Gulf of Mexico Region

Ship Shoal

South Pelto

Main Pass

South Timbalier

Louisiana

Vermilion

Gulf of Mexico

Reserves: 216 Bcfe - 35%

Daily Production: 41 Mmcfe – 34%

South Marsh Island

• Spent $60 million to drill 18 offshore wells in 2003
  • All wells successful

• 2004 Budget of $67 million
  • 24 wells
  • 5 deep shelf wells

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