Overview of Operations
Double Eagle Petroleum holds interest in over 525,000 gross acres (over 265,000 net), of which almost 75% is undeveloped in what we believe to be natural gas prone basins of the Rocky Mountains.
Click Map to EnlargeOperations at a Glance
114.2
BFCE Proved
Reserves (1) $229.7 Million PV-10 Value (1) 39% Net Production
Growth Over 2008 12% Increase In Total
Revenue Over 2008 900+ Future Drilling
Locations (1) Based on 12/31/2009
year end price.
Reserves (1) $229.7 Million PV-10 Value (1) 39% Net Production
Growth Over 2008 12% Increase In Total
Revenue Over 2008 900+ Future Drilling
Locations (1) Based on 12/31/2009
year end price.
At December 31, 2009, we owned interests in a total of 1,172 producing wells. We are the operator at two fields; our flagship project at the Catalina Unit in the Atlantic Rim and at two Waltman wells in the Wind River Basin. In other fields, we’ve joined with strong industry partners such as Anadarko Petroleum Corporation, ConocoPhillips, and Questar Corporation. In 2009, our production volumes were 98% natural gas.
0.25%