We have 2,278 square miles of 3-D seismic data and 12,976 net acres of leasehold in the Wilcox trend in Texas. We expect to devote approximately $4.0 million to drill three wells (0.8 net) in this area in 2007. In the Wilcox area 43 exploratory drillsites have been leased, thirty of which are field extension wells. We have an additional inventory of 38 seismically defined prospects on which we are pursuing acreage.



We have 2,271 square miles of 3-D seismic data and 11,045 net acres of leasehold over this trend. We expect to devote approximately $1.7 million to drill three wells (0.9 net) in this area in 2007. We have an inventory of 14 leased exploratory drillsites, four of which are field extension wells. We have an additional inventory of 19 seismically defined prospects on which we are pursuing acreage.

 

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Carrizo 2006 Annual Report