| Texas
Wilcox Areas We have 2,066 square miles of 3-D seismic data
and 16,175 net acres of leasehold in the Wilcox trend in Texas.We expect to devote
approximately $2.8 million to drill four wells (1.48 net) in this area in 2006.
In the Wilcox area 29 exploratory drillsites have been leased, seven of which
are field extension wells. We have an additional inventory of 28 seismically defined
prospects on which we are pursuing acreage.
Texas
Frio/Vicksburg/Yegua Areas We have 2,166 miles of 3-D seismic
data and 12,319 net leasehold acres over this trend. We expect to devote approximately
$2.7 million to drill five wells (1.55 net) in this area in 2006.We have an inventory
of 25 leased exploratory drillsites, three of which are field extension wells.
We have an additional inventory of 13 seismically defined prospects on which we
are pursuing acreage. | |