Hedge Position Through 2006 10/23/03
* Approximate, based on historical differentials to Index prices.
Volume (Bbl) 20,315 18,227 12,000 -
NYMEX Price $26.58 $25.70 $24.44 -
Volume (Mcf) 310,000 280,000 60,000 70,000
NYMEX Price* $4.45 $4.10 $4.30 $4.25