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Proved Reserves

  • Total proved reserves of 53.4 MMBoe as of 12/31/13
  • Proved producing reserves of 30.2 MMBoe as of 12/31/13

Acreage Position

  • ~461,000 net acres in the Appalachian Basin
    • 79,000 net acres located in the
      Marcellus Shale
    • 99,000 net acres prospective for the
      Utica Shale

Utica and Marcellus Shale Overview :

  • 35 wells have been drilled and placed on production to-date with 3 gross (2.9 net) tested and waiting
    on sales
    • 14 wells in Tyler County, WV
    • 18 wells in Wetzel County, WV
    • 3 wells in Monroe County, OH (tested)

  • Current Completion Operations
    • 8 (5.5 net) wells drilled, completing
    • 2 (1 net) completed, in process of drillout
    • 3 (0.3 net) wells drilled, awaiting completion

  • Current Drilling Operations
    • 2 (2 net) wells drilling

 

 
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