June 2005
Performance
ŸSold all prospects generated
ŸIndustry invested over $180 MM in PGS opportunities
ŸPurchased 7 ½ townships of crown land
ŸCurrent Activity:
Ÿ10 wells waiting on spud
Ÿ13 wells waiting on completion
Ÿ11 wells waiting on tie-in
Ÿ9 prospects currently marketing
ŸProcess on-going