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| | Charlotte.com - Your Guide to Charlotte |
 | | Currently, the Company's focus is on the further development of the Blue Ridge Dome Field, on gas wells in Jefferson County, Mississippi and Colorado County, Texas, a natural gas exploration program in the Anadarko Basin in Oklahoma, and increasing daily production in its North Dakota well. |
 | | Garwood Field -- Colorado County, Texas In August 2004, the Company, as operator, drilled the Pintail #1, an Upper Wilcox gas test in Colorado County, Texas to a depth of 10,413 feet on a 2,358 gross acre prospect. |
 | | Internal volumetric estimates have indicated targeted probable and possible reserve estimates of over 4.5 billion cubic feet of potential gas reserves in the aggregate for the four shallow gas prospects and 5 million barrels of probable and possible oil reserves from as many as 8 wells for the MS prospect. |
| www.prnewswire.com /cgi-bin/stories.pl?ACCT=charlotte.story&STORY=/www/story/02-03-2005/0002947076&EDATE=THU+Feb+03+2005,+09:51+AM (2235 words) |
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