1 A Uinta Basin discovery was announced by Bill Barrett Corp. in Section 16-4s-7w in Duchesne County, Utah. The exploratory test, #7-16-47 BTR (Blacktail Ridge), initially flowed 297 bbl. of oil, 166,000 cu. ft. of gas and 551 bbl. of water per day. Production is from commingled Green River and Wasatch between 4,628 ft. and 5,460 ft. It was tested following eight stages of fracture stimulation. Gauged on a 24/64-in. choke, the tubing pressure was 225 psi. It was drilled and cased to 7,055 ft. and plugged back to 6,936 ft. The completion by the Denver-based company is about four miles west of Green River and Wasatch production in the Cedar Rim/Altamont Field area. Barrett plans to operate one to two rigs in its Uinta Oil Program (Blacktail Ridge, Lake Canyon, East Bluebell and South Altamont) area for the remainder of the year to complete its planned full-year program that includes approximately 65 gross/40 net operated wells.

2 SWEPI LP completed a horizontal Wasatch wildcat on the southwestern flank of the Washakie Basin in Sweetwater County, Wyo. The #4-36BH State initially produced 39 bbl. of oil with 370,600 cu. ft. of. gas and 76 bbl. of water per day. Located in Section 36-14n-98w, the well produces from a horizontal lateral in Wasatch extending southeastward to 10,846 ft. and the true vertical depth is 8,543 ft. It was tested in Wasatch between 7,700 and 10,710 ft. following a four-stage fracturing between 7,700-10,335 ft. SWEPI is based in Houston.

3 A Gallup producer was reported by Encana Oil & Gas (USA) Inc. in the San Juan Basin that initially flowed 231 bbl. of oil, 1.78 million cu. ft. of gas and 1,039 bbl. of load water per day. The #1H Lybrook H03-2206 is in Sandoval County, NM The 9,870-ft. well produces from a horizontal lateral in Gallup extending from 5,658 ft. westward with a true vertical depth of 5,397 ft. Tested on a 30/64-in. choke, the tubing pressure was 902 psi. The venture was fracture stimulated in 12 stages between 5,852-9,797 ft. Encana is based in Calgary.

4 A two-section horizontal Frontier producer in the Powder River Basin initially flowed 2,263 bbl. of oil, 1.93 million cu. ft. of gas and 1,341 bbl. of load water per day. Helis Oil & Gas Co.'s #15-33/28H Hornbuckle is in Section 33-37n-74w of Converse County, Wyo. The well is producing from a horizontal Frontier lateral extending from 13,476 ft. northward to 21,811 ft. at a bottom-hole location in Section 28-37n-74w. The true vertical depth is 12,939 ft. Tested on a 30/64-in. choke following a 28-stage fracturing between 13,536 and 21,458 ft., the tubing pressure was 2,057 psi. The new horizontal producer is a half-mile northeast of vertically drilled Parkman oil producers in Martin Springs Field. Helis is based in New Orleans.

5 EOG Resources Inc. completed another Crossbow Field well in Campbell County, Wyo. The #22-05H Bolt produced 204 bbl. of oil and 1 million cu. ft. of gas per day. Located in Section 5-42n-72w, the well was tested in a horizontal Turner sand interval at 10,350-14,518 ft. after 18-stage fracture stimulation. The horizontal lateral in Turner extends from 9,360 ft. southward to 14,640 ft. The true vertical depth is 10,118 ft. The completion is the northernmost producer to date in eastern Wyoming's Crossbow Field area. EOG is based in Houston.

6 On the northern flank of the Denver-Julesburg Basin, an EOG Resources Inc. well flowed 468 bbl. of oil, 267,000 cu. ft. of gas and 96 bbl. of water per day. The #80-09H Jubilee is in Section 9-13n-65w of Laramie County, Wyo. Production from a horizontal Codell lateral extending from 9,182 ft. northward to 13,039 ft., 8,622 ft. true vertical, and bottomed in Section 4-13n-65w. Tested on a 20/64-in. choke, the casing pressure was 520 psi following 18-stage fracture stimulation between 9,240 and 13,004 ft.

7 Denver-based SM Energy Co. completed a horizontal exploratory test on the northern flank of the Denver-Julesburg Basin in Section 2-13n-65w in Laramie County, Wyo. The #2-1-1CH Redstone flowed 357 bbl. of 36.5-degree-gravity oil, 355,000 cu. ft. of gas and 249 bbl. of water per day. Production is from a horizontal Codell lateral extending from 8,848 ft. eastward to 18,315 ft. and the well bottomed in Section 1-13n-65w. The true vertical depth is 8,453 ft. It was tested following 30-stage fracture stimulation between 8,863 ft. and total depth.

8 Devon Energy Co. completed a Niobrara discovery on the northwestern flank of the Denver-Julesburg Basin in Goshen County, Wyo. The #14-1405H Kepford is in Section 14-20n-65w and initially flowed 153 bbl. of 31.2-degree-gravity oil and 70 bbl. of water per day. Production is from a horizontal Niobrara lateral extending from 8,932 ft. north-northeastward to 13,039 ft. with a true vertical depth of 8,334 ft. It was tested following a 20-stage fracturing between 8,948-12,882 ft. Devon's headquarters are in Oklahoma City.

9 ConocoPhillips completed a horizontal exploratory test drilled just outside the company's Lowry Range prospect in the Denver-Julesburg Basin. According to IHS Inc., #3-1H Tebo initially flowed 1,087 bbl. of oil, 461,000 cu. ft. of gas and 13,766 bbl. of load water per day. The well is in Section 3-5s-64w of Arapahoe County, Colo. It is producing from a horizontal Niobrara lateral extending from 7,969 ft. westward to 11,792 ft. The well was tested on a 16/64-in. choke with a casing pressure of 459 psi. The venture was fracture stimulated in 20 stages between true vertical depths of 7,506 ft. and 7,706 ft. About two miles to the east, the Houston-based company has staked two horizontal Niobrara exploratory tests on a common drillpad—#36-1H Murphy Family 4-64, and #31-2H Murphy Family 4-63. No activity has been reported at either site.

10 AJ sand oil-pool completion by Bear Oil & Gas Inc. initially pumped 570 bbl. per day, with 30 bbl. of water per day. The #13-32A Fornstrom is in Section 32-16n-60w of Laramie County, Wyo. The Denver-based operator tested the 7,687-ft. well in an untreated J sand interval at 7,558-63 ft. Production pipe was set to 7,657 ft. after a drillstem test of J sand at 7,560-70 ft. The well recovered 9.9 bbl. of gas-cut oil and 3.7 bbl. of oil-cut water. Bear also recently completed another J sand producer that initially pumped 108 bbl. of oil and 12 bbl. of water per day. The #14-32 Fornstrom is in Section 32-16n-60w and production is from an untreated J sand interval at 7,570-72 ft. after drilling to 7,735 ft.

11 A stepout in North Dakota's Bonnie View Field pumped 45 bbl. of 27.7-degree-gravity oil with 3,000 cu. ft. of gas and 304 bbl. of water per day. Denver-based Whiting Oil & Gas Inc.'s discovery is in Section 19-142n-104w of Golden Valley County. It was tested in three acidized Red River intervals at 12,246-76 ft., 12,291-12,304 ft. and 12,314-46 ft. It was drilled to 12,482 ft. and cased to 12,444 ft. Additional completion information is not available.

12 A Kenai Loop area venture on Alaska's Kenai Peninsula produced 5.9 million cu. ft. of gas per day. Buccaneer Energy Ltd.'s #1-4 Kenai Loop was tested in a 24-ft. section of Tyonek. According to IHS Inc., the flow was gauged through a 20/64-in. choke with a tubing pressure of 2,525 psi with no water. The Houston-based company is now assessing additional prospective zones intersected while drilling. The well was drilled to 10,897 ft., 10,700 ft. true vertical. The objective was a fault separated from the currently producing zones in #1-1 Kenai Loop and #1-3 Kenai Loop wells. The Kenai Loop project adjoins the lease boundary of Cannery Loop Field on Drilling Pad #1, the same pad from which the company drilled other Kenai Loop wells.

All data in the Exploration Highlights section is based on sources believed to be reliable, but its accuracy cannot be guaranteed. The prudent investor intending to act upon any particular data is urged to verify it with all other available sources. In no way should the publication of these items be construed as an express or implied endorsement of a company or its activities.

Most land in the U.S. is divided into townships—rectangular tracts six miles square. The township, in turn, is divided into 36 numbered sections, each a one-mile square. The lines running north-south and dividing east from west are called range lines. The lines running east-west and dividing north from south are township lines.

A well in Section 15-Township 4 north-Range 3 east is abbreviated: 15-4n-3e.