                  
                                                                                                                                
MEMBERS PRESENT                                                                                                                 
                                                                                                                                
Senator Rick Halford, Chairman                                                                                                  
Representative Joe Green, Vice-Chairman                                                                                         
Senator Drue Pearce                                                                                                             
Senator Johnny Ellis                                                                                                            
Representative Beth Kerttula                                                                                                    
Representative Brian Porter                                                                                                     
Representative Jim Whitaker                                                                                                     
                                                                                                                                
MEMBERS ABSENT                                                                                                                  
                                                                                                                                
All members present                                                                                                             
                                                                                                                                
OTHER MEMBERS PRESENT                                                                                                           
                                                                                                                                
Senator Loren Leman                                                                                                             
Representative Jerry Sanders                                                                                                    
                                                                                                                                
COMMITTEE CALENDAR                                                                                                              
                                                                                                                                
Discussion of BP Amoco ARCO merger                                                                                              
                                                                                                                                
PREVIOUS ACTION                                                                                                                 
                                                                                                                                
See the Joint Special Committee on Mergers minutes dated 6/11/99,                                                               
7/28/99, 9/24/99, 9/25/99, 11/18/99 and 11/19/99.                                                                               
                                                                                                                                
ACTION NARRATIVE                                                                                                                
                                                                                                                                
TAPE 00-1, SIDE A                                                                                                               
Number 001                                                                                                                      
                                                                                                                                
CHAIRMAN HALFORD called the Joint Special Committee on Mergers                                                                  
meeting to order at 3:05 p.m. and announced that they have a report                                                             
to make to the legislature by the 15th day and they need to adopt                                                               
a schedule to do that.  He has spoken to all parties so that they                                                               
can have a schedule that includes a presentation by the consultants                                                             
they hired on Tuesday from 1:00 p.m. - 4:00 p.m.  And on Wednesday,                                                             
10:00 a.m. - 12:00 p.m., they scheduled a presentation by BP and                                                                
from 1:00 p.m. - 5:00 p.m. for the Administration to go through                                                                 
their package on the Charter.                                                                                                   
                                                                                                                                
He said that ARCO asked to be able to answer questions, but they do                                                             
not need to make a presentation.                                                                                                
                                                                                                                                
REPRESENTATIVE PORTER agreed with those recommendations.                                                                        
                                                                                                                                
SENATOR PEARCE asked if documents brought forward and everything                                                                
could be said in open session.                                                                                                  
                                                                                                                                
CHAIRMAN HALFORD answered if there is a request for an executive                                                                
session by a participant of the three, there would be an exception,                                                             
but the intent is to avoid confidential documents and to work on                                                                
the substance of where we are right now.                                                                                        
                                                                                                                                
CO-CHAIRMAN HALFORD adjourned the meeting at 3:10 p.m.