DISCLAIMER

One stock tank barrel, or 42 U.S. gallons liquid volume, used in reference to oil or other liquid hydrocarbons. Bcf.

One billion cubic feet equivalent of natural gas, calculated by converting oil to equivalent Mcf at a ratio of 6 Mcf to 1 Bbl of oil. Completion.

The number of acres that are allocated or assignable to producing wells or wells capable of production. Exploitation.

The search for natural accumulations of oil and natural gas by any geological, geophysical or other suitable means. Farmout or Farmin.

The technique of improving production or injection rates of a well by pumping a mixture of fluids into the formation and cracking the rock, creating an artificial channel. As part of this technique, s [..]

The total number of producing wells in which we own any amount of working interest. Horizontal Drilling.

drilling, completion, logging, cementing, acidizing, perforating and fracturing of wells;

One thousand barrels of oil or other liquid hydrocarbons. Mcf.

One thousand cubic feet equivalent of natural gas, calculated by converting oil to equivalent Mcf at a ratio of 6 Mcf to 1 Bbl of oil. Mmbbl.