Texas
Wilcox Areas
We have 2,066 square miles of 3D seismic
data and 17,996 net acres of leasehold in the Wilcox trend in
Texas. We expect to devote approximately $4.9 million to drill
nine wells (3.5 net) in this area in 2005. Currently, we have
identified over 25 exploratory drilling locations, with an additional
37 potential extension opportunities.
Texas
Frio/Vicksburg/Yegua Areas
We have approximately 2,166 miles of 3D
seismic data and 7,750 net leasehold acres over this trend. We
expect to devote approximately $6.3 million to drill nine wells
(2.7 net) in this area in 2005. Currently, we have identified over
21 exploratory drilling locations with an additional 19 potential
extension opportunities.