Haynesville Area Highlights Area operators have reported very robust well results from Haynesville Shale completions North LA Area - Industry Highlights Petrohawk Average IP rate of all wells completed to date is ~18 MMcfe/d Recent well IP rates: 13.4 MMcfe/d (Bossier Parish, LA) 18.8 MMcfe/d (Bossier Parish, LA) 15.1 MMcfe/d (Bossier Parish LA) 23.3 MMcfe/d (De Soto Parish, LA) Forest Oil 14 Vertical well test completed Two most recent horizontal well IP rates: 20 Mmcfe/d and 14 MMcfe/d (Red River Parish, LA) Two additional wells tested at an average of 5 MMcfe/d (locations undisclosed) EXCO Resources Horizontal IP rate range of last 5 wells in DeSoto Parish, LA: 21.4 MMcfe/d - 26.1 MMcfe/d Drilled horizontal well in Caddo Parish, LA: 8.6 MMcfe/d J-W / Cohort Energy Caspiana & Elm Grove Fields Cupples 10 #1-H, IP=18 MMcf/d, 3800' Knox Min. 6H, IP=11.8 MMcf/d, 2500' Dalton 10 #1-H, IP=11.5 MMcf/d, 3453' Dean 17H, IP=10.8 MMcf/d, 4100' Pennwell 15H , IP=7.8 MMcf/d,3784' Whitaker 23H , IP=6.5 MMcf/d, 2200' Broussard 5H, IP=5.4 MMcf/d, 3500' White 16 #2-H, Frac 7/20/09 Lower rates a result of short laterals or proximity to faults Comstock Drilled 5 horizontal wells recently: 7.4 MMcfe/d (Harrison Co, TX) 7.2 MMcfe/d (De Soto Parish, LA) 15.1 MMcfe/d (De Soto Parish, LA) 16.2 MMcfe/d (De Soto Parish, LA) 11.6 MMcfe/d (De Soto Parish, LA) Endeavour's partner has participated in 17 horizontal and 6 vertical wells to date (14 wells operated) Vertical wells drilled to secure acreage Latest Endeavour (Cohort operated) horizontal well 24-hour rate of over 21 MMcfe/d Last 2 horizontal wells drilled in an average of 42 days, with an average drilling cost of $7.5 MM Northern Louisiana Has Been the Most Active and Prolific Haynesville Area Endeavour /Cohort Woodardville Prospect I. Minerals 3 #1-H , IP=21 MMcf/d, 4648' lateral Metcalf Prospect Bull Bayou Prospect Grand Cane Prospect |