3
… Financial Overview
Reserve Summary
at 12/31/99
at 12/31/99
MMBbls 14.4
Bcf 50.5
MMBOE 22.8
SEC PV10% $160.1
$/Bbl $24.59
$/Mcf $ 2.55
SEC PV10%
$108.5
$/Bbl $17.50
$/Mcf $ 2.25
$/Bbl $17.50
$/Mcf $ 2.25
Financial Results
Year
End 1999E (millions):
Revenue $ 23.7
EBITDDA $ 12.1
Net Income $ 2.7
Average Realized Prices
Oil $16.82/Bbl
Gas $ 2.39/Mcf
Revenue $ 23.7
EBITDDA $ 12.1
Net Income $ 2.7
Average Realized Prices
Oil $16.82/Bbl
Gas $ 2.39/Mcf
Capitalization:
Debt $ 22.0
Equity $ 34.6
Debt $ 22.0
Equity $ 34.6