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Chaparral IPAA Private Capital Conference Presentation
Mark Fischer, President & CEO February 2011
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This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those risks, trends and uncertainties are our ability to find oil and natural gas reserves that are economically recoverable, the volatility of oil and natural gas prices and significantly depressed natural gas prices since the middle of 2008, the uncertain economic conditions in the United States and globally, the decline in the values of our properties that have resulted in and may in the future result in additional ceiling test write-downs, our ability to replace reserves and sustain production, our estimate of the sufficiency of our existing capital sources, our ability to raise additional capital to fund cash requirements for future operations, the uncertainties involved in prospect development and property acquisitions or dispositions and in projecting future rates of production or future reserves, the timing of development expenditures and drilling of wells, hurricanes and other natural disasters, including the impact of the oil spill in the Gulf of Mexico on our present and future operations, the impact of government regulation, and the operating hazards attendant to the oil and natural gas business. In particular, careful consideration should be given to cautionary statements made in the various reports we have filed with the Securities and Exchange Commission. We undertake no duty to update or revise these forward-looking statements.
2
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Chaparral Overview
Founded in 1988, Based in Oklahoma City
Core areas — Mid-Continent (Oklahoma) and Permian Basin (W. Texas)
Oil-weighted producer (63% oil; 37% gas)
Third largest oil producer in Oklahoma
Substantial Resource Potential
Conventional- 4,800 identified drilling locations
Unconventional – 60,000 acres in emerging plays
CO2 EOR – 82 fields, 215 MMBO
3
¹Based on 12/31/2010 SEC methodology
Company StatisticsDaily Production (Boe/d) 22,100
Proved Reserves (MMBoe)1 149.3
PV-10 ($ in mm)1 $1,770
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4
Operating Areas
As of December 31, 2010 (SEC)
Core Area
Growth Area
Acreage
Field Offices
Headquarters
North TexasReserves: 2.3 MMBoe, 2% of totalProduction: 0.4 MBoe/d, 2% of total
Permian BasinReserves: 19.1 MMBoe, 13% of totalProduction: 4.0 MBoe/d, 18% of total
Rocky MountainsReserves: 2.7 MMBoe, 2% of total Production: 0.4 MBoe/d, 2% of total
Company TotalDecember 2010 proved reserves – 149.3 MMBoe2010 average daily production – 22.1 MBoe/d
Val VerdeBasin
SabineUplift
MidlandBasin
DelawareBasin
OuachitaUplift
ArkomaBasin
FortWorth
Basin
WillistonBasin
PowderRiverBasin
GreaterGreen
RiverBasin
SanJuan
Basin
Anadarko Woodford
Basin
OKC
Gulf CoastReserves: 5.7 MMBoe, 4% of totalProduction: 1.3 MBoe/d, 6% of total
Mid-ContinentReserves: 113.1 MMBoe, 76% of totalProduction: 15.3 MBoe/d, 69% of total
Ark-La-TexReserves: 6.4 MMBoe, 4% of totalProduction: 0.7 MBoe/d, 3% of total
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Strong Record of Reserve and Production Growth
Year-End SEC Reserves (MMBoe) (1)(2)(3)(4)
2003 – 2010 CAGR = 17%
Annual Production (MMBoe)
2003 – 2010 CAGR = 18%
142
113
164151
103
73
51
0
25
50
75
100
125
150
175
2003 2004 2005 2006 2007 2008 2009 2010
149
Note: 1) Reserves as of December 31, 2007 are based on flat SEC pricing of $96.01/Bbl and $6.80/Mcf2) Reserves as of December 31, 2008 are based on flat SEC pricing of $44.60/Bbl and $5.62/Mcf3) Reserves as of December 31, 2009 are based on flat SEC pricing of $61.18/Bbl and $3.87/Mcf4) Reserves as of December 31, 2010 are based on flat SEC pricing of $79.43/Bbl and $4.38/Mcf
Chaparral’s reserve replacement ratio averaged 485% per year since 2002
5
2.6 3.24.2
5.4
6.8 7.17.6
8.1 8.8
0
2
4
6
8
10
2003 2004 2005 2006 2007 2008 2009 2010 2011P
Chart1
200320032003
200420042004
200520052005
200620062006
200720072007
200820082008
200920092009
201020102010
Chaparral
Calumet
Total
51
73
103
150.93
164.48
113.33
142
142
149.3
149.3
Sheet1
20032004200520062007200820092010
Chaparral
Calumet142149.3
Total5173103150.93164.48113.33142149.3
CAGR14%
Chart1
200320032003
200420042004
200520052005
200620062006
200720072007
200820082008
200920092009
201020102010
2011P2011P2011P
Chaparral
Calumet
Total
8.1
2.55
3.166
4.23
0
0
5.39333
0
0
6.833
7.0666
7.6
8.1
8.75
Sheet1
200320042005200620072008200920102011P
Chaparral00
Calumet00
Total2.553.1664.235.393336.8337.06667.68.18.75
CAGR0%
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A Transformational Year
Chaparral transformed itself in 2010 and early 2011 from a high-debt, low-liquidity company to a financially stable company with approximately $425mm in liquidity at year end 2010
Three Transactions April 2010 – $325mm common stock private equity transaction
De-lever company
Provide capital for accelerated development
September 2010 – $300mm HY bond transaction Pay-down all senior secured debt
Provide cash for capital budget program
February 2011 – $400mm HY bond transaction; refinance $325mm bonds due 2015
Extend out debt maturity profile
Market was right
Assist us as we move toward public market
6
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Net Debt / EBITDA Liquidity ($ in mm)
7.9x
5.6x4.4x 4.9x
3.3x5.3x
2.3x 2.0x 2.0x 0.0x
2006 2007 2008 2009 PF 9/30/2010
Total net debt to EBITDA Net secured debt to EBITDA
$120.9$88.0
$55.4 $76.6
2006 2007 2008 2009 PF 9/30/2010
Pro Forma Maturity Profile ($ in mm)
Chaparral Has Much Improved Debt & Liquidity
No debt maturities before 2017
$375mm undrawn revolver
$519.4
7
Note: Debt balances do not reflect discounts on Senior Notes of $1.958mm on the 2017s and $6.964mm on the 2020s
0
$325 $400
0
$300
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Chart1
20062006
20072007
20082008
20092009
PF 9/30/2010PF 9/30/2010
Total net debt to EBITDA
Net secured debt to EBITDA
3.3x
7.9
5.3
5.6
2.3
4.4
2
4.9
2
3.27
0
Sheet1
Total net debt to EBITDANet secured debt to EBITDAStack 4Stack 5Stack 6Stack 7Stack 8Totals (invisible)Stack 9Stack 10Stack 11Stack 12Stack 13Stack 14Stack 15Stack 16
20067.95.350
20075.62.360
20084.42.070
20094.92.080
PF 9/30/20103.30.0
Chart1
2006
2007
2008
2009
PF 9/30/2010
120.9
88
55.4
76.6
475.3
Sheet1
Stack 4Stack 5Stack 6Stack 7Stack 8Totals (invisible)Stack 9Stack 10Stack 11Stack 12Stack 13Stack 14Stack 15Stack 16
2006120.950
20078860
200855.470
200976.680
PF 9/30/2010475.3
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CCMP invested $345 million for a 36% stake in Chaparral Energy
Other shareholders
- Mark Fischer: 26%
- Chesapeake: 20%
- Altoma Energy: 15%
Proceeds used to:
- De-lever from 3.7x debt/EBITDAX to ~3.0x
- Provide liquidity for accelerated program development
Transaction
Why PE Transaction
Why CCMP?
Leading PE provider with $7.2 billion in assets
History of past energy investments: Latigo Petroleum Bill Barrett Corporation Encore Acquisition Carrizo Oil and Gas Patina Oil and Gas
Operating expertise – Karl Kurz
Knowledge of CO2 EOR strategy
CCMP network & deal flow
Partnership based on experience, valued insight and alignment of interest
Improve Capital Structure & Value-Added Partner to Accelerate Growth
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Increased focus on harvesting existing assets
Increase reserves and production through drilling of large inventory of near-term, high potential drilling opportunities
Expand EOR field operations and CO2 infrastructure
Improve organizational effectiveness to achieve growth objectives and maximize value
Hiring of COO
Establishment of EOR Unit
Hedge production to stabilize cash flow
Achieve growth objectives while maintaining strong liquidity position
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Operating and Financial Strategy
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Financial Overview
10
LTM Financials (as of 9/30/10)Revenues ($ in mm) $387
EBITDAX ($ in mm) $275
Net Debt / LTM EBITDAX (x) 3.1x
Note: 1) Dollars represent average strike price of hedges (includes all derivative instruments)
% of Proved Developed Producing Hedged (As of February 3, 2011)
$6.28
$5.04
$75.07
$93.42
$100.00
$153.00$110.00 $108.80
$87.50
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2011 2012 2013
% o
f Pro
ved
Dev
elop
ed P
rodu
cing
Oil Collars
Oil Swaps
Gas Swaps
2011 GuidanceOil & Gas CAPEX ($ in mm) $250
Production (MMBoe) 8.6 - 8.9
2010 EstimateOil & Gas CAPEX ($ in mm) $321
Production (MMBoe) 8.1
EBITDA ($ in mm) $280-290
Chart1
BBB2011
CCC2012
DDD2013
EEE
FFF
GGG
HHH
III
JJJ
Gas Swaps
Oil Swaps
Oil Collars
Axis
% of Proved Developed Producing
$6.28
$5.04
$75.07
$93.42
$100.00
$124.63
$124.45
$153.00$110.00
$108.80$87.50
$135$100
$134$100
0
0.8836941817
0
0.8269899668
0.0230099891
0
0.3423728305
0.5763270104
0.2274975041
0
0.0425041991
0
Derivative Summary
12+0_REV_2011 Adj Projection @ 95% of 1/10/11 NYMEX
ActualActualActualActualActualActualActualActualActualActualActualActualActualActualActualActualActualPrior
Jan-08Feb-08Mar-08Apr-08May-08Jun-08Jul-08Aug-08Sep-08Oct-08Nov-08Dec-081Q20082Q20083Q20084Q2008Yr 2008Projection
Oil Hedges700.85: Future Contracts - Gain/Loss$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0(209,232)
Gas Hedges700-80: Future Contracts - Gain/Loss$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0(305,732)
Total Hedge in Realized Revenue$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0(514,963)
700.86-99: Hedge Ineffectiveness$0$0$0$0$00
: Unrealized & Open Speculative Trades-Mark To Market$0$0$0$0$00
: Realized Nonhedge Derivative Gain/Loss$0$0$0$0$00
Derivative$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$00
Reported Derivative gain / (loss) - GAAP$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0(514,963)
Gas - Realized Gains / (Losses)$1,776$626($1,002)($2,237)($4,305)($5,335)($6,469)($1,533)($257)$516$2,805$2,704$1,399($11,877)($8,259)$6,026($12,711)(421,880)$409,169
Basis - Realized Gains / (Losses)($256)($333)($141)$207$417$753$540$379$584$1,702$1,442$678($730)$1,377$1,502$3,821$5,97123,661($17,691)$14,505$8,535
Oil - Realized Gains / (Losses)($4,844)($5,350)($7,468)($8,694)($11,399)($13,023)($12,993)($9,026)($6,575)($731)$3,512$6,623($17,662)($33,117)($28,594)$9,404($69,969)(342,732)$272,763
Other Adjustment - to tie to Accounting / Corp$0$0$0$0$00$0
Realized Derivative Gain / (Loss)($3,325)($5,058)($8,610)($10,724)($15,287)($17,606)($18,922)($10,181)($6,248)$1,487$7,760$10,005($16,993)($43,617)($35,351)$19,251($76,709)(740,951)$664,241
Clean Earnings Adj. (Realized less Reported)($3,325)($5,058)($8,610)($10,724)($15,287)($17,606)($18,922)($10,181)($6,248)$1,487$7,760$10,005($16,993)($43,617)($35,351)$19,251($76,709)(225,987)
Reclass to Financing$391,478Total gas change
Non Hedge Oil Collar$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Non Hedge Gas Collar$0$0$0$0$0
Total Reclass to Financing$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Total realized derivative gain (loss) included in clean earnings
Net (gain) loss to be excluded from clean earnings
Difference - realized
Difference - adjustment
Derivative Summary1Q082Q083Q084Q08Yr 2008
HighLowper DayHighLowper DayHighLowper DayHighLowper DayHighLowper Day
OilFixed Price$69.92$69.92(629,000)$70.14$70.14(615,000)$69.89$69.89(595,000)$70.42$70.42(565,000)$70.09$70.09(2,404,000)
Collars - Total$0.00$0.000$0.00$0.000$110.00$160.43(60,000)$110.00$160.43(60,000)$110.00$160.43(120,000)
Total U.S. Oil Derivatives$0.00$0.00(629,000)$0.00$0.00(615,000)$73.56$78.18(655,000)$74.22$79.06(625,000)$71.98$74.38(2,524,000)
GasFixed Price$0.00$0.00$0.00$0.00$0.00
Collars - Total
Total US Gas Derivatives$0.00$0.000$0.00$0.000$0.00$0.000$0.00$0.000$0.00$0.000
BasisCIG
NWPL$1.16(2,070,000)$0.80(2,170,000)$0.81(2,220,000)$0.92(2,270,000)$0.92(8,730,000)
&L&Z&F &A&R&D &T
summary for slides
PDP
20092010201120122013Total
Oil276,2903,551,6583,650,5883,164,8702,823,25013,466,656
Gas1,822,98023,869,58021,342,22517,524,75514,817,36479,376,904
ClosedClosed
Hedges
Oil
367,000421,0003,019,0001,824,000120,000
Oil Swaps$ 67.49$ 74.66$ 75.07$ 93.42$ 100.00
Avg Price
Oil Swaps_MTM60,00000
Avg Price$ 66.12$0$ - 0$ - 0$ - 0
Summary Oil Swaps427,000421,0003,019,0001,824,000120,000
Oil Swap avg price$ 67.30$ 74.66$ 75.07$ 93.42$ 100.00Oil Swaps
% PDP154.55%11.85%82.70%57.63%4.25%
Oil Collars40,00040,00084,000720,0000
Avg Price- floor$ 110.00$ 110.00$ 110.00$ 87.50$ - 0Oil Collars
Avg Price- ceiling$ 164.28$ 168.55$ 153.00$ 108.80$ - 0
% PDP14.48%1.13%2.30%22.75%0.00%
Total PDP % - Oil169.03%12.98%85.00%80.38%4.25%Total Oil$ 77.73$ 76.02$ 93.42
Remaining hedge volume per loan agreement
85% for 2009-201185%(232,154)2,557,90902,325,756
80% for 2012-201380%(12,104)2,138,6002,126,496
Oil - Available to hedge(232,154)2,557,9090(12,104)2,138,6004,452,252
Gas
Gas Swaps2,400,0002,300,00018,860,0006,000,000
Avg Price$ 7.79$ 7.69$ 6.28$5.04Gas Swaps
% PDP131.65%9.64%88.37%34.24%
Gas collars660,000300,0000
Avg price - Floor$ 10.00$ 10.00Oil Swaps
Avg Price- ceiling$ 13.85$ 11.67
% PDP36.20%1.26%
Total PDP %- Gas167.86%10.89%88.37%Total Gas$ 7.95$ 6.28$ 5.04
Remaining hedge volume per loan agreement
85% for 2009-201185%(1,510,467)17,689,143(719,109)15,459,567
80% for 2012-201380%8,019,80411,853,89119,873,695
Gas - Available to hedge(1,510,467)17,689,143(719,109)8,019,80411,853,89135,333,262
Basis
Volumes2,900,0002,900,00015,390,0008,400,000
Avg price$ 0.96$ 0.71$ 0.67$0.30
% of PDP159%12%72%48%
Remaining hedge volume per loan agreement
85% for 2009-201185%(1,350,467)17,389,1432,750,89118,789,567
80% for 2012-201380%5,619,80411,853,89117,473,695
Basis - Available to hedge(1,350,467)17,389,1432,750,8915,619,80411,853,89136,263,262
Combined hedges11.9%86.7%58.2%2.3%
&C&D&R&F
Hedge slide
Gas Basis Hedges
YRPrice% PDP
'11$ 0.6772%
'12$ 0.3048%
Note: Dollars represent average strike price of hedges (includes all derivative instruments)
S Monetized select 1H09 hedges in December 2008, net cash proceeds totaled $32.6 million
S Monetized select 2H09 hedges in March 2009, net cash proceeds totaled $9.6 million
S Monetized 2012-2013 hedges in May 2009, net cash proceeds totaled $102.3 million
S Monetized 2012 oil hedges in June 2010, estimated cash proceeds totaled $7.5 million
S Includes hedges placed as of February 3, 2011
&C&"Century Gothic,Bold"&14CHAPARRAL ENERGY, INC.OPERATIONAL DETAIL
&R&"Century Gothic,Regular"&11&D
Hedge slide
BBB2011
CCC2012
DDD2013
EEE
FFF
GGG
HHH
III
JJJ
Gas Swaps
Oil Swaps
Oil Collars
Axis
% of Proved Developed Producing
6.284351538
5.04
75.07353428
93.42038377
$124.63
$124.45
$153.00$110.00
$108.80$87.50
$135$100
$134$100
0
0.8836941817
0
0.8269899668
0.0230099891
0
0.3423728305
0.5763270104
0.2274975041
0
0.0425041991
0
Contract Gain Loss Summary
Hedge Gain / Loss Summary12/31/10Change date as each actual month occurs
12+0_REV_2011 Adj Projection @ 95% of 1/10/11 NYMEX312931303130313130313031919192923663128313031303131303130319091929236531283130313031313031303190919292365312831303130313130313031909192923653128313031303131303130319091929236531283130313031313031303190919292365
(in thousands)ActualActualActualActualActualActualActualActualActualActualActualActualRemainderActualActualActualActualProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedRemainderActualActualActualActualActualActualActualActualActualActualActualActualRemainderProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedRemainderProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedRemainderProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedRemainder
vol / dayJan-08Feb-08Mar-08Apr-08May-08Jun-08Jul-08Aug-08Sep-08Oct-08Nov-08Dec-081Q20082Q20083Q20084Q2008Yr 2008of Yearvolume tabJan-09Feb-09Mar-09Apr-09May-09Jun-09Jul-09Aug-09Sep-09Oct-09Nov-09Dec-091Q20092Q20093Q20094Q2009Yr 2009of Yearvolume tabJan-10Feb-10Mar-10Apr-10May-10Jun-10Jul-10Aug-10Sep-10Oct-10Nov-10Dec-101Q20102Q20103Q20104Q2010Yr 2010of Yearvolume tabJan-11Feb-11Mar-11Apr-11May-11Jun-11Jul-11Aug-11Sep-11Oct-11Nov-11Dec-111Q20112Q20113Q20114Q2011Yr 2011of Yearvolume tabJan-12Feb-12Mar-12Apr-12May-12Jun-12Jul-12Aug-12Sep-12Oct-12Nov-12Dec-121Q20122Q20123Q20124Q2012Yr 2012of Yearvolume tabJan-13Feb-13Mar-13Apr-13May-13Jun-13Jul-13Aug-13Sep-13Oct-13Nov-13Dec-131Q20132Q20133Q20134Q2013Yr 2013of Yearvolume tab
Reversal of Previously Recognized MTM
Gas$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Basis Swaps CIG$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Basis Swaps NWPL$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Contracts previously recorded as hedge$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Adjustment to tie to GL$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Gas Hedge Gain / Loss000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
Oil
Contracts previously recorded as hedge$0$0$0$0$0$0$0$0$0$0($17,444)($15,872)($33,316)$0$0$0($33,316)$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Adjustment to tie to GL$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Oil Hedge Gain / Loss0000000000000000000000000000000000(17,444)(15,872)0000000000(33,316)000(33,316)000000000000000000000000000000000000000000000000000
GAAP Hedge in realized price0000000000000000000000000000000000(17,444)(15,872)0000000000(33,316)000(33,316)000000000000000000000000000000000000000000000000000
Derivative Contracts - Realized
Fixed Swaps - Gas (MTM as of 11/30/2008)40$1,776$626($1,002)($2,237)($4,305)($5,335)($6,469)($1,533)($257)$516$2,424$2,352$1,400($11,877)($8,259)$5,292($13,444)$0$0$0$433$1,919$11,881$2,548$763$739$2,388$2,610$2,949$2,324$3,787$4,215$14,233$4,049$7,946$10,326$36,555$19,773$0$0$2,049$2,433$3,271$3,963$3,315$3,598$2,723$2,868$3,992$3,941$4,843$4,112$7,752$10,876$9,583$12,896$41,108$0$0$0$3,938$3,916$3,671$2,872$2,752$2,766$2,791$2,822$2,840$2,859$2,915$2,969$11,524$8,389$8,453$8,743$37,110$37,110$0$0$62$74$113$195$193$184$170$158$156$130$75($10)$250$573$484$195$1,502$1,502$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Collars - Gas1($0)$0$0$0($0)$0$0($0)$0$0$381$352($0)($0)($0)$733$733$0$0$0$818$1,099$1,153$1,211$1,349$1,293$2,031$2,137$2,344$1,997$1,810$1,825$3,070$3,853$6,512$5,632$19,067$14,786$0$0$1,145$1,261$1,455$1,712$868$892$771$799$927$930$997$860$3,862$3,472$2,497$2,787$12,619$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Adjustment to tie to GL$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Gas Contracts40$1,776$626($1,002)($2,237)($4,305)($5,335)($6,469)($1,533)($257)$516$2,805$2,704$1,399($11,877)($8,259)$6,026($12,711)$0$1,251$3,019$13,034$3,759$2,112$2,031$4,418$4,747$5,292$4,321$5,597$6,041$17,303$7,902$14,458$15,958$55,621$34,559$3,194$3,694$4,726$5,676$4,183$4,490$3,494$3,666$4,920$4,871$5,840$4,973$11,614$14,349$12,080$15,683$53,726$0$3,938$3,916$3,671$2,872$2,752$2,766$2,791$2,822$2,840$2,859$2,915$2,969$11,524$8,389$8,453$8,743$37,110$37,110$62$74$113$195$193$184$170$158$156$130$75($10)$250$573$484$195$1,502$1,502$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Basis Gas MTM22($256)($333)($141)$207$417$753$540$379$584$1,702$1,442$678($730)$1,377$1,502$3,821$5,971$0$0$0$565$566$640$12($492)($398)($321)($1,131)($920)($1,066)($1,398)($1,245)$1,771($879)($2,372)($3,710)($5,189)($6,972)$0$0($1,436)($1,691)($1,312)($958)($522)($569)($668)($288)($559)($627)($656)($823)($4,439)($2,049)($1,516)($2,105)($10,110)$0$0$0($782)($797)($727)($524)($511)($495)($554)($555)($517)($480)($444)($480)($2,306)($1,529)($1,626)($1,404)($6,865)($6,865)$0$0($40)($44)($44)($34)($34)($34)($34)($34)($34)($34)($32)($32)($128)($102)($102)($97)($429)($429)$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Adjustment to tie to GL$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Total Basis Hedge Gain/Loss22($256)($333)($141)$207$417$753$540$379$584$1,702$1,442$678($730)$1,377$1,502$3,821$5,971$0$565$566$640$12($492)($398)($321)($1,131)($920)($1,066)($1,398)($1,245)$1,771($879)($2,372)($3,710)($5,189)($6,972)($1,436)($1,691)($1,312)($958)($522)($569)($668)($288)($559)($627)($656)($823)($4,439)($2,049)($1,516)($2,105)($10,110)$0($782)($797)($727)($524)($511)($495)($554)($555)($517)($480)($444)($480)($2,306)($1,529)($1,626)($1,404)($6,865)($6,865)($40)($44)($44)($34)($34)($34)($34)($34)($34)($34)($32)($32)($128)($102)($102)($97)($429)($429)$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
000000000000000000000000000000
Gas Realized Derivative Gain / Loss$1,519$293($1,143)($2,030)($3,888)($4,582)($5,928)($1,155)$326$2,218$4,247$3,382$669($10,500)($6,757)$9,847($6,740)$0$1,816$3,584$13,674$3,770$1,620$1,633$4,097$3,616$4,372$3,255$4,198$4,796$19,074$7,023$12,086$12,249$50,432$27,588$1,758$2,003$3,414$4,718$3,660$3,921$2,826$3,378$4,360$4,244$5,184$4,150$7,175$12,299$10,564$13,578$43,617$0$3,155$3,119$2,944$2,348$2,241$2,271$2,237$2,267$2,323$2,379$2,471$2,489$9,218$6,860$6,827$7,339$30,244$30,244$23$30$70$161$159$151$136$124$123$96$43($42)$122$471$383$98$1,073$1,073$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Fixed Swaps - Oil (MTM as of 4/30/2010)7($4,844)($5,350)($7,468)($8,694)($11,399)($13,023)($12,993)($9,026)($6,700)($1,396)$2,461$5,264($17,662)($33,117)($28,719)$6,328($73,170)$0$0$0$1,522$1,918$1,191$1,086($223)($2,563)$591($698)($350)($1,563)($1,960)($1,300)$4,631($1,700)($458)($4,823)($2,349)($8,067)$0$0($1,781)($1,447)($2,276)($2,683)($209)($404)($487)($528)($258)($1,559)($2,039)($3,057)($5,504)($3,296)($1,273)($6,655)($16,727)$0$0$0($2,478)($2,458)($2,791)($2,990)($3,208)($3,373)($3,479)($3,565)($3,620)($3,671)($3,710)($3,759)($7,728)($9,571)($10,664)($11,140)($39,103)($39,103)$0$0$493$493$499$506$511$514$522$529$538$542$544$537$1,484$1,531$1,589$1,623$6,228$6,228$0$0$103$104$105$106$107$108$109$110$110$110$111$111$311$321$329$332$1,292$1,292$0$0
Collars - Oil0$0$0$0$0$0$0$0$0$125$666$1,051$1,359$0$0$125$3,076$3,201$0$0$0$681$707$619$601$508$403$914$777$811$684$637$708$2,008$1,511$2,502$2,029$8,050$5,441$0$0$632$671$574$508$718$692$672$667$689$561$514$415$1,877$1,918$2,028$1,490$7,313$0$0$0$177$176$168$160$154$150$146$144$143$141$140$139$521$465$433$420$1,839$1,839$0$0$8$8$9$9$9$10$10$11$11$11$11$11$25$28$32$34$119$119$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Adjustment to tie to GL$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Oil Contracts7($4,844)($5,350)($7,468)($8,694)($11,399)($13,023)($12,993)($9,026)($6,575)($731)$3,512$6,623($17,662)($33,117)($28,594)$9,404($69,969)$0$2,202$2,626$1,811$1,687$285($2,160)$1,505$79$460($879)($1,323)($592)$6,639($188)$2,044($2,795)$5,700($2,625)($1,149)($776)($1,701)($2,175)$509$288$185$139$431($998)($1,525)($2,642)($3,627)($1,378)$755($5,165)($9,414)$0($2,302)($2,282)($2,623)($2,829)($3,054)($3,223)($3,332)($3,421)($3,478)($3,530)($3,569)($3,621)($7,207)($9,106)($10,231)($10,720)($37,264)($37,264)$501$501$507$515$520$524$532$540$549$554$555$549$1,509$1,559$1,621$1,658$6,347$6,347$103$104$105$106$107$108$109$110$110$110$111$111$311$321$329$332$1,292$1,292
Oil MTM47($511)($557)($757)($897)($1,156)($1,326)($1,336)($962)($723)($183)$268$682($1,825)($3,380)($3,021)$768($7,459)$0$0$0$174$193$131$0$0$0$72($137)($91)($286)($359)($256)$498$0($156)($901)($559)($1,057)$0$0($425)($362)($530)$0$0$0$0$0$0$0$0$0($1,317)$0$0$0($1,317)$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Adjustment to tie to GL$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Total Basis Hedge Gain/Loss47($511)($557)($757)($897)($1,156)($1,326)($1,336)($962)($723)($183)$268$682($1,825)($3,380)($3,021)$768($7,459)$0$174$193$131$0$0$0$72($137)($91)($286)($359)($256)$498$0($156)($901)($559)($1,057)($425)($362)($530)$0$0$0$0$0$0$0$0$0($1,317)$0$0$0($1,317)$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Oil Realized Derivative Gain / Loss($5,355)($5,908)($8,225)($9,592)($12,556)($14,350)($14,330)($9,988)($7,298)($913)$3,780$7,305($19,488)($36,497)($31,615)$10,172($77,428)$0$2,377$2,818$1,941$1,687$285($2,160)$1,577($58)$370($1,165)($1,682)($848)$7,136($188)$1,889($3,696)$5,141($3,682)($1,574)($1,138)($2,231)($2,175)$509$288$185$139$431($998)($1,525)($2,642)($4,944)($1,378)$755($5,165)($10,731)$0($2,302)($2,282)($2,623)($2,829)($3,054)($3,223)($3,332)($3,421)($3,478)($3,530)($3,569)($3,621)($7,207)($9,106)($10,231)($10,720)($37,264)($37,264)$501$501$507$515$520$524$532$540$549$554$555$549$1,509$1,559$1,621$1,658$6,347$6,347$103$104$105$106$107$108$109$110$110$110$111$111$311$321$329$332$1,292$1,292
Total Realized Gain / Loss($3,836)($5,615)($9,368)($11,621)($16,443)($18,932)($20,258)($11,142)($6,971)$1,304$8,028$10,687($18,818)($46,997)($38,372)$20,019($84,168)$0$4,192$6,403$15,616$5,457$1,905($527)$5,674$3,558$4,742$2,090$2,516$3,947$26,211$6,835$13,974$8,553$55,573$23,906$183$865$1,183$2,543$4,169$4,209$3,012$3,517$4,791$3,245$3,660$1,508$2,231$10,922$11,320$8,413$32,886$0$854$837$321($481)($813)($952)($1,095)($1,153)($1,155)($1,151)($1,099)($1,131)$2,011($2,246)($3,404)($3,381)($7,020)($7,020)$523$531$577$676$680$674$668$664$671$650$599$507$1,631$2,030$2,003$1,756$7,420$7,420$103$104$105$106$107$108$109$110$110$110$111$111$311$321$329$332$1,292$1,292
Ineffectiveness & Non-Hedge Derivatives
Fixed Swaps - Gas (Ineffectiveness)40($3,171)($8,006)($3,046)($3,081)($2,034)$1,021$16,596$4,133$2,610$2,611$422$1,590($14,223)($4,094)$23,339$4,622$9,644$0$9,644$0$1,003$979$905$612$582$563$548$532$521$481$464$447$2,887$1,758$1,601$1,393$7,638$4,139$7,638$0$179$174$166$119$114$111$110$108$107$107$107$107$519$344$325$321$1,510$0$1,510$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Collars - Gas (Ineffectiveness)1$0$0$0$0$723($5,588)$0($0)$0$0$0$0$0($4,865)($0)$0($4,865)$0($4,865)$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Adjustment to tie to GL$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Gas Contracts (Ineffectiveness)40($3,171)($8,006)($3,046)($3,081)($1,311)($4,567)$16,596$4,133$2,610$2,611$422$1,590($14,223)($8,959)$23,339$4,622$4,779$0$1,003$979$905$612$582$563$548$532$521$481$464$447$2,887$1,758$1,601$1,393$7,638$4,139$179$174$166$119$114$111$110$108$107$107$107$107$519$344$325$321$1,510$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Gas MTM (Non-hedge)($2,520)$0$0$0($2,520)($2,520)$0$24,066$11,485($6,309)$1,690($9,131)$1,672$1,797$5,604($15,655)$6,514$4,316($9,022)$29,242($5,769)($8,254)$1,808$17,028($13,904)$4,883$4,673$13,472($4,477)($4,875)($4,011)($2,495)$8,254$361($2,498)($4,425)($6,795)$23,029($13,363)$6,121($13,719)$2,068$0$1,668($3,898)($3,645)($2,845)($2,720)($2,726)($2,744)($2,769)($2,779)($2,791)($2,838)($2,883)($5,875)($8,291)($8,292)($8,512)($30,970)($30,970)($61)($72)($109)($188)($186)($177)($162)($151)($149)($123)($71)$0($241)($551)($461)($194)($1,448)($1,448)$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Basis Gas MTM (Non-hedge)22($654)$1,754$596$2,756$1,116($752)($2,125)($1,008)$1,506($896)($1,602)$390$1,696$3,119($1,627)($2,108)$1,079$0$1,079$0($2,494)$739($2,571)($5,164)$985($1,732)($3,048)($478)($1,319)($617)($2,506)$1,622($4,326)($5,910)($4,844)($1,501)($16,582)($7,092)($16,582)$0($238)$1,074$916$1,985($12)$3,770$1,695($338)($1,114)$1,014($518)$1,106$1,752$5,743$243$1,601$9,340$0$9,340$0($770)$793$722$519$505$488$545$545$506$469$432$466$745$1,512$1,595$1,367$5,218$5,218$5,218$0$38$41$41$33$33$32$32$32$32$32$30$30$120$98$97$91$406$406$406$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Collars - Gas MTM (Non-hedge)0$0$0$0$0$0($4,865)$11,545$4,294$3,126$4,501$2,161$921$0($4,865)$18,964$7,583$21,682$0$21,682$0$4,149$1,046$505$439($2,973)($858)($1,090)($38)($5,019)($240)($241)($3,296)$5,700($3,392)($6,148)($3,777)($7,617)($13,757)($7,617)$0($132)($440)$849($7,591)($1,080)($1,071)($854)($206)($817)($835)($1,028)($859)$277($9,742)($1,878)($2,722)($14,065)$0($14,065)$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Adjustment to tie to GL$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Total Gas, Basis & Collars (Non-hedge)22($654)$1,754$596$2,756$1,116($5,617)$9,420$3,285$4,632$3,604$559($1,209)$1,696($1,746)$17,337$2,955$20,242$0$25,721$13,270($8,374)($3,035)($11,119)($918)($2,341)$5,088($21,993)$5,658$1,569($10,696)$30,617($15,071)($19,246)($3,470)($7,171)($34,753)-24199.1880$4,514$5,307$15,238($10,083)($5,967)($1,312)($1,653)$7,710($1,570)($2,320)($5,971)($6,548)$25,059($17,363)$4,486($14,840)($2,657)$0-4724.890$897($3,104)($2,923)($2,326)($2,215)($2,239)($2,200)($2,224)($2,273)($2,322)($2,406)($2,417)($5,130)($6,780)($6,697)($7,145)($25,752)($25,752)5218.03983230820($22)($31)($68)($155)($153)($144)($130)($119)($117)($91)($41)$30($121)($453)($365)($103)($1,042)($1,042)405.65316769170$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
000000000000000000000000000000
Gas Ineffectiveness & MTM Gain / Loss($3,826)($6,252)($2,449)($326)($195)($10,184)$26,015$7,419$7,242$6,215$980$381($12,527)($10,705)$40,676$7,576$25,021$0$26,723$14,249($7,469)($2,423)($10,537)($355)($1,793)$5,620($21,472)$6,139$2,033($10,249)$33,503($13,314)($17,645)($2,077)$467($30,614)$4,693$5,482$15,404($9,964)($5,854)($1,201)($1,544)$7,818($1,463)($2,213)($5,864)($6,441)$25,578($17,018)$4,811($14,519)($1,147)$0$897($3,104)($2,923)($2,326)($2,215)($2,239)($2,200)($2,224)($2,273)($2,322)($2,406)($2,417)($5,130)($6,780)($6,697)($7,145)($25,752)($25,752)($22)($31)($68)($155)($153)($144)($130)($119)($117)($91)($41)$30($121)($453)($365)($103)($1,042)($1,042)$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Oil MTM (Non-hedge)($15,850)$62,251($3,976)($12,479)$15,676($17,342)$1,450($450)($23,474)$0$42,425($14,145)($22,474)$5,806$0$29,347$2,447$2,771$2,962$3,171$3,325$3,421$3,497$3,543$3,583$3,612$3,651$34,566$9,458$10,462$10,846$65,330$65,330($477.92)($476.55)($480.77)($486.24)($489.65)($491.25)($497.27)($502.70)($509.01)($511.72)($511.81)($503.91)($1,435)($1,467)($1,509)($1,527)($5,939)($5,939)($96)($97)($98)($98)($99)($100)($100)($101)($101)($101)($101)($101)($290)($297)($302)($302)($1,191)($1,191)
Fixed Swaps - Oil (Ineffectiveness)7$254($4,607)$3,713($1,512)($2,505)$3,431$5,542$3,299$2,482$1,054$365($55)($639)($586)$11,324$1,363$11,462$0$11,462$0$2,863$2,562$2,560$2,260$2,002$1,868$0$0$0$0$0$0$7,985$6,130$0$0$14,114$3,869$14,039$75$0$0($0)($2,806)($2,865)($2,879)($2,818)($2,835)($2,838)($2,777)($2,789)($2,792)($0)($8,550)($8,491)($8,357)($25,399)$0($25,399)$0($2,245)($2,251)($2,259)($2,265)($2,268)($2,273)($2,280)($2,301)($2,308)($2,322)($2,338)($2,342)($6,755)($6,805)($6,890)($7,002)($27,452)($27,452)($27,452)$0$4,188$4,154$4,081$4,005$3,974$3,907$3,879$3,809$3,780$3,713$3,643$3,613$12,423$11,887$11,468$10,969$46,746$46,746$46,746$0$3,393$3,321$3,289$3,258$3,158$3,093$3,063$2,999$2,970$2,903$2,874$2,813$10,003$9,509$9,032$8,590$37,134$37,134$37,134$0
Collars - Oil (ineffectiveness)0$0$0$0$0$2,081($5,773)$0$0$0$0$0$0$0($3,692)$0$0($3,692)$0($3,692)$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Adjustment to tie to GL$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Oil Contracts (Ineffectiveness)7$254($4,607)$3,713($1,512)($424)($2,342)$5,542$3,299$2,482$1,054$365($55)($639)($4,277)$11,324$1,363$7,770$0$2,863$2,562$2,560$2,260$2,002$1,868$0$0$0$0$0$0$7,985$6,130$0$0$14,114$3,869$0$0($0)($2,806)($2,865)($2,879)($2,818)($2,835)($2,838)($2,777)($2,789)($2,792)($0)($8,550)($8,491)($8,357)($25,399)$0($2,245)($2,251)($2,259)($2,265)($2,268)($2,273)($2,280)($2,301)($2,308)($2,322)($2,338)($2,342)($6,755)($6,805)($6,890)($7,002)($27,452)($27,452)$4,188$4,154$4,081$4,005$3,974$3,907$3,879$3,809$3,780$3,713$3,643$3,613$12,423$11,887$11,468$10,969$46,746$46,746$3,393$3,321$3,289$3,258$3,158$3,093$3,063$2,999$2,970$2,903$2,874$2,813$10,003$9,509$9,032$8,590$37,134$37,134
Oil MTM (Non-hedge)47($931)($10,061)$3,170($11,483)($19,878)($19,698)$18,579$7,511$16,436$28,877$8,895$4,694($7,822)($51,058)$42,526$42,466$26,111$0$26,111$0$4,711$1,395($5,436)$346($89,835)($3,407)($1,108)$1,637$514($4,536)($1,900)$1,111$669($92,896)$1,043($5,325)($96,508)($97,523)($14,575)($81,933)$4,635($2,425)($1,475)$0$0$0$0$0$0$0$0$0$736$0$0$0$736$0$736$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Collars - Oil MTM (Non-hedge)47$0$0$0$0$0($3,692)$6,551($425)$12,590$24,479$8,558$9,653$0($3,692)$18,717$42,691$57,716$0$57,716$0$6,218$148($8,904)$619($19,537)($17,021)($1,291)$274($212)($3,515)($1,750)($456)($2,538)($35,939)($1,229)($5,721)($45,427)($43,508)($45,427)$0$1,754($2,645)($1,582)($4,803)$2,213($634)($1,267)$116($1,482)($627)($726)($981)($2,473)($3,224)($2,633)($2,334)($10,665)$0($10,665)$0$133($176)($167)($159)($153)($148)($145)($142)($140)($139)($137)($136)($209)($461)($427)($412)($1,509)($1,509)($1,509)$0($8)($8)($8)($9)($9)($9)($10)($10)($11)($11)($11)($11)($24)($27)($31)($33)($115)($115)($115)$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Adjustment to tie to GL$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Total Oil MTM & Collars (Non-hedge)94($931)($10,061)$3,170($11,483)($19,878)($23,389)$25,130$7,086$29,026$53,357$17,453$14,347($7,822)($54,750)$61,243$85,157$83,828$0$10,929$1,542($14,340)$965($109,372)($20,428)($2,399)$1,912$302($8,051)($3,649)$654($1,869)($128,835)($185)($11,046)($141,935)($141,031)$6,389($5,070)($3,057)($4,803)$2,213($634)($1,267)$116($1,482)($627)($726)($981)($1,738)($3,224)($2,633)($2,334)($9,929)$0$133($176)($167)($159)($153)($148)($145)($142)($140)($139)($137)($136)($209)($461)($427)($412)($1,509)($1,509)($8)($8)($8)($9)($9)($9)($10)($10)($11)($11)($11)($11)($24)($27)($31)($33)($115)($115)$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Oil Ineffectiveness & MTM Gain / Loss($677)($14,668)$6,883($12,994)($20,302)($25,731)$30,672$10,386$31,509$54,410$17,818$14,292($8,462)($59,027)$72,566$86,520$91,598$0$13,793$4,104($11,781)$3,225($107,370)($18,560)($2,399)$1,912$302($8,051)($3,649)$654$6,116($122,705)($185)($11,046)($127,821)($137,162)$6,389($5,070)($3,057)($7,609)($652)($3,513)($4,084)($2,719)($4,320)($3,404)($3,515)($3,772)($1,738)($11,774)($11,124)($10,691)($35,328)$0($2,112)($2,427)($2,425)($2,424)($2,421)($2,421)($2,425)($2,443)($2,449)($2,460)($2,475)($2,478)($6,965)($7,266)($7,317)($7,414)($28,961)($28,961)$4,180$4,146$4,073$3,997$3,965$3,898$3,869$3,798$3,769$3,702$3,632$3,602$12,399$11,859$11,437$10,936$46,631$46,631$3,393$3,321$3,289$3,258$3,158$3,093$3,063$2,999$2,970$2,903$2,874$2,813$10,003$9,509$9,032$8,590$37,134$37,134
Total Ineffectiveness & MTM Gain / Loss($4,502)($20,920)$4,434($13,320)($20,496)($35,915)$56,688$17,804$38,750$60,625$18,798$14,673($20,988)($69,732)$113,242$94,096$116,619$0$40,516$18,353($19,250)$803($117,907)($18,915)($4,192)$7,531($21,170)($1,913)($1,616)($9,595)$39,620($136,019)($17,831)($13,124)($127,354)($167,776)$11,082$412$12,347($17,573)($6,506)($4,714)($5,628)$5,099($5,783)($5,617)($9,379)($10,214)$23,840($28,793)($6,313)($25,210)($36,475)$0($1,215)($5,532)($5,349)($4,750)($4,636)($4,659)($4,625)($4,668)($4,722)($4,782)($4,881)($4,896)($12,095)($14,046)($14,014)($14,559)($54,714)($54,714)$4,158$4,115$4,005$3,842$3,812$3,753$3,740$3,680$3,653$3,611$3,590$3,632$12,277$11,406$11,072$10,833$45,589$45,589$3,393$3,321$3,289$3,258$3,158$3,093$3,063$2,999$2,970$2,903$2,874$2,813$10,003$9,509$9,032$8,590$37,134$37,134
Balance Sheet Summary
Deferred Tax - Ineffectiveness (in K$)(1,128)(4,879)258(1,777)(671)(2,672)8,5632,8751,9701,417304593(5,749)(5,120)13,4082,3154,8541,4951,3661,3371,1089979382122052011861791734,1983,0436195398,398696764(1,039)(1,064)(1,070)(1,047)(1,055)(1,056)(1,033)(1,037)(1,039)201(3,174)(3,158)(3,108)(9,240)(868)(871)(874)(876)(877)(879)(882)(890)(893)(898)(904)(906)(2,613)(2,632)(2,665)(2,708)(10,618)1,6201,6071,5791,5491,5371,5111,5001,4731,4621,4361,4091,3984,8054,5984,4364,24318,0811,3121,2841,2721,2601,2211,1961,1851,1601,1491,1231,1121,0883,8693,6783,4943,32314,364
Deferred Tax - S/T Hedge Instruments(498,071)(10,881,292)(802,478)(10,204,349)(13,967,904)(14,543,937)22,397,8098,981,89113,938,83424,764,0758,181,696(467,149)(12,181,841)(38,716,190)45,318,53432,478,62226,899,1251,367,280494,546(2,996,581)60,899(1,412,375)(214,777)(134,956)812,725508,767(1,940,953)(1,708,863)1,311,000(1,134,756)(1,566,253)1,186,536(2,338,816)(3,853,288)6,869,181(2,784,712)(1,975,999)(363,087)2,177,756(1,335,578)2,149,32961,9123,598,2112,311,8773,350,5931,013,0042,108,470479,0915,809,4526,675,47415,072,4877,105,4751,149,7471,250,9541,365,3101,560,9251,889,6122,503,7224,020,0769,820,331488,005,631(523,317,757)10,851,0829,506,1774,815,84816,344,129(24,461,043)6,205,111(1,274,730)(1,255,788)(1,227,439)(1,197,081)(1,177,772)(1,141,614)(1,117,445)(1,070,832)(1,024,979)(934,615)(777,917)(462,572)(3,757,957)(3,516,467)(3,213,255)(2,175,104)(12,662,783)(1,312,467)(1,284,454)(1,272,271)(1,260,290)(1,221,394)(1,196,263)(1,184,758)(1,160,128)(1,148,837)(1,123,027)(1,111,777)(1,087,893)(3,869,192)(3,677,946)(3,493,723)(3,322,697)(14,363,558)
Current Derivative Instruments(1,489,021)(38,244,367)(3,233,234)(30,549,137)(42,579,706)(50,823,829)83,322,98732,350,16849,917,34985,073,87428,595,290(6,621,268)(42,966,622)(123,952,672)165,590,504107,047,896105,719,10624,893,3079,235,629(15,279,197)1,554,196(32,132,410)(7,164,935)(5,186,927)8,637,115(13,600,780)(12,567,872)(2,894,750)(9,356,771)18,849,739(37,743,149)(10,150,592)(24,819,393)(53,863,395)19,661,221(9,794,880)2,847,833($9,792,562)29,736,918(1,855,189)(12,281,213)18,114,698(17,252,310)(2,463,387)(8,621,596)(27,507,243)12,714,17418,089,167(11,418,825)(38,592,226)(19,207,710)20,241,619(318,217)238,8561,126,4891,454,8301,583,5651,713,6391,762,5391,765,7511,736,4321,632,7971,572,73620,162,2584,164,8845,241,9294,941,96534,511,035(412,100)(418,444)(459,923)(551,867)(553,166)(545,387)(536,675)(531,123)(535,582)(513,001)(463,579)(384,626)(1,290,466)(1,650,421)(1,603,381)(1,361,205)(5,905,473)(95,895)(96,702)(97,504)(98,301)(99,005)(99,704)(100,225)(100,567)(100,733)(100,810)(100,714)(100,531)(290,101)(297,010)(301,525)(302,055)(1,190,691)
LT Derivative Instruments(6,038,389)(40,742,339)16,840,669(42,137,333)(71,605,066)(80,962,968)100,548,37135,497,53888,625,013142,719,41549,529,71958,517,561(29,940,059)(194,705,367)224,670,922250,766,695250,792,19141,117,52310,983,423(48,028,445)(719,824)(137,150,173)(26,869,312)(4,329,399)6,656,740(5,331,858)(11,811,994)(8,244,333)5,026,9704,072,501(164,739,309)(3,004,517)(15,029,357)(178,700,682)19,913,457(5,290,289)(208,067)(20,943,268)28,759,465(4,066,740)(3,118,021)5,387,304(3,141,944)966,0621,473,372(3,495,387)14,415,1013,749,457(872,661)(1,055,953)16,235,94410,136,227(515,146)(557,427)(650,168)(652,171)(645,092)(636,900)(631,690)(636,315)(613,811)(564,293)(475,515)9,063,654(1,947,431)(1,904,905)(1,653,619)3,557,699(95,895)(96,702)(97,504)(98,301)(99,005)(99,704)(100,225)(100,567)(100,733)(100,810)(100,714)(100,531)(290,101)(297,010)(301,525)(302,055)(1,190,691)-----------------
Deferred Tax - L/T Hedge Instruments(752,871)(11,571,866)4,358,202(12,753,560)(22,266,980)(22,535,917)26,804,07710,380,35424,667,29539,904,61114,772,15820,485,890(7,966,536)(57,556,457)61,851,72775,162,65971,491,3938,494,66260,339(13,996,680)(48,608)(18,409,256)(5,568,523)(1,919,147)2,182,038359,067(6,749,384)(1,974,512)725,437(5,441,680)(24,026,387)621,959(7,998,459)(36,844,566)4,151,789(3,209,516)(1,778,633)1,402,488(1,112,277)2,404,869(1,101,925)992,870(2,541,920)(1,279,176)(2,313,424)25,597(836,360)2,695,079(2,650,975)(3,567,003)(4,359,259)(6,237,075)(278,875)(377,300)(489,319)(683,585)(1,010,595)(1,621,701)(3,130,004)(8,927,513)(487,107,582)524,222,001(9,945,097)(6,893,249)(2,183,499)(13,679,218)27,169,3224,413,356(345,025)(350,868)(351,254)(352,232)(359,487)(369,603)(383,014)(402,321)(437,148)(501,577)(631,054)(935,017)(1,047,148)(1,081,322)(1,222,483)(2,067,648)(5,418,600)-----------------
OCI Hedge Instruments3,233,91258,045,495(9,192,191)59,350,36893,673,76095,858,162(127,195,819)(50,054,923)(99,803,859)(167,180,306)(59,339,886)(51,755,052)52,087,216248,882,290(277,054,601)(278,275,244)(254,360,339)(25,492,366)(1,865,846)44,058,007(31,830)51,375,83615,119,4485,324,275(7,762,481)(2,237,324)22,467,2619,522,686(5,264,832)16,699,79566,463,454(4,675,530)26,725,115105,212,834(28,492,683)15,496,9709,706,907(2,687,179)(2,754,597)(2,764,455)(2,707,869)(2,726,945)(2,730,845)(2,669,859)(2,681,409)(2,685,110)(3,288,806)(8,206,231)(8,165,659)(8,036,378)(27,697,074)(2,245,089)(2,251,481)(2,258,672)(2,264,715)(2,268,201)(2,272,536)(2,280,303)(2,301,116)(2,308,217)(2,321,740)(2,337,758)(2,342,258)(6,755,242)(6,805,452)(6,889,636)(7,001,756)(27,452,086)4,187,5784,153,7144,081,4204,005,4623,974,3013,906,9723,879,1583,808,5653,780,0583,713,0093,642,6343,613,20812,422,71211,886,73511,467,78110,968,85146,746,0793,393,1413,320,7193,289,2223,258,2463,157,6883,092,7163,062,9732,999,2972,970,1062,903,3802,874,2942,812,54610,003,0829,508,6509,032,3768,590,22037,134,328
OCI Deferred Tax Hedges1,250,94222,453,158(3,555,723)22,957,90936,234,88437,079,854(49,201,887)(19,362,245)(38,606,129)(64,668,686)(22,953,855)(20,018,741)20,148,37796,272,647(107,170,261)(107,641,281)(98,390,518)(9,861,943)(554,884)16,993,262(12,291)19,821,6315,783,3002,054,103(2,994,763)(867,835)8,690,3373,683,375(2,036,437)6,576,43525,592,640(1,808,495)10,337,27440,697,855(11,020,970)5,994,2283,754,632(1,039,401)(1,065,478)(1,069,291)(1,047,404)(1,054,782)(1,056,291)(1,032,701)(1,037,169)(1,038,601)(1,272,110)(3,174,170)(3,158,477)(3,108,471)(10,713,228)(868,400)(870,873)(873,654)(875,992)(877,340)(879,017)(882,021)(890,072)(892,818)(898,049)(904,245)(905,985)(2,612,928)(2,632,349)(2,664,911)(2,708,279)(10,618,467)1,619,7551,606,6571,578,6931,549,3131,537,2601,511,2171,500,4581,473,1531,462,1261,436,1921,408,9711,397,5894,805,1054,597,7894,435,7384,242,75218,081,3831,312,4671,284,4541,272,2711,260,2901,221,3941,196,2631,184,7581,160,1281,148,8371,123,0271,111,7771,087,8933,869,1923,677,9463,493,7233,322,69714,363,558
Net Cummulative OCI75,819,811111,412,148105,775,680142,168,139199,607,015258,385,323180,391,390149,698,71388,500,983(14,010,638)(50,396,669)(82,132,980)105,775,680258,385,32388,500,983(82,132,980)(82,132,980)(97,763,403)(99,074,365)(72,009,620)(72,029,159)(40,474,954)(31,138,806)(27,868,634)(32,636,352)(34,005,841)(20,228,917)(14,389,606)(17,618,001)(72,009,620)(31,138,806)(34,005,841)(17,618,001)(17,618,001)(35,089,714)(25,586,972)(19,634,696)(21,282,475)(22,971,594)(24,666,757)(26,327,223)(27,999,385)(29,673,939)(31,311,097)(32,955,337)(34,601,846)(19,634,696)(24,666,757)(29,673,939)(34,601,846)(34,601,846)(35,978,535)(37,359,143)(38,744,161)(40,132,884)(41,523,745)(42,917,264)(44,315,546)(45,726,590)(47,141,989)(48,565,680)(49,999,193)(18,990,524)(38,744,161)(42,917,264)(47,141,989)(18,990,524)(18,990,524)(18,042,456)(17,102,056)(16,178,022)(15,271,186)(14,371,404)(13,486,865)(12,608,624)(11,746,365)(10,890,560)(10,049,934)(9,225,242)(8,407,212)(16,178,022)(13,486,865)(10,890,560)(8,407,212)(8,407,212)(7,639,005)(6,887,194)(6,142,514)(5,404,847)(4,689,947)(3,989,756)(3,296,299)(2,617,258)(1,944,826)(1,287,501)(636,760)-(6,142,514)(3,989,756)(1,944,826)--
Cummulative OCI123,650,170181,695,665172,503,474231,853,842325,527,602421,385,764294,189,945244,135,022144,331,163(22,849,143)(82,189,029)(133,944,081)172,503,474421,385,764144,331,163(133,944,081)(133,944,081)(159,436,447)(161,302,293)(117,244,286)(117,276,116)(65,900,280)(50,780,832)(45,456,557)(53,219,038)(55,456,362)(32,989,101)(23,466,415)(28,731,247)(117,244,286)(50,780,832)(55,456,362)(28,731,247)(28,731,247)(57,223,930)(41,726,960)(32,020,053)(34,707,232)(37,461,829)(40,226,284)(42,934,153)(45,661,098)(48,391,943)(51,061,802)(53,743,211)(56,428,321)(32,020,053)(40,226,284)(48,391,943)(56,428,321)(56,428,321)(58,673,410)(60,924,891)(63,183,563)(65,448,278)(67,716,479)(69,989,015)(72,269,318)(74,570,434)(76,878,651)(79,200,391)(81,538,149)(83,880,407)(63,183,563)(69,989,015)(76,878,651)(83,880,407)(83,880,407)(79,692,829)(75,539,115)(71,457,695)(67,452,233)(63,477,932)(59,570,960)(55,691,802)(51,883,237)(48,103,179)(44,390,170)(40,747,536)(37,134,328)(71,457,695)(59,570,960)(48,103,179)(37,134,328)(37,134,328)(33,741,187)(30,420,468)(27,131,246)(23,873,000)(20,715,312)(17,622,596)(14,559,623)(11,560,326)(8,590,220)(5,686,840)(2,812,546)-(27,131,246)(17,622,596)(8,590,220)--
Cummulative ST Liability(55,795,726)(94,040,093)(97,273,327)(127,822,464)(170,402,170)(221,225,999)(137,903,012)(105,552,844)(55,635,495)29,438,37958,033,66951,412,401(97,273,327)(221,225,999)(55,635,495)51,412,40151,412,40176,305,70885,541,33770,262,14071,816,33639,683,92632,518,99127,332,06435,969,17922,368,3999,800,5276,905,777(2,450,994)70,262,14032,518,99122,368,399(2,450,994)(2,450,994)17,210,227$7,415,34710,263,180($5,295,190)$24,441,72822,586,53910,305,32628,420,02411,167,7148,704,327$82,731(27,424,512)10,263,18022,586,53911,167,714(27,424,512)(27,424,512)($7,182,893)(7,501,110)(7,262,254)(6,135,765)(4,680,936)(3,097,371)(1,383,732)378,8072,144,5583,880,9905,513,7877,086,523(7,262,254)(3,097,371)2,144,5587,086,5237,086,5236,674,4236,255,9805,796,0575,244,1894,691,0234,145,6363,608,9613,077,8382,542,2562,029,2551,565,6761,181,0505,796,0574,145,6362,542,2561,181,0501,181,0501,094,796998,094900,590802,289703,284603,580503,355402,788302,055201,245100,531-900,590603,580302,055--
Cummulative LT Liability(102,498,657)(143,240,996)(126,400,327)(168,537,660)(240,142,726)(321,105,694)(220,557,323)(185,059,785)(96,434,772)46,284,64395,814,362154,331,923(126,400,327)(321,105,694)(96,434,772)154,331,923154,331,923195,449,446206,432,869158,404,424157,684,60020,534,427(6,334,885)(10,664,284)(4,007,544)(9,339,402)(21,151,396)(29,395,729)(24,368,759)158,404,424(6,334,885)(9,339,402)(24,368,759)(24,368,759)(4,455,302)(9,745,591)(9,953,658)(25,131,118)3,628,347(438,393)(3,556,414)1,830,890(1,311,054)(344,992)$1,128,380($2,367,007)(9,953,658)(438,393)(1,311,054)(2,367,007)(2,367,007)$7,769,219$7,254,074$6,696,647$6,046,479$5,394,308$4,749,216$4,112,316$3,480,626$2,844,311$2,230,499$1,666,207$1,190,691$6,696,647$4,749,216$2,844,311$1,190,691$1,190,691$1,094,796$998,094$900,590$802,289$703,284$603,580$503,355$402,788$302,055$201,245$100,531$0900,590603,580302,055-------------------
Cummulative OCI - Deferred Tax(47,830,359)(70,283,517)(66,727,794)(89,685,703)(125,920,587)(163,000,441)(113,798,555)(94,436,309)(55,830,180)8,838,50531,792,36051,811,101(66,727,794)(163,000,441)(55,830,180)51,811,10151,811,10161,673,04462,227,92845,234,66645,246,95625,425,32619,642,02617,587,92320,582,68621,450,52112,760,1849,076,80911,113,24645,234,66619,642,02621,450,52111,113,24611,113,24622,134,21616,139,98812,385,35713,424,75714,490,23515,559,52716,606,93017,661,71318,718,00419,750,70520,787,87421,826,47512,385,35715,559,52718,718,00421,826,47521,826,47522,694,87523,565,74824,439,40225,315,39426,192,73427,071,75127,953,77228,843,84429,736,66230,634,71131,538,95664,889,88324,439,40227,071,75129,736,66264,889,88364,889,88361,650,37358,437,05955,279,67352,181,04749,106,52846,084,09543,083,17840,136,87237,212,61934,340,23631,522,29428,727,11655,279,67346,084,09537,212,61928,727,11628,727,11626,102,18223,533,27420,988,73218,468,15316,025,36513,632,84011,263,3248,943,0686,645,3944,399,3392,175,786-20,988,73213,632,8406,645,394--
Cumm ST Liability Gas - Deferred Tax665,9514,549,1676,250,1157,840,1659,243,61612,019,2732,668,475304,264(1,384,027)(3,080,732)(3,396,523)(2,473,851)6,250,11512,019,273(1,384,027)(2,473,851)(2,473,851)(2,150,866)(1,671,613)(1,374,131)(1,296,021)(1,324,413)(1,185,981)(1,035,253)(911,146)(812,718)(678,031)(547,702)(390,696)(1,374,131)(1,185,981)(812,718)(390,696)(390,696)(347,280)(308,509)(275,722)(247,587)(216,581)(185,139)(156,306)(132,577)(103,451)(72,784)(38,348)-(275,722)(185,139)(103,451)-----------------------------------------------------
Cumm ST Liability Oil - Deferred Tax17,129,21324,127,28923,228,81931,843,11844,407,57156,175,85143,128,84036,511,16024,260,6181,193,247(6,672,658)(7,128,181)23,228,81956,175,85124,260,618(7,128,181)(7,128,181)(8,818,445)(9,792,244)(7,093,145)(7,232,153)(5,791,387)(5,715,042)(5,730,814)(6,667,645)(7,274,841)(5,468,575)(3,890,041)(5,358,047)(7,093,145)(5,715,042)(7,274,841)(5,358,047)(5,358,047)(12,270,644)(9,524,703)(7,581,491)(7,246,539)(9,455,300)(8,151,166)(10,329,328)(10,414,968)(14,042,305)(16,384,849)(19,769,879)(20,821,231)(7,581,491)(8,151,166)(14,042,305)(20,821,231)(20,821,231)(27,926,706)(29,076,453)(30,327,407)(31,692,718)(33,253,643)(35,143,255)(37,646,977)(41,667,053)(51,487,384)(539,493,015)(16,175,259)(27,026,341)(30,327,407)(35,143,255)(51,487,384)(27,026,341)(27,026,341)(25,751,611)(24,495,823)(23,268,384)(22,071,303)(20,893,531)(19,751,917)(18,634,472)(17,563,641)(16,538,662)(15,604,047)(14,826,130)(14,363,558)(23,268,384)(19,751,917)(16,538,662)(14,363,558)(14,363,558)(13,051,091)(11,766,637)(10,494,366)(9,234,076)(8,012,683)(6,816,420)(5,631,662)(4,471,534)(3,322,697)(2,199,670)(1,087,893)-(10,494,366)(6,816,420)(3,322,697)--
Cumm LT Liability Gas - Deferred Tax40,284573,412677,166925,611898,6991,793,981581,072163,820(307,946)(693,548)(756,707)(1,064,341)677,1661,793,981(307,946)(1,064,341)(1,064,341)(999,541)(1,092,966)(1,041,179)(883,144)(630,228)(555,766)(494,973)(413,831)(309,795)(258,333)(209,217)(193,186)(1,041,179)(555,766)(309,795)(193,186)(193,186)(167,310)(138,694)(107,244)(89,233)(76,224)(64,668)(51,072)(33,012)(20,680)(9,977)(2,952)-(107,244)(64,668)(20,680)-----------------------------------------------------
Cumm LT Liability Oil - Deferred Tax29,994,91141,033,65036,571,69449,076,80971,370,70193,011,33567,420,16857,457,06533,261,536(6,257,473)(20,966,472)(41,144,728)36,571,69493,011,33533,261,536(41,144,728)(41,144,728)(49,704,191)(49,671,105)(35,726,211)(35,835,638)(17,679,298)(12,185,237)(10,326,883)(12,590,064)(13,053,167)(6,355,245)(4,429,849)(5,171,317)(35,726,211)(12,185,237)(13,053,167)(5,171,317)(5,171,317)(9,348,982)(6,168,082)(4,420,899)(5,841,398)(4,742,129)(7,158,554)(6,070,225)(7,081,156)(4,551,567)(3,283,095)(976,695)(1,005,244)(4,420,899)(7,158,554)(4,551,567)(1,005,244)(1,005,244)5,231,8315,510,7055,888,0056,377,3247,060,9098,071,5049,693,20512,823,20921,750,722508,858,304(15,363,697)(5,418,600)5,888,0058,071,50421,750,722(5,418,600)(5,418,600)(5,073,575)(4,722,707)(4,371,453)(4,019,221)(3,659,733)(3,290,130)(2,907,117)(2,504,795)(2,067,648)(1,566,071)(935,017)-(4,371,453)(3,290,130)(2,067,648)-------------------
Cumm ST Liability All - Deferred Tax(27,107,134)(27,706,742)(15,310,059)(12,545,827)(10,518,586)(13,842,530)(8,652,097)(3,790,844)(2,671,155)948,044(27,107,134)(12,545,827)(8,652,097)948,044948,044(6,656,916)(2,868,256)(3,969,798)2,048,179(9,454,060)(9,251,691)(4,587,187)(11,679,822)(5,092,498)(4,225,530)(976,566)9,577,366(3,969,798)(9,251,691)(5,092,498)9,577,3669,577,3662,778,3432,901,4292,809,0402,373,3141,810,5861,198,063535,227(146,523)(829,515)(1,501,167)(2,132,733)(2,741,067)2,809,0401,198,063(829,515)(2,741,067)(2,741,067)(2,581,667)(2,419,813)(2,241,915)(2,028,452)(1,814,488)(1,603,532)(1,395,946)(1,190,508)(983,344)(784,916)(605,603)(456,830)(2,241,915)(1,603,532)(983,344)(456,830)(456,830)(423,467)(386,063)(348,348)(310,325)(272,030)(233,465)(194,698)(155,798)(116,835)(77,841)(38,885)-(348,348)(233,465)(116,835)--
Cumm LT Liabilitiy All - Deferred Tax(61,112,427)(60,834,719)(7,922,182)2,443,9994,104,0881,542,2803,612,4818,181,36011,370,2689,425,836(61,112,427)2,443,9993,612,4819,425,8369,425,8361,723,3113,769,5953,850,0759,720,716(1,403,445)(42,891,142)(41,599,222)(43,597,162)(42,295,988)(42,583,792)(43,067,822)(41,629,937)3,850,075(42,891,142)(42,295,988)(41,629,937)(41,629,937)(3,005,134)(2,805,876)(2,590,263)(2,338,778)(2,086,518)(1,836,997)(1,590,644)(1,346,306)(1,100,179)(862,757)(644,489)(460,559)(2,590,263)(1,836,997)(1,100,179)(460,559)(460,559)(423,467)(386,063)(348,348)(310,325)(272,030)(233,465)(194,698)(155,798)(116,835)(77,841)(38,885)-(348,348)(233,465)(116,835)-------------------
Monthly change - Deferred Tax309,610(45,487,590)(7,347,113)(1,633,226)2,890,988(8,128,469)(739,796)(625,222)(3,711,204)-(52,525,093)(6,870,707)(5,076,222)30,323,9744,286,516159,2854,775,693(12,928,020)21,560,92340,216,037(7,003,827)8,035,792(8,944,788)(1,611,867)(3,802,102)(13,030,418)9,221,49348,848,940(7,912,824)(18,444,387)31,713,223(32,694,180)(1,193,217)(996,878)(691,751)(566,872)(516,016)(465,538)(452,659)(455,953)(463,819)(490,947)(32,926,522)(34,884,275)(1,774,638)(1,374,151)(33,881,289)(71,914,353)3,043,0183,014,0552,941,7742,847,1402,822,2602,772,9122,754,5642,701,9682,678,1262,634,9622,599,6732,607,5198,998,8478,442,3128,134,6587,842,154(32,504,310)2,591,5712,531,5042,506,8282,482,5562,404,4922,353,9592,330,7492,281,3572,258,7112,207,0612,184,5982,136,9007,629,9027,241,0086,870,8166,528,55929,183,946
Check Figure Def Tax Hedge - Cumm-----(0)-------(0)------------------------------0(0)---(0)(0)-----------32,444,941---32,444,94132,444,94130,825,18629,218,53027,639,83626,090,52424,553,26423,042,04721,541,58920,068,43618,606,31017,170,11815,761,14714,363,55827,639,83623,042,04718,606,31014,363,55814,363,55813,051,09111,766,63710,494,3669,234,0768,012,6836,816,4205,631,6624,471,5343,322,6972,199,6701,087,893-10,494,3666,816,4203,322,697--
Check Figure Def Tax Hedge - Monthly0-0--0(0)-----00(0)-0-------------------------------------------------------------------------------------
Check Figure Liability - Monthly------------0----(0)--------------------0--------------------9,641-----------
Effective tax rate - gas0.386800.385800.385800.385800.385800.385800.386940.385800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.38680
Effective tax rate - oil0.386820.385780.385820.385820.385820.385800.386920.385800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.38680
Effective tax rate - overall0.385800.385800.385800.385800.384840.384840.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.386800.38680
-Short Term------------------------
-Long Term------------------------
83,880,40779,692,82975,539,11571,457,69567,452,23363,477,93259,570,96055,691,80251,883,23748,103,17944,390,17040,747,53637,134,32833,741,18730,420,46827,131,24623,873,00020,715,31217,622,59614,559,62311,560,3268,590,2205,686,8402,812,546-
32,444,94130,825,18629,218,53027,639,83626,090,52424,553,26423,042,04721,541,58920,068,43618,606,31017,170,11815,761,14714,363,55813,051,09111,766,63710,494,3669,234,0768,012,6836,816,4205,631,6624,471,5343,322,6972,199,6701,087,893-
Change
8.96%8.89%8.73%8.57%8.50%8.36%8.30%8.15%8.09%7.94%7.79%7.73%100.00%9.14%8.94%8.86%8.77%8.50%8.33%8.25%8.08%8.00%7.82%7.74%7.57%100.00%
222,000222,000222,000222,000222,000222,000222,000222,000222,000222,000222,000222,0002,664,0005,663,4445,623,4865,537,4295,447,0485,410,5475,330,6145,298,2395,214,5405,181,4635,102,0755,018,4034,983,35956,169,1224,219,9504,129,8814,090,7094,052,1853,927,1243,846,3203,809,3303,730,1383,693,8343,610,8493,574,6753,497,88146,182,878
85,87085,87085,87085,87085,87085,87085,87085,87085,87085,87085,87085,8701,030,4352,190,6202,175,1642,141,8782,106,9182,092,8002,061,8812,049,3592,016,9842,004,1901,973,4831,941,1181,927,56324,681,9581,632,2771,597,4381,582,2861,567,3851,519,0121,487,7571,473,4491,442,8171,428,7751,396,6761,382,6841,352,98017,863,537
631,737632,469633,279634,168635,109636,077637,123638,247639,423640,600641,489641,8037,641,524
&L&Z&F &A&R&D; &T
Julie:Originally recorded as a loss in OCI (Other Comprehensive Income) - now recording the loss in the income statement
Julie:Originally recorded as a loss in OCI (Other Comprehensive Income) - now recording the loss in the income statement
Julie:Originally recorded as a loss in OCI (Other Comprehensive Income) - now recording the loss in the income statement
Julie:Originally recorded as a loss in OCI (Other Comprehensive Income) - now recording the loss in the income statement
Julie:Originally recorded as a loss in OCI (Other Comprehensive Income) - now recording the loss in the income statement
Administrator:Adjust to tie to FR
Administrator:Adjusted to tie to FR
summer.smith:adjusted for change in acct method; discontinued hedge acct
Volume Summary
Volume SummaryVolume SummaryVolume Summary2/28/11Change date to recalc percentage PDP hedged.Volume SummaryVolume SummaryVolume Summary
12+0_REV_2011 Adj Projection @ 95% of 1/10/11 NYMEX3129313031303131303130319191929236612+0_REV_2011 Adj Projection @ 95% of 1/10/11 NYMEX3128313031303131303130319091929236512+0_REV_2011 Adj Projection @ 95% of 1/10/11 NYMEX3128313031303131303130319091929236512+0_REV_2011 Adj Projection @ 95% of 1/10/11 NYMEX3128313031303131303130319091929236512+0_REV_2011 Adj Projection @ 95% of 1/10/11 NYMEX3129313031303131303130319191929236612+0_REV_2011 Adj Projection @ 95% of 1/10/11 NYMEX31283130313031313031303190919292365
ActualActualActualActualActualActualActualActualActualActualActualActualActualActualActualActualProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjected2009ActualActualActualActualActualActualActualActualActualActualActualActual2010ProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjected2011ProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjected2012ProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjectedProjected2013
FloorCeilingJan-08Feb-08Mar-08Apr-08May-08Jun-08Jul-08Aug-08Sep-08Oct-08Nov-08Dec-081Q20082Q20083Q20084Q2008Yr 2008FloorCeilingJan-09Feb-09Mar-09Apr-09May-09Jun-09Jul-09Aug-09Sep-09Oct-09Nov-09Dec-091Q20092Q20093Q20094Q2009Yr 2009FloorCeilingJan-10Feb-10Mar-10Apr-10May-10Jun-10Jul-10Aug-10Sep-10Oct-10Nov-10Dec-101Q20102Q20103Q20104Q2010Yr 2010FloorCeilingJan-11Feb-11Mar-11Apr-11May-11Jun-11Jul-11Aug-11Sep-11Oct-11Nov-11Dec-111Q20112Q20113Q20114Q2011Yr 2011FloorCeilingJan-12Feb-12Mar-12Apr-12May-12Jun-12Jul-12Aug-12Sep-12Oct-12Nov-12Dec-121Q20122Q20123Q20124Q2012Yr 2012FloorCeilingJan-13Feb-13Mar-13Apr-13May-13Jun-13Jul-13Aug-13Sep-13Oct-13Nov-13Dec-131Q20132Q20133Q20134Q2013Yr 2013
Gas Fixed Swaps (MTM 11/30/08)$8.11$8.11990,0001,340,0001,390,0001,360,0001,010,0001,340,0001,280,000950,0001,250,0001,250,0001,210,0001,210,0003,720,0003,710,0003,480,0003,670,00014,580,000Gas MTM$7.21$7.21250,0001,250,0001,250,0001,250,000150,000150,000530,000530,000530,000500,0001,200,0001,200,0002,750,0001,550,0001,590,0002,900,0008,790,000Gas MTM$7.11$7.111,100,0001,150,0001,590,0001,480,0001,400,0001,350,0001,300,0001,200,0001,200,0001,150,0001,150,0001,150,0003,840,0004,230,0003,700,0003,450,00015,220,000Gas MTM$6.28$6.281,550,0001,750,0001,700,0001,660,0001,620,0001,590,0001,560,0001,530,0001,510,0001,480,0001,460,0001,450,0005,000,0004,870,0004,600,0004,390,00018,860,000Gas MTM$5.04$5.04500,000500,000500,000500,000500,000500,000500,000500,000500,000500,000500,000500,0001,500,0001,500,0001,500,0001,500,0006,000,000Gas MTM$0.00$0.0000000000000000000
Hedge Price$8.17$8.50$8.38$7.87$7.76$7.88$7.91$7.87$7.98$8.03$8.28$8.53$8.37$7.84$7.93$8.28$8.11$7.76$6.03$6.02$6.01$8.37$8.45$8.37$8.42$8.44$8.52$7.60$7.97$6.18$6.47$8.41$7.91$7.21$7.68$7.61$6.89$6.58$6.62$6.74$6.87$7.08$7.11$7.27$7.53$7.84$7.33$6.64$7.01$7.55$7.11$6.68$6.42$6.33$5.89$5.90$5.98$6.10$6.19$6.23$6.35$6.58$6.86$6.47$5.92$6.17$6.59$6.28$5.07$5.07$5.05$5.00$5.00$5.00$5.01$5.02$5.02$5.04$5.07$5.12$5.06$5.00$5.02$5.08$5.04$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Domestic Gas - Fixed Swaps$8.11$8.11990,0001,340,0001,390,0001,360,0001,010,0001,340,0001,280,000950,0001,250,0001,250,0001,210,0001,210,0003,720,0003,710,0003,480,0003,670,00014,580,000Domestic Gas - MTM$7.21$7.21250,0001,250,0001,250,0001,250,000150,000150,000530,000530,000530,000500,0001,200,0001,200,0002,750,0001,550,0001,590,0002,900,0008,790,000Domestic Gas - MTM$7.11$7.111,100,0001,150,0001,590,0001,480,0001,400,0001,350,0001,300,0001,200,0001,200,0001,150,0001,150,0001,150,0003,840,0004,230,0003,700,0003,450,00015,220,000Domestic Gas - MTM$6.28$6.281,550,0001,750,0001,700,0001,660,0001,620,0001,590,0001,560,0001,530,0001,510,0001,480,0001,460,0001,450,0005,000,0004,870,0004,600,0004,390,00018,860,000Domestic Gas - MTM$5.04$5.04500,000500,000500,000500,000500,000500,000500,000500,000500,000500,000500,000500,0001,500,0001,500,0001,500,0001,500,0006,000,000Domestic Gas - MTM$0.00$0.0000000000000000000
Gas Collars$10.00$17.270000000000100,000100,000000200,000200,000Gas Collars$10.00$13.93200,000200,000200,000200,000200,000200,000330,000330,000330,000330,000330,000330,000600,000600,000990,000990,0003,180,000Gas Collars$10.00$11.60280,000280,000280,000280,000150,000150,000150,000150,000150,000150,000150,000150,000840,000580,000450,000450,0002,320,000Gas Collars$0.00$0.0000000000000000000Gas Collars$0.00$0.0000000000000000000Gas Collars$0.00$0.0000000000000000000
Hedge Price (floor prece only)$0.51$0.00$0.00$0.00$1.00$0.00$0.00$0.00$0.00$0.00$10.00$10.00$0.51$1.00$0.00$10.00$10.00Floor$10.00$10.00$10.00$10.00$10.00$10.00$10.00$10.00$10.00$10.00$10.00$10.00$10.00$10.00$10.00$10.00$10.00Floor$10.00$10.00$10.00$10.00$10.00$10.00$10.00$10.00$10.00$10.00$10.00$10.00$10.00$10.00$10.00$10.00$10.00Floor$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00Floor$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00Floor$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Ceiling$14.06$14.06$14.06$14.06$14.06$14.06$13.85$13.85$13.85$13.85$13.85$13.85$14.06$14.06$13.85$13.85$13.93Ceiling$11.53$11.53$11.53$11.53$11.67$11.67$11.67$11.67$11.67$11.67$11.67$11.67$11.53$11.60$11.67$11.67$11.60Ceiling$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00Ceiling$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00Ceiling$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Domestic Gas - Collars$10.00$17.270000000000100,000100,000000200,000200,000Domestic Gas - Collars$10.00$13.93200,000200,000200,000200,000200,000200,000330,000330,000330,000330,000330,000330,000600,000600,000990,000990,0003,180,000Domestic Gas - Collars$10.00$11.60280,000280,000280,000280,000150,000150,000150,000150,000150,000150,000150,000150,000840,000580,000450,000450,0002,320,000Domestic Gas - Collars$0.00$0.0000000000000000000Domestic Gas - Collars$0.00$0.0000000000000000000Domestic Gas - Collars$0.00$0.0000000000000000000
Gas Hedges & Non-hedges$8.13$8.23990,0001,340,0001,390,0001,360,0001,010,0001,340,0001,280,000950,0001,250,0001,250,0001,310,0001,310,0003,720,0003,710,0003,480,0003,870,00014,780,000Domestic Gas Hedges$7.95$8.99450,0001,450,0001,450,0001,450,000350,000350,000860,000860,000860,000830,0001,530,0001,530,0003,350,0002,150,0002,580,0003,890,00011,970,000Domestic Gas Hedges$7.49$7.711,380,0001,430,0001,870,0001,760,0001,550,0001,500,0001,450,0001,350,0001,350,0001,300,0001,300,0001,300,0004,680,0004,810,0004,150,0003,900,00017,540,000Domestic Gas Hedges$6.28$6.281,550,0001,750,0001,700,0001,660,0001,620,0001,590,0001,560,0001,530,0001,510,0001,480,0001,460,0001,450,0005,000,0004,870,0004,600,0004,390,00018,860,000Domestic Gas Hedges$5.04$5.04500,000500,000500,000500,000500,000500,000500,000500,000500,000500,000500,000500,0001,500,0001,500,0001,500,0001,500,0006,000,000Domestic Gas Hedges$0.00$0.0000000000000000000
Average Hedge Price$ 8.175$ 8.499$ 8.384$ 7.869$ 7.762$ 7.881$ 7.914$ 7.870$ 7.978$ 8.025$ 8.411$ 8.644$ 8.370$ 7.844$ 7.925$ 8.365$ 8.132Average Hedge Price$ 8.755$ 6.573$ 6.567$ 6.558$ 9.303$ 9.337$ 8.993$ 9.025$ 9.038$ 9.109$ 8.119$ 8.411$ 6.864$ 7.457$ 9.019$ 8.445$ 7.949Average Hedge Price$ 8.149$ 8.077$ 7.353$ 7.121$ 6.945$ 7.065$ 7.194$ 7.401$ 7.428$ 7.581$ 7.817$ 8.092$ 7.809$ 7.047$ 7.338$ 7.830$ 7.493Average Hedge Price$ 6.678$ 6.417$ 6.329$ 5.890$ 5.897$ 5.984$ 6.100$ 6.187$ 6.234$ 6.345$ 6.580$ 6.860$ 6.468$ 5.923$ 6.173$ 6.593$ 6.284Average Hedge Price$ 5.074$ 5.066$ 5.052$ 4.996$ 4.998$ 5.004$ 5.014$ 5.020$ 5.024$ 5.038$ 5.074$ 5.120$ 5.064$ 4.999$ 5.019$ 5.077$ 5.040Average Hedge Price$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0
WTI Fixed Swaps$70.09$70.09211,000208,000210,000206,000206,000203,000201,000197,000197,000197,000184,000184,000629,000615,000595,000565,0002,404,000WTI Fixed Swaps$65.73$65.7351,00057,00051,00051,000211,000229,000193,000190,000188,000186,000184,000183,000159,000491,000571,000553,0001,774,000WTI Fixed Swaps$72.22$72.22210,000207,000205,000170,000223,000221,000219,000217,000216,000212,000211,000210,000622,000614,000652,000633,0002,521,000WTI Fixed Swaps$75.07$75.07270,000269,000264,000259,000255,000252,000248,000245,000243,000240,000238,000236,000803,000766,000736,000714,0003,019,000WTI Fixed Swaps$93.42$93.42152,000152,000152,000152,000152,000152,000152,000152,000152,000152,000152,000152,000456,000456,000456,000456,0001,824,000WTI Fixed Swaps$100.00$100.0010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00030,00030,00030,00030,000120,000
Hedge Price$70.09$69.73$69.95$70.34$70.19$69.90$69.90$69.94$69.82$69.70$70.89$70.73$69.92$70.14$69.89$70.42$70.09$71.76$72.91$71.42$71.25$58.15$58.50$67.35$67.47$67.60$67.42$67.49$67.50$72.06$59.68$67.47$67.47$65.73$67.90$67.74$67.61$68.77$73.18$73.58$74.16$74.23$74.35$74.62$74.65$74.67$67.75$72.10$74.25$74.65$72.22$75.60$75.65$75.48$75.54$75.37$75.21$75.04$74.84$74.73$74.54$74.41$74.22$75.58$75.38$74.87$74.39$75.07$93.44$93.43$93.43$93.43$93.42$93.41$93.41$93.41$93.42$93.43$93.43$93.41$93.43$93.42$93.41$93.42$93.42$100.00$100.00$100.00$100.00$100.00$100.00$100.00$100.00$100.00$100.00$100.00$100.00$100.00$100.00$100.00$100.00$100.00
Domestic Oil - Fixed Swaps$70.09$70.09211,000208,000210,000206,000206,000203,000201,000197,000197,000197,000184,000184,000629,000615,000595,000565,0002,404,000Domestic Oil - Fixed Swaps$65.73$65.7351,00057,00051,00051,000211,000229,000193,000190,000188,000186,000184,000183,000159,000491,000571,000553,0001,774,000Domestic Oil - Fixed Swaps$72.22$72.22210,000207,000205,000170,000223,000221,000219,000217,000216,000212,000211,000210,000622,000614,000652,000633,0002,521,000Domestic Oil - Fixed Swaps$75.07$75.07270,000269,000264,000259,000255,000252,000248,000245,000243,000240,000238,000236,000803,000766,000736,000714,0003,019,000Domestic Oil - Fixed Swaps$93.42$93.42152,000152,000152,000152,000152,000152,000152,000152,000152,000152,000152,000152,000456,000456,000456,000456,0001,824,000Domestic Oil - Fixed Swaps$100.00$100.0010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00030,00030,00030,00030,000120,000
WTI Collars$110.00$160.4300000020,00020,00020,00020,00020,00020,0000060,00060,000120,000WTI Collars$110.00$165.9010,00010,00010,00010,00010,00010,00020,00020,00020,00020,00020,00020,00030,00030,00060,00060,000180,000WTI Collars$110.00$168.5520,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00060,00060,00060,00060,000240,000WTI Collars$110.00$153.007,0007,0007,0007,0007,0007,0007,0007,0007,0007,0007,0007,00021,00021,00021,00021,00084,000WTI Collars$87.50$108.8060,00060,00060,00060,00060,00060,00060,00060,00060,00060,00060,00060,000180,000180,000180,000180,000720,000WTI Collars$0.00$0.0000000000000000000
Hedge Price$0.00$0.00$0.00$0.00$0.00$0.00$110.00$110.00$110.00$110.00$110.00$110.00$0.00$0.00$110.00$110.00$110.00Floor$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00Floor$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00Floor$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00$110.00Floor$87.50$87.50$87.50$87.50$87.50$87.50$87.50$87.50$87.50$87.50$87.50$87.50$87.50$87.50$87.50$87.50$87.50Floor$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Ceiling$169.15$169.15$169.15$169.15$169.15$169.15$164.28$164.28$164.28$164.28$164.28$164.28$169.15$169.15$164.28$164.28$165.90Ceiling$168.55$168.55$168.55$168.55$168.55$168.55$168.55$168.55$168.55$168.55$168.55$168.55$168.55$168.55$168.55$168.55$168.55Ceiling$153.00$153.00$153.00$153.00$153.00$153.00$153.00$153.00$153.00$153.00$153.00$153.00$153.00$153.00$153.00$153.00$153.00Ceiling$108.80$108.80$108.80$108.80$108.80$108.80$108.80$108.80$108.80$108.80$108.80$108.80$108.80$108.80$108.80$108.80$108.80Ceiling$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Domestic Oil - Collars$110.00$160.4300000020,00020,00020,00020,00020,00020,0000060,00060,000120,000Domestic Oil - Collars$110.00$165.9010,00010,00010,00010,00010,00010,00020,00020,00020,00020,00020,00020,00030,00030,00060,00060,000180,000Domestic Oil - Collars$110.00$168.5520,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00020,00060,00060,00060,00060,000240,000Domestic Oil - Collars$110.00$153.007,0007,0007,0007,0007,0007,0007,0007,0007,0007,0007,0007,00021,00021,00021,00021,00084,000Domestic Oil - Collars$87.50$108.8060,00060,00060,00060,00060,00060,00060,00060,00060,00060,00060,00060,000180,000180,000180,000180,000720,000Domestic Oil - Collars$0.00$0.0000000000000000000
WTI MTM$67.53$67.5320,00020,00020,00020,00020,00020,00020,00020,00020,00020,00027,00027,00060,00060,00060,00074,000254,000WTI MTM$66.42$66.427,0007,0007,00000030,00030,00030,00030,00030,00030,00021,000090,00090,000201,000WTI MTM$0.00$0.0000000000000000000WTI MTM$0.00$0.0000000000000000000WTI MTM$0.00$0.0000000000000000000WTI MTM$0.00$0.0000000000000000000
Hedge Price$67.39$67.49$67.55$67.60$67.64$67.66$67.66$67.64$67.62$67.58$67.37$67.32$67.48$67.63$67.64$67.41$67.53$66.82$66.78$66.74$0.00$0.00$0.00$66.69$66.57$66.45$66.30$66.19$66.06$66.78$0.00$66.57$66.18$66.42$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Domestic Oil - MTM$67.53$67.5320,00020,00020,00020,00020,00020,00020,00020,00020,00020,00027,00027,00060,00060,00060,00074,000254,000Domestic Oil - MTM$66.42$66.427,0007,0007,00000030,00030,00030,00030,00030,00030,00021,000090,00090,000201,000Domestic Oil - MTM$0.00$0.0000000000000000000Domestic Oil - MTM$0.00$0.0000000000000000000Domestic Oil - MTM$0.00$0.0000000000000000000Domestic Oil - MTM$0.00$0.0000000000000000000
Oil Hedges & Non-hedges$71.58$73.76231,000228,000230,000226,000226,000223,000241,000237,000237,000237,000231,000231,000689,000675,000715,000699,0002,778,000Oil Hedges & Non-hedges$69.49$74.1668,00074,00068,00061,000221,000239,000243,000240,000238,000236,000234,000233,000210,000521,000721,000703,0002,155,000Oil Hedges & Non-hedges$75.51$80.60230,000227,000225,000190,000243,000241,000239,000237,000236,000232,000231,000230,000682,000674,000712,000693,0002,761,000Oil Hedges & Non-hedges$76.02$77.18277,000276,000271,000266,000262,000259,000255,000252,000250,000247,000245,000243,000824,000787,000757,000735,0003,103,000Oil Hedges & Non-hedges$91.75$97.77212,000212,000212,000212,000212,000212,000212,000212,000212,000212,000212,000212,000636,000636,000636,000636,0002,544,000Oil Hedges & Non-hedges$100.00$100.0010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00010,00030,00030,00030,00030,000120,000
Average Hedge Price$ 69.854$ 69.532$ 69.740$ 70.093$ 69.967$ 69.696$ 73.043$ 73.127$ 73.022$ 72.921$ 73.862$ 73.730$ 69.709$ 69.920$ 73.064$ 73.499$ 71.578Average Hedge Price$ 76.874$ 77.345$ 76.612$ 77.604$ 60.501$ 60.659$ 70.782$ 70.897$ 71.021$ 70.887$ 70.957$ 70.962$ 76.955$ 62.576$ 70.899$ 70.935$ 69.489Average Hedge Price$ 71.557$ 71.460$ 71.375$ 73.113$ 76.211$ 76.601$ 77.159$ 77.252$ 77.376$ 77.671$ 77.713$ 77.746$ 71.465$ 75.477$ 77.262$ 77.710$ 75.507Average Hedge Price$ 76.470$ 76.520$ 76.371$ 76.451$ 76.294$ 76.153$ 76.004$ 75.820$ 75.721$ 75.541$ 75.424$ 75.246$ 76.454$ 76.300$ 75.849$ 75.405$ 76.019Average Hedge Price$ 91.757$ 91.750$ 91.750$ 91.750$ 91.746$ 91.741$ 91.737$ 91.738$ 91.743$ 91.751$ 91.753$ 91.735$ 91.752$ 91.746$ 91.739$ 91.746$ 91.746Average Hedge Price$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000
Hedged Volumes (Mcfe)$10.14$10.382,376,0002,708,0002,770,0002,716,0002,366,0002,678,0002,726,0002,372,0002,672,0002,672,0002,696,0002,696,0007,854,0007,760,0007,770,0008,064,00031,448,000Hedged Volumes$9.84$10.74858,0001,894,0001,858,0001,816,0001,676,0001,784,0002,318,0002,300,0002,288,0002,246,0002,934,0002,928,0004,610,0005,276,0006,906,0008,108,00024,900,000Hedged Volumes$9.97$10.492,760,0002,792,0003,220,0002,900,0003,008,0002,946,0002,884,0002,772,0002,766,0002,692,0002,686,0002,680,0008,772,0008,854,0008,422,0008,058,00034,106,000Hedged Volumes$9.46$9.553,212,0003,406,0003,326,0003,256,0003,192,0003,144,0003,090,0003,042,0003,010,0002,962,0002,930,0002,908,0009,944,0009,592,0009,142,0008,800,00037,478,000Hedged Volumes$12.40$13.121,772,0001,772,0001,772,0001,772,0001,772,0001,772,0001,772,0001,772,0001,772,0001,772,0001,772,0001,772,0005,316,0005,316,0005,316,0005,316,00021,264,000Hedged Volumes$16.67$16.6760,00060,00060,00060,00060,00060,00060,00060,00060,00060,00060,00060,000180,000180,000180,000180,000720,000
Basis$0.92$0.92690,000690,000690,000740,000690,000740,000740,000740,000740,000740,000690,000840,0002,070,0002,170,0002,220,0002,270,0008,730,000Basis$0.94$0.941,740,0001,740,0001,740,0001,720,0001,720,0001,720,0001,540,0001,540,0001,540,0001,540,0001,450,0001,450,0005,220,0005,160,0004,620,0004,440,00019,440,000Basis$0.78$0.781,650,0001,650,0001,650,0001,400,0001,370,0001,350,0001,330,0001,310,0001,290,0001,450,0001,450,0001,450,0004,950,0004,120,0003,930,0004,350,00017,350,000Basis$0.67$0.671,400,0001,400,0001,400,0001,300,0001,290,0001,270,0001,250,0001,240,0001,230,0001,220,0001,200,0001,190,0004,200,0003,860,0003,720,0003,610,00015,390,000Basis$0.30$0.30700,000700,000700,000700,000700,000700,000700,000700,000700,000700,000700,000700,0002,100,0002,100,0002,100,0002,100,0008,400,000Basis$0.00$0.0000000000000000000
Average Hedge Price$ 1.015$ 1.015$ 1.015$ 0.896$ 0.896$ 0.896$ 0.905$ 0.905$ 0.905$ 0.905$ 0.957$ 0.957$ 1.015$ 0.896$ 0.905$ 0.939$ 0.940Average Hedge Price$ 0.937$ 0.937$ 0.937$ 0.721$ 0.727$ 0.731$ 0.736$ 0.740$ 0.745$ 0.684$ 0.707$ 0.707$ 0.937$ 0.726$ 0.740$ 0.699$ 0.783Average Hedge Price$ 0.726$ 0.726$ 0.726$ 0.639$ 0.639$ 0.640$ 0.642$ 0.643$ 0.644$ 0.644$ 0.646$ 0.646$ 0.726$ 0.640$ 0.643$ 0.646$ 0.665Average Hedge Price$ 0.304$ 0.304$ 0.304$ 0.304$ 0.304$ 0.304$ 0.304$ 0.304$ 0.304$ 0.304$ 0.304$ 0.304$ 0.304$ 0.304$ 0.304$ 0.304$ 0.304Average Hedge Price$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0$ - 0
Domestic Gas - Basis$0.92$0.92690,000690,000690,000740,000690,000740,000740,000740,000740,000740,000690,000840,0002,070,0002,170,0002,220,0002,270,0008,730,000Domestic Gas - Basis$0.94$0.941,740,0001,740,0001,740,0001,720,0001,720,0001,720,0001,540,0001,540,0001,540,0001,540,0001,450,0001,450,0005,220,0005,160,0004,620,0004,440,00019,440,000Domestic Gas - Basis$0.78$0.781,650,0001,650,0001,650,0001,400,0001,370,0001,350,0001,330,0001,310,0001,290,0001,450,0001,450,0001,450,0004,950,0004,120,0003,930,0004,350,00017,350,000Domestic Gas - Basis$0.67$0.671,400,0001,400,0001,400,0001,300,0001,290,0001,270,0001,250,0001,240,0001,230,0001,220,0001,200,0001,190,0004,200,0003,860,0003,720,0003,610,00015,390,000Domestic Gas - Basis$0.30$0.30700,000700,000700,000700,000700,000700,000700,000700,000700,000700,000700,000700,0002,100,0002,100,0002,100,0002,100,0008,400,000Domestic Gas - Basis$0.00$0.0000000000000000000
Oil Fixed Swaps Average$ 69.854$ 69.532$ 69.740$ 70.093$ 69.967$ 69.696$ 73.043$ 73.127$ 73.022$ 72.921$ 73.862$ 73.730Oil Fixed Swaps Average$ 76.874$ 77.345$ 76.612$ 77.604$ 60.501$ 60.659$ 70.782$ 70.897$ 71.021$ 70.887$ 70.957$ 70.962$ 76.955$ 62.576$ 70.899$ 70.935$ 69.489Oil Fixed Swaps Average$ 71.557$ 71.460$ 71.375$ 73.113$ 76.211$ 76.601$ 77.159$ 77.252$ 77.376$ 77.671$ 77.713$ 77.746$ 71.465$ 75.477$ 77.262$ 77.710$ 75.507Oil Fixed Swaps Average$ 76.470$ 76.520$ 76.371$ 76.451$ 76.294$ 76.153$ 76.004$ 75.820$ 75.721$ 75.541$ 75.424$ 75.246$ 76.454$ 76.300$ 75.849$ 75.405$ 76.019Oil Fixed Swaps Average$ 91.757$ 91.750$ 91.750$ 91.750$ 91.746$ 91.741$ 91.737$ 91.738$ 91.743$ 91.751$ 91.753$ 91.735$ 91.752$ 91.746$ 91.739$ 91.746$ 91.746Oil Fixed Swaps Average$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000$ 100.000
(Should agree with Marketing STRIPNYMEX)(Should agree with Marketing STRIPNYMEX)(Should agree with Marketing STRIPNYMEX)(Should agree with Marketing STRIPNYMEX)(Should agree with Marketing STRIPNYMEX)(Should agree with Marketing STRIPNYMEX)
Hedged at 85% PDP% PDP Hedged% PDP Hedged% PDP Hedged% PDP Hedged% PDP Hedged
Contracts Available - OilOil HedgesOil0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%Oil HedgesOil0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%Oil HedgesOil0.00%0.00%84.56%84.78%85.07%85.50%85.46%85.63%86.00%85.77%86.06%86.26%84.56%85.11%85.69%86.03%85.49%Oil HedgesOil76.13%76.98%77.81%78.61%79.41%80.17%80.94%81.68%82.41%83.12%83.83%84.53%76.97%79.39%81.67%83.82%80.38%Oil HedgesOil4.08%4.11%4.14%4.18%4.21%4.24%4.27%4.30%4.33%4.36%4.39%4.42%4.11%4.21%4.30%4.39%4.25%
Contracts Available - GasGas HedgesGas0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%Gas HedgesGas0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%Gas HedgesGas0.00%0.00%89.09%89.35%89.32%89.61%89.74%89.71%90.15%89.80%90.02%90.85%89.09%89.42%89.86%90.22%89.74%Gas HedgesGas31.80%32.28%32.75%33.21%33.67%34.12%34.56%35.00%35.43%35.85%36.29%36.70%32.27%33.66%35.00%36.28%34.24%Gas HedgesGas0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Contracts Available - BasisBasis HedgesGas0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%Basis HedgesGas0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%Basis HedgesGas0.00%0.00%73.37%69.97%71.12%71.58%71.91%72.71%73.43%74.03%73.99%74.56%73.37%70.88%72.67%74.19%72.61%Basis HedgesGas44.53%45.20%45.85%46.50%47.14%47.76%48.39%49.00%49.60%50.19%50.80%51.38%45.18%47.13%48.99%50.79%47.93%Basis HedgesGas0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Hedged at 85% PDPHedged at 90% PDP90%Hedged at 90% PDP90%Hedged at 90% PDP90%Hedged at 90% PDP90%Hedged at 90% PDP90%
Contracts Available - OilContracts Available - OilOil- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0Contracts Available - OilOil- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0Contracts Available - OilOil- 0- 017.4416.3815.1913.6413.5612.8711.6212.1811.2210.5317.4445.2038.0433.93134.62Contracts Available - OilOil38.6135.8433.2230.7128.2825.9823.7421.5919.5317.5415.6113.72107.6784.9764.8646.88304.38Contracts Available - OilOil210.61208.87207.19205.55203.96202.40200.68199.18197.73196.31194.91193.54626.66611.91597.59584.762,420.93
Contracts Available - GasContracts Available - GasGas- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0Contracts Available - GasGas- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0Contracts Available - GasGas- 0- 01.741.221.240.680.450.49(0.24)0.33(0.03)(1.36)1.743.140.70(1.06)4.52Contracts Available - GasGas91.4989.3987.4085.4983.6481.9080.1978.5677.0175.5174.0272.62268.28251.03235.77222.15977.23Contracts Available - GasGas117.58116.29115.05113.86112.70111.56110.39109.29108.23107.21106.19105.22348.92338.11327.90318.631,333.56
Contracts Available - BasisContracts Available - BasisGas- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0Contracts Available - BasisGas- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0Contracts Available - BasisGas- 0- 031.7437.2234.2432.6831.4529.4927.7626.3325.9724.6431.74104.1488.7076.94301.52Contracts Available - BasisGas71.4969.3967.4065.4963.6461.9060.1958.5657.0155.5154.0252.62208.28191.03175.77162.15737.23Contracts Available - BasisGas117.58116.29115.05113.86112.70111.56110.39109.29108.23107.21106.19105.22348.92338.11327.90318.631,333.56
Hedged at 85% PDPHedged at 85% PDP85%Hedged at 85% PDP85%Hedged at 85% PDP85%Hedged at 85% PDP85%Hedged at 85% PDP85%
Contracts Available - OilContracts Available - OilOil- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0Contracts Available - OilOil- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0Contracts Available - OilOil- 0- 01.410.69(0.21)(1.51)(1.36)(1.85)(2.92)(2.22)(3.01)(3.55)1.41(1.03)(6.13)(8.79)(14.53)Contracts Available - OilOil24.6922.0719.5917.2314.9312.7610.658.616.674.792.971.1866.3544.9225.938.94146.14Contracts Available - OilOil198.35196.71195.12193.58192.07190.60188.97187.56186.19184.85183.52182.23590.18576.25562.73550.602,279.76
Contracts Available - GasContracts Available - GasGas- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0Contracts Available - GasGas- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0Contracts Available - GasGas- 0- 0(7.80)(8.07)(7.83)(8.19)(8.24)(8.03)(8.62)(7.91)(8.14)(9.34)(7.80)(24.09)(24.90)(25.39)(82.17)Contracts Available - GasGas83.6381.6579.7677.9676.2174.5772.9671.4269.9568.5467.1365.81245.04228.75214.33201.48889.60Contracts Available - GasGas111.05109.83108.66107.53106.43105.36104.25103.21102.22101.25100.2999.38329.54319.33309.69300.921,259.48
Contracts Available - BasisContracts Available - BasisGas- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0Contracts Available - BasisGas- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0Contracts Available - BasisGas- 0- 022.2027.9325.1723.8122.7620.9719.3818.0917.8616.6622.2076.9163.1052.61214.83Contracts Available - BasisGas63.6361.6559.7657.9656.2154.5752.9651.4249.9548.5447.1345.81185.04168.75154.33141.48649.60Contracts Available - BasisGas111.05109.83108.66107.53106.43105.36104.25103.21102.22101.25100.2999.38329.54319.33309.69300.921,259.48
Hedged at 80% PDP80%Hedged at 80% PDP80%Hedged at 80% PDP80%Hedged at 80% PDP80%Hedged at 80% PDP80%
Contracts Available - OilOil- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0Contracts Available - OilOil- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0Contracts Available - OilOil- 0- 0(14.61)(15.00)(15.61)(16.65)(16.28)(16.56)(17.45)(16.62)(17.25)(17.64)(14.61)(47.26)(50.29)(51.51)(163.67)Contracts Available - OilOil10.768.315.973.741.58(0.46)(2.45)(4.37)(6.19)(7.96)(9.68)(11.36)25.044.87(13.01)(29.00)(12.10)Contracts Available - OilOil186.09184.55183.05181.60180.19178.80177.27175.94174.65173.39172.14170.92553.70540.59527.86516.452,138.60
Contracts Available - GasGas- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0Contracts Available - GasGas- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0Contracts Available - GasGas- 0- 0(17.34)(17.36)(16.90)(17.06)(16.93)(16.56)(16.99)(16.15)(16.25)(17.32)(17.34)(51.32)(50.49)(49.72)(168.87)Contracts Available - GasGas75.7773.9072.1370.4468.7967.2465.7364.2862.9061.5760.2459.00221.81206.47192.90180.80801.98Contracts Available - GasGas104.51103.37102.27101.21100.1799.1698.1297.1496.2195.3094.4093.53310.15300.54291.47283.221,185.39
Contracts Available - BasisGas- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0Contracts Available - BasisGas- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0- 0Contracts Available - BasisGas- 0- 012.6618.6416.1014.9414.0712.4411.019.85