Reserves as of Aug 31, 2006 (Audited):
PDP = 4.4 Bcfe
PDNP = 1.4 Bcfe
PUD = 3.6 Bcfe

Total = 9.5 Bcfe

+34% increase from 8/31/05


PDP: Proved - Developed Producing
PDNP: Proved - Developed Not Producing
PUD: Proved – Undeveloped


"As of August 31,"
2005
2006
Estimated Net Proved Reserves :
Natural gas (MMcf)
3,668
5,740
Oil & NGLs (MBbls)
566
628
Total (MMcfe)
7,064
9,508
Percent proved developed
61.80%
61.70%
Standardized Measure (in thousands)
$28,752
  
$28,685