A new petroleum electronic journal with on-line submission, review, and distribution will provide an additional and needed outlet for technological developments. The primary objective of the journal will be to provide a medium for rapid exchange of up-to-date advances in petroleum engineering. The Electronic Journal of Petroleum Engineering (E-JPE) will take substantially less time to publish as it will decrease the time required by traditional reviewing, printing, and distributing processes and will allow for more widespread participation of international reviewers. E-JPE will be developed in phases that will allow "debugging" and incremental distribution and participation. Papers will lose many of the size constraints associated with hard copy publications and will not be limited to a fixed number of yearly volumes. Publication costs will be lower than for traditional hardcopy journals because the costs of printing and mailing will be eliminated. E-JPE will provide a more efficient avenue for the exchange of ideas among its authors, editors, and readers through electronic networking systems. Developing an electronic journal will put the industry at the forefront of technical publishing and pave the way into the next century.