Exhibit 99.1 | ||||
TXCO's 2003 IPAA Presentation Outline | ||||
Slide 1 - Multi-Play, Multi-Pay in the Maverick Basin | ||||
Slide 2 - Corporate Information | ||||
- Corporate Headquarters | ||||
- Contacts | ||||
- Forward-Looking Information | ||||
Slide 3 - TXCO Snapshot | ||||
- Nasdaq Smallcap - TXCO | ||||
- Issued Shares - 20 Million | ||||
- Founded - 1979 | ||||
- Headquarters - San Antonio, Texas | ||||
- Web Site: www.txco.com | ||||
Slide 4 - TXCO Snapshot | ||||
Current Operations | ||||
- Leasehold: 572,000 Gross Acres | ||||
- Maverick Basin - 480,000 acres | ||||
- Largest Maverick Basin Mineral Leaseholder | ||||
- Williston Basin - 92,000 acres | ||||
- Reserve Make Up at Year-end 2002 | ||||
- 23.5 Bcfe - 62% Gas and 38% Oil | ||||
- 52% Proved Developed | ||||
- $45.4 million SEC PV-10 | ||||
- Net Daily Production | ||||
- 14.1 MMcfe at December 31, 2002 | ||||
- 16.3 MMcfe in April 2003 | ||||
Slide 5 - TXCO Strategy | ||||
- Focus Exploration Efforts | ||||
- Accumulate Large Leasehold Positions | ||||
In Core Area | ||||
- Operate Whenever Possible - Currently | ||||
More Than 85% | ||||
- Use 3-D Seismic and Horizontal Drilling | ||||
To Reduce Risk | ||||
TXCO's 2003 IPAA Presentation Outline | ||||
Slide 6 - Maverick Basin Focus | ||||
TXCO's 2003 IPAA Presentation Outline | ||||
Slide 11 - Glen Rose Play | ||||
- Initial 850-Acre Feature | ||||
TXCO's 2003 IPAA Presentation Outline | ||||
Slide 18 - Comanche Glen Rose Horizontal Drilling | ||||
TXCO's 2003 IPAA Presentation Outline | ||||
Slide 27 - Dewatering Allows Waterflood Synergism | ||||
TXCO's 2003 IPAA Presentation Outline | ||||
Slide 36 - Shareholders' Equity Up | ||||
TXCO's 2003 IPAA Presentation Outline | ||||
Slide 44 - Drilling Activity Accelerating | ||||
TXCO's 2003 IPAA Presentation Outline | ||||
Slide 50 - Why TXCO? |
- TXCOQ Dashboard
- Filings
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8-K Filing
Txco Resources (TXCOQ) Inactive 8-KOther events
Filed: 5 May 03, 12:00am