OPERATIONS

Overview

Statistics
Average Daily Production *79% Oil 40.5 MBOE/d
Proved Reserves* 248.1 MMBOE
Pre-Tax SEC PV-10* $3,352.2 million
Gross / Net Acres** 1,873,512 / 956,564
Three-Year (2004-2006) Average All-in Finding Costs $11.00 / BOE
*At December 31, 2006
** Total acres as of Decmber 31, 2006
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