GOM Shelf Exploration
- 47 GOM shelf exploration blocks
- 32 Prospects
- 8+ Prospects to be drilled in 2003/04
- Woodside Petroleum joined Pioneer program in Jan ‘03
- 50% WI, PXD is operator
- Drilling 5 wells in 2003, at least 3 wells in 2004
- Targeting deep gas play
- 2003/04 drilling will test 600 -1,600 bcf of gross gas potential