|
|
Projects sold with Wells drilled
|
Projects sold
Have not been evaluated No wells drilled yet |
Total,
All projects |
|---|---|---|---|
|
Projects Sold 1/92 - 12/06
|
50
|
41
|
91
|
|
Purchaser Funds Extended
|
$377,423,000
|
$22,272,000
|
$399,795,000
|
|
Acres Acquired
|
860,470
|
3,892,000
|
4,752,541
|
|
3D Shot
|
361 Sq Mi
|
272 Sq Mi
|
633 Sq Mi
|
|
2D Shot
|
151 Mi
|
535 Mi
|
686 Mi
|
|
Seismic Licensed
|
20468 Mi
|
453 Mi
|
20,921 Mi
|
|
Sq. mi. Gravity/Aeromag acq.
|
1372 Sq Mi
|
4131 Sq Mi
|
5503 Sq Mi
|
|
Wells Drilled
|
639
|
|
639
|
|
Wells Successful
|
560
|
|
560
|
|
Proven MMBO
|
3
|
|
3
|
|
Proven BCF
|
789
|
|
789
|
|
Probable BCF
|
+/-500
|
|
+/-500
|
|
Based on proven reserves of 808 BCFE (@6 MMCF/MBO), and total estimated expenditures on all projects of $400 million. The estimated finding and development cost is 400/808 = $0.49/MCFE to date. |
|
| Exploratory successes |
43
|
| Exploratory wells drilled |
119
|
|
36.1 %
|
| The information presented herein has been acquired from sources believed to be reliable, however the accuracy of said information is not guaranteed. | |