ENERGY PRODUCERS EXPLORATION & PRODUCTION

Transcription

1 ENERGY PRODUCERS EXPLORATION & PRODUCTION Independent Oil / Gas Companies Continental Resources, Inc. PO Box N. Independence Enid, Oklahoma Phone: Toll Free: (800) Fax: (580) EOG Resources Inc. P.O. Box 4362 Houston, TX Phone: (713) Toll Free: 1 (877) 363-EOGR Magellan Petroleum Corp. 7 Custom House St., 3rd Floor Portland, ME Phone: (207) Petrohawk Energy Corporation 1000 Louisiana, Suite 5600 Houston, Texas Phone: (832) Fax: (832) Pioneer Natural Resources Company 5205 N. O Connor Blvd., Suite 200 Irving, TX Phone: (972) Anadarko Petroleum Corporation Corporate Office 1201 Lake Robbins Drive The Woodlands, Texas Phone: (832) Chesapeake Energy Corporation Corporate Headquarters P.O. Box Oklahoma City, OK Phone: (405) Dominion Resources, Inc. 120 Tredegar St. Richmond, VA Phone: (804) Fax: (804) XTO Energy Inc. 810 Houston St. Fort Worth, Texas Phone: (817) or (800) Fax: (817) Exxon Mobile Corporate Headquarters 5959 Las Colinas Boulevard Irving, Texas Phone: (972) Southwestern Energy Company 2350 N. Sam Houston Pkwy., East, Ste. 125 Houston, TX Phone: Fax: Quicksilver Resources 777 W. Rosedale St., Ste. 300 Fort Worth, TX Phone: Fax: Other Players Ashland Inc. 50 E. RiverCenter Blvd. P.O. Box 391 Covington, KY Phone: (859) BP p.l.c. International Headquarters 1 St James s Square London, SW1Y 4PD Phone: +44 (0) Fax: +44 (0)

2 Brigham Exploration Company 6300 Bridge Point Pkwy Building 2, Suite 500 Austin, Texas Phone: (512) Fax: (512) Bonanza Creek Energy, Inc th St., Ste Denver, CO Phone: (720) Chevron Corporation 6001 Bollinger Canyon Rd. San Ramon, CA Phone: (925) ConocoPhillips 600 N. Dairy Ashford Houston, TX Phone: (281) Carrizo Oil & Gas 1000 Louisiana St., Ste Houston, TX Phone: Fax: Devon Energy 20 N. Broadway Oklahoma City, OK Phone: Fax: Denbury Resources 5100 Tennyson Pkwy., Ste Plano, TX Phone: Fax: Apache Corporation 2000 Post Oak Blvd., Ste. 100 Houston, TX Phone: Toll Free: Fax: Delta Petroleum Corporation th St., Ste Denver, CO Phone: (303) Fax: (303) Forest Oil Corporation th St., Ste Denver, CO Phone: (303) Fax: (303) Pride International, Inc San Felipe St., Ste Houston, TX Phone: (713) Fax: (713) Patterson-UTI Energy, Inc. 450 Gears Rd., Ste. 500 Houston, TX Phone: (281) Fax: (281) Koch Industries, Inc E. 37th St. North Wichita, KS Phone: (316) Fax: (316) Occidental Petroleum Corporation Wilshire Blvd. Los Angeles, CA Phone: (310) Fax: (310) Plains Company 700 Milam St., Ste Houston, TX Phone: (713) Toll Free: (800) Fax: (713)

3 Bakken/THREE Forks E&P CONTACTS Sources: Names of the companies are taken from the Hart Bakken Playbook. Information about the companies is from Hoover s. Energy Producers Abraxas Petroleum Corporation San Antonio, TX United States Phone: (210) DUNS#: Annual Sales ($Mil): PUBLIC, NASDAQ: AXAS Crude Petroleum and Natural Gas Extraction (NAICS ); Crude Petroleum & Natural Gas (SIC 1311) Abraxas is a mythical Gnostic symbol that represents the number 365 in Greek, and Abraxas Petroleum is working hard as a 365-days-a-year oil and gas company. The independent energy company is engaged in natural gas and crude oil exploration, development, and production. It operates primarily in Texas (along the Gulf Coast and in the Permian Basin), the Rocky Mountains, and the Mid-Continent, and in 2009 the company reported estimated proved reserves of 96.5 billion cu. ft. of natural gas and 8.8 million barrels of oil. Abraxas Petroleum also owns interests in more than 160,540 net acres, primarily in mature fields and in about 1,830 producing wells. AltaCanada Energy Corp. Calgary Alberta, Canada AltaCanada Energy Corp. is a Canada-based company operating in the oil and gas industry. The wholly owned subsidiaries of the Company are Alberta Selecta Corporation (ASC), ANG Holding Corp., ANG Holding (USA) Corp., and Montana Land and Exploration, Inc. (ML&E). During the year ended December 31, 2008, the Company averaged 438 barrels of oil equivalent/day (BOE/d). During 2008, the proved reserves of the Company were at 10Bcf. (Source: ARS) American Oil & Gas Inc Denver, CO United States AMEX: AEZ Electricity, Oil & Gas, Petrochemicals American Oil & Gas, Inc. is an independent oil and gas exploration and production company, engaged in acquiring oil and gas mineral leases and the exploration and development of crude oil and natural gas reserves and production in the United States Rocky Mountain region. During the year ended December 31, 2008, the Company controlled approximately 53,000 gross (34,000 net) acres in the Fetter Project area, in the southern Powder River Basin, Wyoming; approximately 128,000 gross (52,000 net) acres in the Krejci Project, located in Niobrara County, Wyoming. 1

4 Brigham Exploration Company Austin, TX United States Phone: (512) DUNS#: Annual Sales ($Mil): PUBLIC, NASDAQ: BEXP Still a young company, Brigham Exploration was one of the first small independent exploration and production firms to use 3-D seismic imaging. The company continues to rely on 3-D and other advanced technologies for onshore exploration. It traditionally explored in the Anadarko Basin, the onshore Texas/ Louisiana Gulf Coast, and West Texas, but has shifted its focus in recent years to the lucrative oil shale plays in the Rockies. In 2010 Brigham Exploration reported proved reserves of 66.8 million barrels of oil equivalent up from 27.7 million barrels of oil equivalent in Since its founding by CEO Ben Brigham in 1990, Brigham Exploration has drilled more than 1,070 gross wells. Bta Oil Producers, LLC Midland, TX United States Phone: (432) DUNS#: Crude Petroleum and Natural Gas Extraction (NAICS ); (SIC ) Crude petroleum and natural gas, nsk CAVU Resources Inc Tulsa, OK United States Energy, Utilities & Waste Treatment, Electricity, Oil & Gas CAVU Resources, Inc. and its wholly owned subsidiaries, maintains offices in Carson City, Nevada and Tulsa, Oklahoma. Cirque Resources LP Denver, CO United States Phone: (303) DUNS#: Annual Sales ($Mil): Support Activities for Oil and Gas Operations (NAICS ); Oil & Gas Field Exploration Services (SIC 1382) Oil and gas exploration services Concho Resources Inc Midland, TX United States NYSE: CXO Energy, Utilities & Waste Treatment, Electricity, Oil & Gas, Manufacturing, Chemicals, Petrochemicals, Glass & Gases, Petrochemicals Concho Resources Inc. (Concho) is an independent oil and natural gas company. The Company is engaged in the acquisition, development, exploitation and exploration of oil and natural gas properties. Its core operations are focused in the Permian Basin of Southeastern New Mexico and West Texas. The Permian Basin underlies an area of Southeastern New Mexico and West Texas approximately 250 miles wide and 300 miles long. At December 31, 2008, 97.9% of its total estimated net proved reserves were located in the Company s core operating areas and consisted of approximately 62.9% crude oil and 37.1% natural gas. 2

5 Conoco In Houston, TX United States Manufacturing, Chemicals, Petrochemicals, Glass & Gases, Petrochemicals Conoco Inc., is an integrated, global energy company engaged in the exploration, development, production and sale of crude oil, natural gas and natural gas liquids (NGLs), as well as other energy-related activities. The Company has three operating segments: upstream, downstream and emerging businesses. The upstream operating segment s activities include exploring for, developing, producing and selling crude oil, natural gas and NGLs, and also include the Syncrude mining operations (Canadian Syncrude). Downstream operating segment activities include refining crude oil and other feedstocks. Continental Resources Inc Enid, OK United States NYSE: CLR Software, Software Development & Design, Electricity, Oil & Gas, Petrochemicals Continental Resources, Inc. is an independent oil and natural gas exploration and production company with operations in the Rocky Mountain, Mid-Continent and Gulf Coast regions of the United States. The Company focuses on exploration activities in new or developing plays that provide it the opportunity to acquire undeveloped acreage positions for future drilling operations. During the year ended December 31, 2008, 70% of its reserves were located in the Rocky Mountain region. During 2008, the Company acquired 20 square miles of 3-D seismic on Chicago/Norad project. CREDO Petroleum Corporation Denver, CO United States Phone: (303) DUNS#: Annual Sales ($Mil): PUBLIC, NASDAQ: CRED Crude Petroleum and Natural Gas Extraction (NAICS ); Crude Petroleum & Natural Gas (SIC 1311) CREDO Petroleum believes strongly in fossil fuels: It explores for, produces, and markets natural gas and crude oil in the US Gulf Coast, Midcontinent, and Rocky Mountain regions. The company has traditionally concentrated on shallow and medium-depth properties (7,000-9,000 ft.), but in recent years it has launched projects in Kansas and South Texas (where it is drilling to well depths ranging from 10,000 to 17,000 ft.). In 2008 the company reported estimated proved reserves of 15.5 billion cu. ft. of gas and 710,000 barrels of oil. Subsidiary United Oil operates the company s properties in Oklahoma, and CREDO Petroleum s other subsidiary, SECO Energy, owns royalty interests in the Rocky Mountains. Denbury Resources Inc. Plano, TX United States NYSE: DNR Energy, Utilities & Waste Treatment, Manufacturing, Electricity, Oil & Gas, Chemicals, Petrochemicals, Glass & Gases, Petrochemicals Denbury Resources Inc. is engaged in the acquisition, development, operation and exploration of oil and natural gas properties in the Gulf Coast region of the United States, primarily in Mississippi, Louisiana, Texas and Alabama. The Company is an independent oil and gas company engaged in acquisition, development and exploration activities in the United States Gulf Coast region. It is an oil and natural gas producer in Mississippi, which owns a carbon dioxide (CO 2 ) reserves east of the Mississippi River used for tertiary oil recovery, and holds a significant operating acreage in the Barnett Shale play. 3

6 Dorchester Minerals LP Dallas, TX United States NASDAQ: DMLP Metals & Mining, Mining, Electricity, Oil & Gas, Petrochemicals Dorchester Minerals, L.P. (Partnership) is a limited partnership that commenced operations on January 31, 2003 upon the combination of Dorchester Hugoton, Limited, Republic Royalty Company, L.P. and Spinnaker Royalty Company, L.P. The Partnership is engaged in the acquisition, ownership and administration of Net Profits Interests and Royalty Properties. The Net Profits Interests represent net profits overriding royalty interests in various properties owned by the operating partnership. Earthstone Energy, Inc. Denver, CO United States Phone: (303) DUNS#: Annual Sales ($Mil): PUBLIC, OTC: BSIC Oil and Gas Extraction (NAICS 21111); Crude Petroleum & Natural Gas (SIC 1311) Earthstone Energy (formerly Basic Earth Science Systems) taps into some of Planet Earth s basic energy sources -- oil and gas. It is involved in exploration, production, operation, and development activities, exploiting crude oil and natural gas assets in Colorado s Denver-Julesburg Basin, the Williston Basin of Montana, North Dakota, and along the Gulf Coast. The company drills about 48 net wells a year and has proved reserves of 638,000 barrels of oil and 936 million cu. ft. of gas. Most of Earthstone Energy s productive wells are in Montana, North Dakota, and Texas. EOG Resources, Inc. Houston, TX United States Phone: (713) DUNS#: Annual Sales ($Mil): 6, PUBLIC, NYSE: EOG Oil and Gas Extraction (NAICS 21111); Crude Petroleum & Natural Gas (SIC 1311) EOG Resources hogs a resource -- natural gas. The independent oil and gas company is engaged in exploring for natural gas and crude oil and developing, producing, and marketing those resources. In 2009 EOG, an independent offspring of the once powerful Enron, reported estimated proved reserves of 10.8 trillion cu. ft. equivalent, including 8.9 trillion cu. ft. of natural gas reserves and 313 million barrels of crude oil, condensate, and natural gas liquid (NGL) reserves. The company operates in major production basins in Canada, offshore Trinidad, the US, the UK sector of the North Sea, and in China (Sichuan basin). Fidelity Company Denver, CO United States Manufacturing, Chemicals, Petrochemicals, Glass & Gases, Petrochemicals A group of energy and energy service companies serving the upper Midwest and Central regions of the United States featuring natural gas pipeline, oil and natural gas production and exploration and energy services. 4

7 FieldPoint Petroleum Corporation Cedar Park, TX United States Phone: (512) DUNS#: Annual Sales ($Mil): PUBLIC, NYSE Amex: FPP Oil and Gas Extraction (NAICS 21111); Crude Petroleum & Natural Gas (SIC 1311) Got oil and gas? FieldPoint Petroleum can point to its oil and gas fields and its interests in 360 productive oil and gas wells in Louisiana, New Mexico, Oklahoma, Texas, and Wyoming. The independent oil and gas exploration company operates some 60 of these wells. About two-thirds of its gross productive oil wells are located in Oklahoma. FieldPoint Petroleum has proved reserves of more than 885,240 barrels of oil and 2.7 billion cu. ft. of natural gas. Chairman and CEO Ray Reaves, an oil and gas industry veteran, controls about 34% of the company. GeoreSources Inc Houston, TX United States NASDAQ: GEOI Manufacturing, Chemicals, Petrochemicals, Glass & Gases, Petrochemicals, Electricity, Oil & Gas GeoResources, Inc. is an independent oil and gas company engaged in the acquisition and development of oil and gas reserves through an active and diversified program, which includes purchases of reserves, reengineering, development and exploration activities focused in three United States areas, including the Southwest and Gulf Coast, the Rocky Mountains and the Williston Basin. On April 17, 2007, the Company merged with Southern Bay Oil & Gas, L.P. (Southern Bay) and a subsidiary of Chandler Energy, LLC (Chandler) and acquired certain Chandler-associated oil and gas properties. Gulfport Energy Corporation Oklahoma City, OK United States NASDAQ: GPOR Energy, Utilities & Waste Treatment, Oil & Gas Exploration & Services, Electricity, Oil & Gas, Petrochemicals Gulfport Energy Corporation (Gulfport) is an independent oil and natural gas exploration and production company with its principal producing properties located along the Louisiana Gulf Coast in the West Cote Blanche Bay (WCBB), Hackberry fields, and in West Texas in the Permian Basin. The Company holds a significant acreage position in the Alberta oil sands in Canada, through its interest in Grizzly Oil Sands ULC (Grizzly), and in the Bakken Shale, and has interests in entities that operate in Southeast Asia, including the Phu Horm gas field in Thailand. 5

8 Hess Corporation New York, NY United States NYSE: HES Manufacturing, Chemicals, Petrochemicals, Glass & Gases, Petrochemicals, Energy, Utilities & Waste Treatment, Electricity, Oil & Gas Hess Corporation (Hess) is a global integrated energy company that operates in two segments: Exploration and Production (E&P) and Marketing and Refining (M&R). The E&P segment explores for, develops, produces, purchases, transports and sells crude oil and natural gas. These exploration and production activities take place principally in Algeria, Australia, Azerbaijan, Brazil, Denmark, Egypt, Equatorial Guinea, Gabon, Ghana, Indonesia, Libya, Malaysia, Norway, Russia, Thailand, the United Kingdom and the United States. The M&R segment manufactures, purchases, transports, trades and markets refined petroleum products, natural gas and electricity. As of December 31, 2008, the Company owned a 50% interest in a refinery joint venture in the United States Virgin Islands, and another refining facility, terminals and retail gasoline stations located on the East Coast of the United States. (Source: 10-K) Hunt Oil Company Dallas, TX United States Manufacturing, Chemicals, Petrochemicals, Glass & Gases, Petrochemicals Hunt Oil Company was founded in 1934 and today is one of the leading privately held independent energy companies. Hunt Oil Company, its subsidiaries and affiliated entities, engage in oil and gas exploration and production activities in the United States, Canada, Yemen, Peru and a number of other countries. In addition, Hunt is integrally involved in the start-up of major liquefied natural gas (LNG) projects in Yemen and Peru. Jones Energy, Ltd. Austin, TX United States Phone: (512) DUNS#: PRIVATE Jones Energy pours its drilling efforts into the Texas Panhandle and Oklahoma. One of the most active oil and gas players in the western Anadarko Basin, the company boasts more than 750 producing wells, about half of which are in operation. It produces about 30.9 million cu. ft. of natural gas per day and more than 1,200 barrels of crude oil per day. Its primary focus is on horizontal drilling in the Cleveland and Granite wash plays. In terms of land, Jones Energy controls more than 1 million gross acres, about half of which may be developed for future exploration and production. With family roots in the petroleum industry since the 1920s, the independent company was founded by CEO Jonny Jones in

9 Kodiak Oil & Gas Corp. Denver, CO United States Phone: (303) DUNS#: Annual Sales ($Mil): PUBLIC, NYSE Amex: KOG Oil and Gas Extraction (NAICS 21111); Crude Petroleum & Natural Gas (SIC 1311) Kodiak Oil & Gas bears the responsibility for exploration, development, and production of oil and natural gas in the Rockies. The company, which focuses on assets in the Vermillion Basin of the Green River Basin and the Williston Basin (located in Montana and North Dakota), has proved reserves of 1.2 billion cu. ft. of natural gas and 344,000 barrels of oil. Kodiak Oil & Gas has 99,434 net acres of land holdings. In the Green River Basin it is exploring for unconventional gas through the exploitation of coalbed methane, over-pressured shales, and tight-gas-sands. In 2010 the company acquired 14,500 net acres of Williston Basin properties from a private company for $110 million. Lario Oil & Gas Company Denver, CO United States Energy, Utilities & Waste Treatment, Oil & Gas Exploration & Services Most recently, Lario has dedicated half of its available capital towards the development of unconventional plays, namely tight gas and shale gas plays. Expectations are high for the recent investments made in the established or emerging gas shale plays in the Barnett Shale in Texas, the Woodford Shale in Oklahoma, the Fayetteville Shale in Arkansas and the Neal/Floyd Shale Mississippi and Alabama. Keeping the portfolio balanced is always good practice and so most recently, Lario has been building a leasehold position targeting oil in the Middle Bakken Shale play of North Dakota. Magellan Petroleum Corporation Hartford, CT United States Phone: (860) DUNS#: Annual Sales ($Mil): PUBLIC, NASDAQ: MPET Magellan Petroleum has gone around the world to explore for oil and gas, but most of its revenues come from Australia. It operates mainly through Magellan Petroleum Australia Limited (MPAL), a wholly owned Australian subsidiary. MPAL s chief assets are its 35% interest in the Mereenie oil and gas field and its 52% stake in the Palm Valley gas field in the Amadeus Basin in Australia s Northern Territory. MPAL and Magellan Petroleum also own stakes in oil and gas assets in Canada, the US, and the UK. The company has proved reserves of 3.4 billion cu. ft. of natural gas and 996,000 barrels of oil. In 2010 it agreed to buy a 40% stake in the Evans Shoal natural gas field in offshore Northern Australia from Santos. 7

10 Marathon Oil Corporation Houston, TX United States NYSE: MRO Manufacturing, Chemicals, Petrochemicals, Glass & Gases, Petrochemicals, Electricity, Oil & Gas Marathon Oil Corporation is engaged in exploration, development and production activities in ten countries: United States, Angola, Canada, Equatorial Guinea, Gabon, Indonesia, Ireland, Libya, Norway and the United Kingdom. The Company s operations consist of four segments: exploration and production, oil sands mining, refining, marketing and transportation and integrated gas. Exploration and production explores for, produces and markets liquid hydrocarbons and natural gas. Oil sands mining mines, extracts and transports bitumen from oil sands deposits and upgrades the bitumen to produce and market synthetic crude oil and by-products. Refining, marketing and transportation, refines, markets and transports crude oil and petroleum products. Integrated gas, markets and transports products manufactured from natural gas, such as liquefied natural gas and methanol. Its wholly owned subsidiary include Speedway SuperAmerica LLC and Western Oil Sands Inc. (Western), Marathon Pipe Line LLC (MPL). (Source: 10-K) Murex Petroleum Corporation Houston, TX United States Phone: (281) DUNS#: Annual Sales ($Mil): Support Activities for Oil and Gas Operations (NAICS ); Oil & Gas Field Exploration Services (SIC 1382) Oil and gas exploration services Newfield Exploration Company Houston, TX United States NYSE: NFX Energy, Utilities & Waste Treatment, Electricity, Oil & Gas, Manufacturing, Chemicals, Petrochemicals, Glass & Gases, Petrochemicals Newfield Exploration Company is an independent oil and gas company engaged in the exploration, development and acquisition of natural gas and crude oil properties. The Company s areas of operation include the Anadarko and Arkoma Basins of the Mid-Continent, the Rocky Mountains, onshore Texas and the Gulf of Mexico. During the year ended December 31, 2008, the Company had proved reserves of 2.95 trillion cubic feet equivalents (Tcfe). Those reserves were 72% natural gas and 62% proved developed. (Source: 10-K) 8

11 Northern Oil and Gas, Inc. Wayzata, MN United States Phone: (952) DUNS#: Annual Sales ($Mil): PUBLIC, NYSE Amex: NOG It wouldn t be crude to say that living up north is a gas for this company. Northern Oil and Gas explores for and produces oil and natural gas on properties in the northern US. The company keeps overhead and risk down by purchasing minority, or non-operating, interests in producing oil and gas projects. With leaseholds on more than 151,000 acres in the Bakken and Three Forks oil and gas fields in North Dakota and Montana, the company has developed 15% of its property. That development has yielded proved and probable reserves of nearly 16 million barrels of oil equivalent (BOE), almost all of it crude. Northern Oil and Gas was formed in Oasis Petroleum LLC Houston, TX United States Phone: (281) DUNS#: Annual Sales ($Mil): PUBLIC, NYSE: OAS Oasis Petroleum is combing the northern US for a watering hole made of oil. The independent exploration and production company acquires and develops oil and gas resources in the Williston Basin of Montana and North Dakota, specifically in the Bakken and Three Forks formation. In 2009 Oasis Petroleum had estimated net proved reserves of 13.3 million barrels of oil equivalent from almost 300,000 net acres of land holdings. The company reports an average daily production of about 2,000 barrels of oil from 70 producing wells. (It sells most of its oil to marketing companies Tesoro and Texon.) Oasis Petroleum was formed in 2007 by former executives of Burlington Resources. The company filed to go public in Panther Energy Company, LLC Tulsa, OK United States Phone: (918) DUNS#: Annual Sales ($Mil): Support Activities for Oil and Gas Operations (NAICS ); Oil & Gas Field Exploration Services (SIC 1382) Oil and gas exploration services Peak Energy Resources, LLC Durango, CO United States Phone: (970) DUNS#: Annual Sales ($Mil): Support Activities for Oil and Gas Operations (NAICS ); Oil & Gas Field Exploration Services (SIC 1382) Oil and gas exploration services 9

12 Penn Virginia Corporation Radnor, PA United States Phone: (610) DUNS#: Annual Sales ($Mil): PUBLIC, NYSE: PVA Oil and Gas Extraction (NAICS 21111); Crude Petroleum & Natural Gas (SIC 1311) Incorporated in Virginia and based in Pennsylvania, Penn Virginia is an oil and gas exploration and production company operating primarily in the Appalachian area of the US. It also explores in the Mid- Continent, as well as in East Texas, and Mississippi. The company has proved reserves of 935 billion cu. ft. of natural gas equivalent, holds working interests in more than 2,800 gross wells, and sells mostly on the spot market. In a move to become a pure play oil and gas exploration and production company, in 2010 Penn Virginia sold its 23% stake in Penn Virginia GP Holdings, the largest shareholder of coal explorer and natural gas gathering and processing player Penn Virginia Resource Partners. Petro-Hunt, L.L.C. Dallas, TX United States Phone: (214) DUNS#: PRIVATE Oil and Gas Extraction (NAICS 21111); Crude Petroleum & Natural Gas (SIC 1311) The hunt for petroleum drives the Hunt family, which traces its oil interests back to legendary wildcatter H.L. Hunt. It controls Petro-Hunt, L.L.C. and Petro-Hunt International, L.L.C. (together known as the Petro- Hunt Group, one of the world s largest privately held independent energy concerns). Petro-Hunt, L.L.C. focuses on oil and gas exploration and production in the US. Petro-Hunt s other activities include gas processing (through Pursue Energy), pipeline transportation and refining. The company also controls Placid Refining Company, which operates a state-of-the-art 57,000 barrels-of-oil-per-day refinery in Louisiana. Questar Corporation Salt Lake City, UT United States Phone: (801) DUNS#: Annual Sales ($Mil): 1, PUBLIC, NYSE: STR Oil and Gas Extraction (NAICS 21111); Crude Petroleum & Natural Gas (SIC 1311) Questar is on a quest for natural gas -- finding it, producing it, and transporting, storing, and distributing it. The energy company operates through four major units. Its exploration activities are led by its Wexpro business. Public utility Questar Gas distributes natural gas to almost 900,000 customers in Utah, southwestern Wyoming, and southeastern Idaho. Questar Pipeline operates a 2,500-mile transportation system and gas storage facilities in Utah, Wyoming, and Colorado. In 2009 the company reported proved reserves of 2.7 trillion cu. ft. of natural gas equivalent. 10

13 Quicksilver Resources Inc. Fort Worth, TX United States Phone: (817) DUNS#: Annual Sales ($Mil): PUBLIC, NYSE: KWK With mercurial speed, Quicksilver Resources seeks to turn oil and gas finds into profits, primarily through acquiring the assets of rival oil and gas firms. The independent exploration and production company owns assets in Montana, Texas, and Wyoming, and in Alberta, Canada. In 2009 Quicksilver Resources reported proved reserves (located primarily in Texas and Alberta) of 2.4 trillion cu. ft. of natural gas equivalent. The company is recognized as a leading developer and producer of unconventional natural gas reserves, including coal bed methane, shale gas, and tight sand gas and has more than 500,000 net acres of owned leases. Red Willow Production Company Ignacio, CO United States Phone: (970) DUNS#: Annual Sales ($Mil): Crude petroleum and natural gas, nsk Resolute Energy Corporation Denver, CO United States Phone: (303) DUNS#: Annual Sales ($Mil): PUBLIC, NYSE: REN With determined resolve Resolute Energy searches for oil and gas. In 2009 the company reported net proved reserves of more than 64 million barrels of oil equivalent in Utah and Wyoming. The company s assets include about 380 active and 300 water and carbon dioxide injected wells on land in the Greater Aneth Field (its primary asset) in Utah. It shares ownership of the oil field with Navajo Nation Oil and Gas Company (NNOG), since the Aneth Field sits on reservation land. The field was discovered in 1956 and is considered mature and long-lived, making its operation less risky than newer, unproved fields. Expanding its reach, Resolute Energy acquired properties in Wyoming in 2008 and in North Dakota in resolutenaturalresources.com 11

14 Rosetta Resources Inc. Houston, TX United States Phone: (713) DUNS#: Annual Sales ($Mil): PUBLIC, NASDAQ: ROSE Oil and Gas Extraction (NAICS 21111); Crude Petroleum & Natural Gas (SIC 1311) Rosetta Resources is hoping that its hard work translates into oil and natural gas discoveries. The company, which basically comprises Calpine Corporation s former domestic oil and natural gas exploration business, primarily owns acreage in California, Colorado, Montana, New Mexico, Texas, and Wyoming. In 2009 the company reported estimated proved reserves of 351 billion cu. ft. of natural gas equivalent. Rosetta Resources is obligated by contract to about one-third of its production back to Calpine through Calpine accounted for 57% of Rosetta Resources revenues in The company s management is largely made up of former Calpine employees. Samson Oil and Gas Limited Perth, Australia Phone: DUNS#: Annual Sales ($Mil): PUBLIC, NYSE Amex: SSN Samson Oil and Gas has a strong feel for locating producing oil and gas properties in America. The Australia-based company acquires proved developed oil and gas leases, mainly in Wyoming but also in New Mexico, and Texas. It has four oil and gas properties, three of which are producing, and in 2008 reported proved reserves of 16.1 billion cu. ft. of natural gas equivalent. The company holds a working interest in its properties which are exploited by third parties. Samson Oil and Gas also does exploratory and developmental drilling, primarily in Wyoming s Green River Basin. Samson Resources Company Inc Benton, LA United States Phone: (318) DUNS#: Crude petroleum and natural gas, nsk Saxon Energy Services Inc. Calgary, AB Canada Phone: (403) DUNS#: PRIVATE Drilling Oil and Gas Wells (NAICS ); Drilling Oil & Gas Wells (SIC 1381) This Saxon might prefer Latino to Anglo as a better descriptor of markets it wants to conquer. Saxon Energy Services is a land-based drilling and well-servicing contractor focusing on markets outside Canada and the US. The company provides technology, equipment, and trained crews to oil and gas producers. Saxon Energy Services operates drilling rigs in Canada, Colombia, Ecuador, Mexico, Peru, the US, and Venezuela. In 2008 Saxon Energy was acquired by Sword Canada Acquisition Corporation, a company jointly owned by Schlumberger Limited and an investment fund affiliated with First Reserve Corporation. 12

15 Sinclair Oil Corporation Salt Lake City, UT United States Phone: (801) DUNS#: Annual Sales ($Mil): 6, PRIVATE Petroleum Refineries (NAICS ); Petroleum Refining (SIC 2911) Way out west, where fossils are found, brontosaur signs appear all round. They belong to Sinclair Oil s more than 2,600 service stations owned by independent operators in 21 western and midwestern US states. The company also operates two oil refineries, 1000 miles of pipelines, exploration operations, and a trucking fleet, all in the western US. It owns a 60,000-barrels-per-day refinery in Rawlins, Wyoming, and a 20,000-barrels-per-day unit in Casper, Wyoming. A diversified company, Sinclair also owns the Grand America Hotel, the Little America hotel chain, and two ski resorts (Sun Valley in Idaho and Snowbasin in Utah). The company is owned and led by R. Earl Holding. Slawson Exploration Co Inc Wichita, KS United States Phone: (316) DUNS#: Crude Petroleum and Natural Gas Extraction (NAICS ); (SIC ) Crude petroleum and natural gas, nsk SM Energy Company Denver, CO United States Phone: (303) DUNS#: Annual Sales ($Mil): 1, PUBLIC, NYSE: SM SM Energy (formerly St. Mary Land & Exploration) isn t afraid to travel. The oil and gas exploration and production company spreads its operations across the US: the Midcontinent, the ArkLaTex region and Gulf Coast, the Williston Basin in North Dakota and Montana, and the Permian Basin in West Texas and New Mexico. In 2009 the company posted estimated proved reserves of more than 772 billion cu. ft. of natural gas equivalent. In 2010 the company changed its corporate name to SM Energy from St. Mary Land & Exploration to reflect the company s growth from a local oil company whose only properties were in St. Mary Parish, Louisiana, to a national player. 13

16 Stetson Oil & Gas Ltd. Calgary, AB Canada Phone: (403) DUNS#: Annual Sales ($Mil): PUBLIC, TSX Venture: SSN Stetson Oil & Gas (formerly Arctos Petroleum) does more than tip its hat to the oil and gas industry. It explores for, develops, and produces oil and gas on properties in Alberta and Saskatchewan. In 2006 Stetson Oil & Gas had proved reserves of 15,000 barrels of oil and 83 million cu. ft. of natural gas. The company markets its natural gas on the Alberta spot market and through aggregators, which sell to major markets. In 2004 Camflo International and Spearhead Resources merged to become Arctos Petroleum. The company became Stetson Oil & Gas in In 2009 it acquired producing oil and gas properties in Western Canada from Longford Energy for about $425,000. Sundance Energy Corp Shongaloo, LA United States Phone: (318) DUNS#: Annual Sales ($Mil): Crude Petroleum and Natural Gas Extraction (NAICS ); (SIC ) Crude petroleum and natural gas, nsk Triangle Petroleum Corporation Denver, CO United States Phone: (303) DUNS#: Annual Sales ($Mil): PUBLIC, NYSE Amex: TPLM Triangle has double vision - oil and gas. The company s primary focus is on acquiring and developing territory in North Dakota s Williston Basin where it already holds 72,000 acres of unconventional shale oil reserves. The assets are unconventional because the ground must be injected with water and chemicals to release natural gas from the shale deposits, a process known as fracturing or fracking. In addition it holds about 413,000 acres in Nova Scotia with more traditional oil and natural gas drilling opportunities. Triangle, which operates through subsidiary Elmworth Energy Corporation, has no proved reserves. Ursa Resources Group LLC Houston, TX United States Phone: (713) DUNS#: Annual Sales ($Mil): Crude Petroleum and Natural Gas Extraction (NAICS ); (SIC ) Crude petroleum and natural gas, nsk 14

17 US Energy Markets, Inc. Houston, TX United States Phone: (281) DUNS#: PRIVATE Securities and Commodity Exchanges (NAICS ); (SIC 6231) US Energy Markets has energy to burn, and to sell. The trader sources, sells and delivers refined petroleum and crude oil worldwide. The company s website offers a live trading environment where buyers can request jet fuel, gasoline, diesel, or crude oil and specify delivery by tanker, truck, or pipeline. It works with customers banks to secure funding and create a smooth transaction. US Energy Markets suppliers include Gazprom, Saudi Aramco, Chevron, Motiva, Petrobras, Royal Dutch Shell, and others. Operating from about a dozen offices worldwide, the company also offers logistics and marketing services to producers and consumers. It is a subsidiary of Energy Management Services, LLC of Houston. Whiting Petroleum Corporation Denver, CO United States Phone: (303) DUNS#: Annual Sales ($Mil): 1, PUBLIC, NYSE: WLL Oil and Gas Extraction (NAICS 21111); Crude Petroleum & Natural Gas (SIC 1311) There s nothing fishy about what Whiting Petroleum is all about. The company engages in oil and natural gas exploration and production activities, mainly in the Gulf Coast, Michigan, and the mid-continent, Permian Basin, and Rocky Mountain regions. In 2009 it reported proved reserves of million barrels of oil and billion cu. ft. of natural gas. That year Whiting Petroleum operated about 3,720 net productive wells. It sells oil and gas production to end users, marketers, and other purchasers that have access to nearby pipeline facilities. Where there is no practical access to pipelines, oil is trucked to storage facilities. XTO Energy Inc. Fort Worth, TX United States Phone: (817) DUNS#: Annual Sales ($Mil): 9, SUBSIDIARY, NYSE: XTO Crude Petroleum and Natural Gas Extraction (NAICS ); Crude Petroleum & Natural Gas (SIC 1311) XTO Energy knows the X s and O s of a successful oil and gas strategy. It buys and develops mostly long-lived producing properties, and also explores unproved reserves. The independent s holdings are mainly in Arkansas, Kansas, Louisiana, New Mexico, Oklahoma, Texas, and the Rockies; it also has assets in Appalachia and the North Sea. XTO Energy owns interests in more than 34,650 gross wells and operates gas gathering systems primarily in Arkansas, Kansas, Oklahoma, and Texas. In 2009 it reported proved reserves of 12.5 trillion cu. ft. of natural gas, 284 million barrels of oil, and 93 million barrels of natural gas liquids. In 2010 the company was acquired by Exxon Mobil in a $41 billion deal. 15

18 EAGLE FORD E&P CONTACTS Sources: Names of the companies are taken from the Hart Eagle Ford Playbook. Information about the companies is from Hoover s. Energy Producers Anadarko Petroleum Corporation The Woodlands, TX Phone: DUNS#: Annual Sales ($Mil): 10, PUBLIC, NYSE: APC Crude Petroleum and Natural Gas Extraction (NAICS ); Crude Petroleum & Natural Gas (SIC 1311) Anadarko Petroleum has ventured beyond its original area of operation -- the Anadarko Basin -- to explore for, develop, produce, and market oil, natural gas, natural gas liquids, and related products worldwide. The large independent company has proved reserves of 1 billion barrels of crude oil and 7.8 trillion cu. ft. of natural gas, more than 89% of which are located in the US. Other activities include coal, trona, and mineral mining. Anadarko operates a handful of gas-gathering systems in the Mid-Continent. Internationally, the company has substantial oil and gas interests in Algeria, Brazil, China, Indonesia, Mozambique, and West Africa. Antares Energy Co Spring, TX Phone: DUNS#: Annual Sales ($Mil): Crude Petroleum and Natural Gas Extraction (NAICS ); (SIC ) Crude petroleum and natural gas, nsk Apache Corporation Houston, TX Phone: DUNS#: Annual Sales ($Mil): 12, PUBLIC, NYSE: APA Crude Petroleum and Natural Gas Extraction (NAICS ); Crude Petroleum & Natural Gas (SIC 1311) There s more than a patch of oil in Apache s portfolio. Apache is an oil and gas exploration and production company with onshore and offshore operations in North America and in Argentina, Australia, Egypt, and the UK (offshore in the North Sea). The company has estimated proved reserves of about 2.4 billion barrels of oil equivalent, mostly from five North American regions: the Gulf of Mexico, the Gulf Coast of Texas and Louisiana, the Permian Basin in West Texas, the Anadarko Basin in Oklahoma, and Canada s Western Sedimentary Basin. Of its international operations, Apache s assets in Egypt and the North Sea are the largest. Shell is Apache s largest customer, accounting for 18% of sales in

19 Aurora Oil & Gas Corporation Traverse City, MI Phone: PUBLIC Oil and Gas Extraction (NAICS 21111); Crude Petroleum & Natural Gas (SIC 1311) The drilling of oil and gas wells has an aura of profitability for independent Aurora Oil & Gas (formerly Cadence Resources), which has exploration and production projects primarily in Indiana, Kentucky, and Michigan. The company focuses on developing unconventional gas reservoirs such as black shales, coal seams, and tight sands, including the black shales of Michigan and Indiana. It has more than 1.2 million gross acres of undeveloped land. Aurora Oil & Gas has estimated net proved reserves of more than 166 billion cu. ft. of natural gas equivalent. Saddled by heavy debt, the company filed for Chapter 11 bankruptcy protection in Common Resources II, L.L.C. The Woodlands, TX Phone: DUNS#: Support Activities for Oil and Gas Operations (NAICS ); Oil & Gas Field Exploration Services (SIC 1382) Oil and gas exploration services Conoco In Houston Texas Manufacturing, Chemicals, Petrochemicals, Glass & Gases, Petrochemicals Conoco Inc., is an integrated, global energy company engaged in the exploration, development, production and sale of crude oil, natural gas and natural gas liquids (NGLs), as well as other energy-related activities. The Company has three operating segments: upstream, downstream and emerging businesses. The upstream operating segment s activities include exploring for, developing, producing and selling crude oil, natural gas and NGLs, and also include the Syncrude mining operations (Canadian Syncrude). Downstream operating segment activities include refining crude oil and other feedstocks. El Paso Corporation Houston Texas NYSE: EP Energy, Utilities & Waste Treatment, Electricity, Oil & Gas El Paso Corporation (El Paso) is an energy company, which operates in the natural gas transmission and exploration and production sectors of the energy industry. The Company owns or has interests in North America s interstate pipeline system, which has approximately 42,000 miles of pipe that connect North America s producing basins to its consuming markets. It also provides approximately 230 billion cubic feet (Bcf) of storage capacity and has a liquefied natural gas (LNG) receiving terminal and related facilities in Elba Island, Georgia with 933 million cubic feet (MMcf) of daily base load send out capacity. El Paso s exploration and production business is focused on the exploration for and the acquisition, development and production of natural gas, oil and natural gas liquids (NGL) in the United States, Brazil and Egypt. The Company operates in two business segments: Pipelines, and Exploration and Production. It also has Marketing and Power segments. (Source: 10-K) 2

20 EOG Resources, Inc. Houston, TX Phone: ) DUNS#: Annual Sales ($Mil): 6, PUBLIC, NYSE: EOG Oil and Gas Extraction (NAICS 21111); Crude Petroleum & Natural Gas (SIC 1311) EOG Resources hogs a resource -- natural gas. The independent oil and gas company is engaged in exploring for natural gas and crude oil and developing, producing, and marketing those resources. In 2009 EOG, an independent offspring of the once powerful Enron, reported estimated proved reserves of 10.8 trillion cu. ft. equivalent, including 8.9 trillion cu. ft. of natural gas reserves and 313 million barrels of crude oil, condensate, and natural gas liquid (NGL) reserves. The company operates in major production basins in Canada, offshore Trinidad, the US, the UK sector of the North Sea, and in China (Sichuan basin). Escondido Resources II, LLC Midland, TX Phone: DUNS#: Annual Sales ($Mil): Support Activities for Oil and Gas Operations (NAICS ); Oil & Gas Field Exploration Services (SIC 1382) Oil and gas exploration services Espada Operating LLC San Antonio, TX Phone: DUNS#: Annual Sales ($Mil): Support Activities for Oil and Gas Operations (NAICS ); Oil & Gas Field Exploration Services (SIC 1382) Oil and gas exploration services EV Energy Partners, L.P. Houston, TX Phone: ) DUNS#: Annual Sales ($Mil): PUBLIC, NASDAQ: EVEP Crude Petroleum and Natural Gas Extraction (NAICS ); Crude Petroleum & Natural Gas (SIC 1311) EV Energy Partners (the EV is from founding company EnerVest) is a natural gas and oil exploration and production company which operates in the Appalachian Basin, primarily in West Virginia and Ohio, as well as in Kansas, Louisiana, Michigan, Oklahoma, and Texas. In 2009 EV Energy Partners reported estimated proved reserves of 257 billion cu. ft. of natural gas, 7.4 million barrels of oil, and 10.7 million barrels of natural gas liquids. The company s base in the Appalachian Basin puts EV Energy Partners in close proximity to the nation s major consuming markets, allowing for stronger pricing power. The partnership focuses on acquiring and operating oil and gas properties in the continental US. 3

21 Exxon Mobil Corp Las Colinas Blvd. Irving, TX Phone: Fax: DUNS#: Petroleum Refineries (NAICS 32411); Petroleum Refining (SIC 2911) It s not necessarily the oil standard, but Exxon Mobil is the world s largest integrated oil company (ahead of Royal Dutch Shell and BP). Exxon Mobil engages in oil and gas exploration, production, supply, transportation, and marketing worldwide. In 2010 it reported proved reserves of 24.8 billion barrels of oil equivalent, as well as major holdings in oil sands through Imperial Oil. Exxon Mobil s 36 refineries in 20 countries have a throughput capacity of almost 6.3 million barrels per day. The company supplies refined products to more than 26,000 gas stations in 100 countries. Exxon Mobil is also a major petrochemical producer. Through ExxonMobil Chemical, the company develops and sells petrochemicals (including ethylene, propylene, and their derivatives, which make up the base of most other petrochemicals and plastics). Another unit mines coal and other minerals. Exxon Mobil also has stakes in electric power plants in China. Bouncing back from the global recession (which hammered commodity prices) in 2010 the company posted much higher revenues and income thanks to increased prices and greater demand for oil and gas. In a move to grow its upstream assets, in 2010 the company acquired XTO Energy. The $41 billion all stock deal added XTO Energy s unconventional natural gas production assets (45 trillion cu. ft. equivalent of shale gas, tight gas, coal bed methane, and shale oil). Adding to its shale holdings in the US, the company also purchased Ellora Energy in 2010 for $695 million. In 2011 it acquired Marcellus Shale gas producers Phillips Resources and TWP for $1.7 billion. With oil and gas holdings in Europe, the US, and eastern Canada, the company is looking for new opportunities in West Africa, both onshore and off; in South America, and in the former Soviet Union. In 2011 the company agreed to spend $1 billion in a joint venture with Rosneft to explore oil and gas fields in the Black Sea. It is also investing heavily in deepwater exploration (in water depths greater than 1,350 feet). In 2010, in response to the BP oil rig disaster in the Gulf of Mexico, Exxon Mobil announced it was joining forces with Chevron, Royal Dutch Shell, and ConocoPhillips to create a $1 billion rapid-response joint venture capable of capturing and containing some 100,000 barrels of oil in water depths of 10,000 feet. In 2011 the company reported a major oil find in the Gulf, with potentially 700 million barrels of recoverable oil equivalent. In response to market demand for cleaner fuels, in late 2008 Exxon Mobil announced it will invest more than $1 billion in three refineries (Baton Rouge, Louisiana; Baytown, Texas; and Antwerp, Belgium) to increase the supply of cleaner burning diesel by about six million gallons per day. In 2009 it made its first major investment in developing biofuels, agreeing to spend $600 million in an algae-to-fuel project with biotech firm Synthetic Genomics. Key Facts Doing Business As: EXXONMOBIL Company Type: PUBLIC Established/Ownership Chg: 1882 Location Type: HEADQUARTERS Subsidiary Status: Not a subsidiary 4

22 Service Providers: Accounting Firm: Pricewaterhousecoopers LLP Key Numbers (dollars in millions) FY2010: Sales: $383,221 Employees: 83,600 Employee Growth %: 3.59 FY2009: Sales: $310,586 Employees: 80,700 Employee Growth %: 1.00 FY2008: Sales: $477,359 Employees: 79,900 Employee Growth %: FY2007: Sales: $404,552 Employees: 80,800 Employee Growth %: FY2006: Sales: $377,635 Employees: 82,100 Employee Growth %: FY2005: Sales: $370,680 Employees: 83,700 Employee Growth %: R&D: $712 FY2004: Sales: $298,035 Employees: 85,900 Employee Growth %: FY2003: Sales: $246,738 Employees: 88,300 Employee Growth %: FY2002: Sales: $204,506 Employees: 92,500 Employee Growth %: R&D: $631 FY2001: Sales: $213,488 Employees: 97,900 Employee Growth %: R&D: $603 FY2000: Sales: $232,748 Employees: 123,000 R&D: $564 FY1999: Sales: $160,883 Employees: 123,000 R&D: $630 FY1988: Sales: $79,557 Employees: 101,000 Employee Growth %: FY1987: Sales: $76,416 Employees: 151,000 1Q2011: Sales: $114,004 4Q2010: Sales:$105,1863 Q2010: Sales:$95,298 2Q2010: Sales:$92,486 1Q2010: Sales: $90,251 4Q2009: Sales:$89,8413 Q2009: Sales:$82,260 2Q2009: Sales:$74,457 1Q2009: Sales:$64,028 Key People Rex Tillerson, Chairman and CEO (2010: age 58, base salary $2,207,000) Donald Humphreys, SVP, Treasurer and PFO (2010: age 63, base salary $1,085,000, total compensation $13,563,843) Mark Albers, SVP Robbi Luxbacher, General Manager Of Corporate Planning; Sales Director Craig Whitney, Attorney Charles James, Manager Finance Executive Sales Executive Tim Cejka, Disaster Recovery-manager Debbie White, Principal Michael Moran, Corporate Secretary; Process Engineer/design And Development Keith Lehtinen, Chemicals Corporate Audit Manager Mary Meagher, Human Resources Manager Jeff Warner, Analyst Craig Latiolais, Director, Market Development And Global Markets Tim Bolton, Technical Manager John Chomiak, Vice President/manager/director Sourabh Dash, Senior Engineer Leon Kamen, Consultant Bill Sessions, Top Executive Of Training & Development Rod Sturgeon, Property Tax Manager Susan Heath, Meeting Planner Vivian Wu, Global Travel Acquisitions Manager R Baird, Engineer 5

23 Kaz Tamura, Exxonmobil Development Key Competitors (sales in millions) BHP Billiton Limited - Sales: $52,798, Melbourne, Australia PETRÓLEO BRASILEIRO S.A. - PETROBRAS - Sales: $120,052, Rio de Janeiro, Brazil TOTAL S.A. - Sales: $186, , Courbevoie,France Eni S.p.A. - Sales: $131, , Rome, Italy JX Holdings, Inc. - Sales: $116, , Tokyo, Japan Petróleos Mexicanos - Sales: $83, , México, D.F., Mexico Norsk Hydro ASA - Sales: $12, , Oslo, Norway Saudi Arabian Oil Co. - Sales: $153,000, Dhahran, Saudi Arabia Repsol YPF, S.A. - Madrid,Spain Royal Dutch Shell plc - Sales: $378,152, The Hague, The Netherlands BP p.l.c. - Sales: $302,545, London, United Kingdom ConocoPhillips - Sales: $198,655, Houston, TX Chevron Corporation - Sales: $204,928, San Ramon, CA Marathon Oil Corporation - Sales: $73,621, Houston, TX 7-Eleven, Inc. - Dallas, TX RaceTrac Petroleum, Inc. - Sales: $4,700, Atlanta, GA Koch Industries, Inc. - Wichita, KS Huntsman International LLC - Sales: $9,250, Salt Lake City, UT Costco Wholesale Corporation - Sales: $77,946, Issaquah, WA Eastman Chemical Company - Sales: $5,842, Kingsport, TN Valero Energy Corporation - Sales: $82,233, San Antonio, TX Sunoco, Inc. - Sales: $37,489, Philadelphia, PA Occidental Petroleum Corporation - Sales: $19,157, Los Angeles, CA E. I. du Pont de Nemours and Company - Sales: $32,733, Wilmington, DE The Dow Chemical Company - Sales: $53,674, Midland, MI Ashland Inc. - Sales: $9,012, Covington, KY Hess Corporation - Sales: $34,613, New York, NY Petróleos de Venezuela S.A. - Sales: $74.996, Caracas, Venezuela Hilcorp Energy Company Houston, TX Phone: DUNS#: PRIVATE Come and listen to a story bout a man named Jed... Ok, his name is Jeff but the story still ends with oil, black gold, Texas tea. And first thing you know, ol Jeff s a billionaire. Hilcorp Energy, an oil and natural gas exploration and production company founded in 1989 by Jeffrey Hildebrand, is one of the nation s largest privately held energy companies. It employs the latest technology to extract oil and gas from mature fields, primarily on the Gulf Coast and in Wyoming s Powder River Basin, that have been abandoned by other operators. The company pumps about 25 million barrels of oil and natural gas equivalent annually. 6

24 Laredo Energy Houston Texas Energy, Utilities & Waste Treatment, Electricity, Oil & Gas Laredo Energy was founded in October 2001 to acquire and develop natural gas reserves in South Texas. Currently, we are in the process of acquiring leases and drilling wells based on approximately 1,100 square miles of 3-D seismic data. Our current acreage position is approximately 22,000 gross acres. Additionally, we are continuing to lease mineral rights from local landowners. We also plan to pursue large producing property acquisitions as they become available. Primarily our acquisitions and leases are in Webb and Zapata Counties, two of the leading natural gas producing counties in Texas. Extending throughout these counties is the Lobo Wilcox Trend, one of the largest gas producing regions in the United States. This play has produced more than 6.4 Tcf gas equivalent from more than 4,200 completions. We are a significant taxpayer in Webb and Zapata Counties and we hire dozens of local contractors with hundreds of employees working on Laredo Energy projects. We also generate significant revenue for local landowners with whom we have natural gas leasing agreements. Since its inception in 2001, Laredo Energy has drilled 82 wells in Webb and Zapata Counties, and continues to drill 20 to 30 wells per year. Laredo Energy Management consists of: Glenn Hart, Jerry Holditch, Ken Cravens, Doug Fogle, Robert Swanson, Scott Stevenson, Doug Kaiser, Jim Flowers, Steve Jaques and Paul Thompson. South Texas is a great place to have a natural gas business, particularly in Webb and Zapata Counties. We look forward to continuing to grow Laredo Energy in this vibrant area for many years to come. Lewis Energy Group, L.P. Houston, TX Phone: DUNS#: Offices of Other Holding Companies (NAICS ); (SIC ) Holding companies, nec, nsk Modern Exploration, Inc. Sherman, TX Phone: DUNS#: Crude Petroleum and Natural Gas Extraction (NAICS ); (SIC ) Crude petroleum and natural gas, nsk Murphy Oil Corporation El Dorado, AR Phone: DUNS#: Annual Sales ($Mil): 23, PUBLIC, NYSE: MUR Murphy s Law? Turn that oil into money. Murphy Oil explores for and produces oil and gas -- primarily in the US, but also in Canada, Malaysia, and the UK, and is a major refiner and marketer. It has proved reserves of about 184 million barrels of oil, about 130 million barrels of synthetic oil, and 755 billion cu. ft. of natural gas. Murphy Oil owns pipelines and two refineries in the US; it also owns a UK refinery. It sells refined products through more than 1,000 Murphy Oil USA gas stations. Most of these US retail stations are located in the parking lots of Wal-Mart stores, although the company also operates stand-alone Murphy Express stations. Murphy Oil also serves 121 branded wholesale SPUR stations. 7

25 Newfield Exploration Company Houston Texas NYSE: NFX Energy, Utilities & Waste Treatment, Electricity, Oil & Gas, Manufacturing, Chemicals, Petrochemicals, Glass & Gases, Petrochemicals Newfield Exploration Company is an independent oil and gas company engaged in the exploration, development and acquisition of natural gas and crude oil properties. The Company s areas of operation include the Anadarko and Arkoma Basins of the Mid-Continent, the Rocky Mountains, onshore Texas and the Gulf of Mexico. During the year ended December 31, 2008, the Company had proved reserves of 2.95 trillion cubic feet equivalents (Tcfe). Those reserves were 72% natural gas and 62% proved developed. (Source: 10-K) Petrohawk Energy Corporation Houston, TX Phone: DUNS#: Annual Sales ($Mil): 1, PUBLIC, NYSE: HK Petrohawk Energy (formerly Beta Oil & Gas) is riding rising oil prices to higher profits. The independent company s activities include the exploration, development, and production of crude oil and natural gas in the Anadarko, Arkoma, East Texas/North Louisiana, Gulf Coast, Permian Basin, and South Texas regions. Petrohawk Energy has estimated proved reserves of about 2.8 trillion cu. ft. of natural gas equivalent. The company is concentrating its efforts on developing key shale plays, including the Haynesville Shale, the Lower Bossier Shale, and the Eagle Ford Shale. Pioneer Natural Resources Company Irving, TX Phone: DUNS#: Annual Sales ($Mil): 2, PUBLIC, NYSE: PXD Oil and gas explorer Pioneer Natural Resources frontier is not in the Western prairies, but below them, and below the Rocky Mountains, the Midcontinent, West Texas, South Texas, and elsewhere. The large independent exploration and production company reported proved reserves of million barrels of oil equivalent in The vast majority of the company s reserves are found within the US (including in Alaska, where the company was the first independent explorer to produce from a North Slope oilfield), but Pioneer also explores for and produces oil and gas in South Africa. 8

26 Rosetta Resources Inc. Houston, TX Phone: DUNS#: Annual Sales ($Mil): PUBLIC, NASDAQ: ROSE Oil and Gas Extraction (NAICS 21111); Crude Petroleum & Natural Gas (SIC 1311) Rosetta Resources is hoping that its hard work translates into oil and natural gas discoveries. The company, which basically comprises Calpine Corporation s former domestic oil and natural gas exploration business, primarily owns acreage in California, Colorado, Montana, New Mexico, Texas, and Wyoming. In 2009 the company reported estimated proved reserves of 351 billion cu. ft. of natural gas equivalent. Rosetta Resources is obligated by contract to about one-third of its production back to Calpine through Calpine accounted for 57% of Rosetta Resources revenues in The company s management is largely made up of former Calpine employees. St. Mary Land & Exploration Company Shreveport, LA Branch (phone: ) DUNS#: Crude Petroleum and Natural Gas Extraction (NAICS ); (SIC ) Crude petroleum and natural gas, nsk Texon Petroleum Ltd Brisbane Queensland Australia Energy, Utilities & Waste Treatment, Oil & Gas Exploration & Services, Petrochemicals Texon Petroleum Ltd is engaged in the exploration for, development and production of oil and gas in the Texas Gulf Coast area of the United States. As of December 31, 2008, the Company had seven pducing wells, the Leighton oil and gas discovery with its 20 potential development wells, 13 prospects leased and ready to drill and 19 prospects which have been identified where availability of leases is being checked. The Company s business is engaged in petroleum exploration and production industry. (Source: ARS) Tidal Petroleum, Inc Schertz, TX Phone: DUNS#: Annual Sales ($Mil): Crude Petroleum and Natural Gas Extraction (NAICS ); (SIC ) Crude petroleum and natural gas, nsk 9

27 Vanguard Natural Resources, LLC Houston, TX Phone: DUNS#: Annual Sales ($Mil): PUBLIC, NYSE: VNR Vanguard Natural Resources is at the forefront of oil and gas exploration in he Appalachian Basin, the Permian Basin, and South Texas, acquiring and developing oil and gas properties in these region. In 2009 Vanguard Natural Resources reported estimated proved reserves of billion cu. ft. of natural gas equivalent and an interest in 1,185 net and more than 2,000 gross productive wells. The company also owns a 40% working interest in some 109,500 acres in Appalachia. Vinland Energy Eastern owns the remaining 60% working interest of the acreage. 10

28 Marcellus E&P CoNTACTS Sources: Names of the companies are taken from the Hart Marcellus Playbook. Information about the companies is from Hoover s. Energy Producers Admiral Bay Resources Inc South Tucson Way Suite B Centennial, Colorado Phone: (303) Fax: (303) Admiral Bay Resources Inc. (Admiral Bay) is an unconventional gas production company focused on development of projects in the Cherokee Basin in southeastern Kansas and the Appalachian Basin in Pennsylvania. Five of the Company s six projects lie in the Cherokee Basin. As of January 7, 2007, Admiral Bay held a 100% working interest in all of its projects. The Company is the operator of all six projects. The Shiloh Project targets both Pennsylvanian coals and shales, and conventional sandstone reservoirs of the Cherokee Group. The Mound Valley coal bed methane (CBM) Project consists of approximately 37,000 net acres. As of January 7, 2007, it had drilled and completed more than 40 CBM wells on the over 47,000-acre Devon Project. The Swordfish Project is a conventional oil and gas and CBM project located in the Chautauqua County, Kansas, covering 34,000 net acres. The Santa Rita Project, located in Greenwood County, Kansas, covers 13,400 acres. The Revloc Project covers 17,800 net acres Anadarko Petroleum Corporation The Woodlands, TX Phone: DUNS#: Annual Sales ($Mil): 10, PUBLIC, NYSE: APC Anadarko Petroleum has ventured beyond its original area of operation -- the Anadarko Basin -- to explore for, develop, produce, and market oil, natural gas, natural gas liquids, and related products worldwide. The large independent company has proved reserves of 1 billion barrels of crude oil and 7.8 trillion cu. ft. of natural gas, more than 89% of which are located in the US. Other activities include coal, trona, and mineral mining. Anadarko operates a handful of gas-gathering systems in the Mid-Continent. Internationally, the company has substantial oil and gas interests in Algeria, Brazil, China, Indonesia, Mozambique, and West Africa. Antero Resources Corporation Denver, CO Phone: DUNS#: Support Activities for Oil and Gas Operations (NAICS ); Oil & Gas Field Exploration Services (SIC 1382) Oil and gas exploration services 1

29 Atlas Energy Resources, LLC Moon Township, PA Phone: Annual Sales ($Mil): SUBSIDIARY Support Activities for Oil and Gas Operations (NAICS ); Oil & Gas Field Services, Nec (SIC 1389) Atlas Energy Resources is mapping out a natural gas future. The company drills for and produces natural gas and oil in the Appalachian Basin and other areas where it focuses on developing shale plays (low-risk natural gas basins). It has nearly 11,000 wells on more than 512,000 net developed acres. The company also has more than 785,770 net undeveloped acres. In 2008 Atlas Energy Resources reported proved reserves of 1 billion cu. ft. of natural gas equivalent, 63% of which is in Michigan and Indiana. Parent Atlas Energy, in a move to consolidate its operations, acquired Atlas Energy Resources in Cabot Oil & Gas Corporation Houston, TX Phone: DUNS#: Annual Sales ($Mil): PUBLIC, NYSE: COG Like a cog on a gear in a well-oiled machine, Cabot Oil & Gas (ticker symbol: COG) has engaged in the oil industry very efficiently. Cabot explores for and produces primarily natural gas (and some oil), and it sells gas to industrial customers, local utilities, and gas marketers. It has estimated proved reserves of about 2.1 trillion cu. ft. of natural gas equivalent. Major areas of operation include Appalachia, the Anadarko Basin (Kansas, Oklahoma, and Texas), the Rocky Mountains (Wyoming), and the Texas and Louisiana Gulf Coast. In 2009 it was operating almost 4,800 net wells and has about 2.9 million gross acres of undeveloped assets. Carrizo Oil & Gas, Inc. Houston, TX Phone: DUNS#: Annual Sales ($Mil): PUBLIC, NASDAQ: CRZO Carrizo Oil & Gas sees its future in 3-D. An independent exploration and production company that explores for oil and gas in the Barrett Shale play of North Texas, and in proven onshore fields along the Gulf Coast of Texas and Louisiana, Carrizo aggressively acquires 3-D seismic data and arranges land lease options in conjunction with conducting seismic surveys. As part of a new strategy, the company is exploiting the Marcellus Shale play (New York, Pennsylvania, West Virginia and Virginia). Carrizo has additional properties in the Rockies, Alabama, Arkansas, Kentucky, New Mexico, and in the North Sea. In 2009 the firm reported proved reserves of billion cu. ft. of natural gas equivalent. 2

30 Chesapeake Energy Corporation 6100 N. Western Ave. Oklahoma City, OK Phone: Fax: Chesapeake Energy knows the peaks and valleys of the oil and gas business. The exploration and production company (named after the childhood Chesapeake Bay haunts of a founder) builds natural gas reserves through the acquisition and development of oil and gas assets across the US. In 2010 the Mid-continent region accounted for more than a quarter of the company s estimated proved reserves of 17.1 trillion cu. ft. of natural gas equivalent, but Chesapeake also has assets along the Gulf Coast, in Appalachia, and the Ark- La-Tex region. In 2010 the company had more than 22,600 producing oil and natural gas wells that produced 1,035 billion cu. ft. of natural gas equivalent per day, 89% of which was natural gas. Chesapeake is one of the top drillers of natural gas wells in the US, with drilling projects in Arkansas, Kansas, Louisiana, New Mexico, Oklahoma, and Texas. The company operates about 160 drilling rigs. A national leader in deep vertical and horizontal drilling, Chesapeake is concentrating on growing its proved reserves through acquisitions. It is also seeking to save costs by owning and operating its own equipment. In 2010 Chesapeake began shifting its strategy from capturing new drilling inventory to stepping up its program to convert what had been inactive fields into developed producing reserves. Utilizing horizontal drilling technology combined with hydraulic fracturing and 3-D seismic information, the company plans to increase production in wells that had previously thought to be tapped out. Facing a deepening economic valley as oil prices began to slump, in 2008 the company moved to cut the costs of exploiting its shale assets by selling some of these properties to joint venture partners. In this regard Chesapeake sold 90,000 net acres of natural gas assets in the Arkoma Basin Woodford Shale play for $1.7 billion to BP. It subsequently sold a 25% stake in its Fayetteville Shale assets in Arkansas to BP for $1.9 billion. In 2009 Chesapeake formed a joint venture with Global Infrastructure Partners to operate natural gas midstream assets. And in early 2010 it also sold 25% of Barnett Shale properties to TOTAL, forming a $2.25 billion joint venture with that company. It also agreed to sell a 33% stake in its shale play in south Texas to CNOOC for $1.1 billion. Chesapeake sold its assets in the Permian Basin of West Texas and southeast New Mexico to Riverstone Holdings in Riverstone manages a group of energy-focused private equity funds. These moves plus a rebounding global economy and higher commodity prices helped the company to post robust revenues and net income in Looking to raise cash for future investments, in 2011 Chesapeake decided to sell all of its Fayetteville Shale assets to BHP Billiton unit BHP Billiton Petroleum for about $4.8 billion. It also announced plans to sell its stakes in Frac Tech Holdings and Chaparral Energy. As part of its strategy to reduce costs by having more ownership of the rigs it uses to drill its wells, in 2011 the company agreed to buy Bronco Drilling (which owns 22 rigs) for $315 million. Chesapeake will integrate Bronco s assets into its Nomac Drilling subsidiary (95 rigs). 3

31 Key Facts Company Type: PUBLIC Established/Ownership Chg: 1989 Location Type: HEADQUARTERS Service Providers: Accounting Firm: Pricewaterhousecoopers LLP Key Financials (dollars in millions) Market Value: , $19, Assets: FY2010, $37,179 Sales Growth %: Net Income: $1,774 Key Numbers (dollars in millions) FY2010: Sales: $9,366 Employees: 10,000 Employee Growth %: FY2009: Sales: $7,702 Employees: 8,200 Employee Growth %: 7.89 FY2008: Sales: $11,629 Employees: 7,600 Employee Growth %: FY2007: Sales: $7,800 Employees: 6,200 Employee Growth %: FY2006: Sales: $7, Employees: 4,900 Employee Growth %: FY2005: Sales: $4, Employees: 2,885 Employee Growth %: FY2004: Sales: $2, Employees: 1,718 Employee Growth %: FY2003: Sales: $1, Employees: 1,192 Employee Growth %: FY2002: Sales: $ Employees: 866 Employee Growth %: FY2001: Sales: $ Employees: 677 Employee Growth %: FY2000: Sales: $ Employees: 462 Employee Growth %: 8.96 FY1999: Sales: $ Employees: 424 1Q2011: Sales: $1,612 4Q2010: Sales:$1,975 3Q2010:Sales: $2,581 2Q2010:Sales:$2,012 1Q2010:Sales:$2,798 4Q2009: Sales:$2,222 3Q2009:Sales: $1,811 2Q2009:Sales:$1,673 1Q2009:Sales$1,995 Key People Aubrey McClendon, Chairman and CEO (2010: age 51, base salary $975,000, total compensation $21,044,952) Steven Dixon, EVP Operations and Geosciences and COO (2010: age 52, base salary $860,000, total compensation $10,421,294) Domenic Dell Osso, EVP and CFO (2010: age 34, base salary $353,385, total compensation $2,509,059) Ronnie Ward, Vice President Land Northern Division Ted Campbell, Geologist; President Pam Koscinski, Director, Well Records Tim Newville, Asset Manager-gulf Of Mexico Jonathan Smith, Director Of Information Technology Services; Manager, E And P Systems Erin Lennart, Legal Department Receptionist Traci Cook, Vice President Division Controller Corporate/tax John Sharp, Geologist Cara Jackson, In House Recruiter Jennifer Kraszewski, Manager-employment Linda Gardner, Executive Assis; Executive Assistant; Vice President Information Technology Sam Bedri, Senior Systems Engineet Mark Evans, Accounting Manager John Carter, Drilling Superintendent Carlos Evans, Gas Supply Representative Chris Royse, Trainer Field Clients 4

32 Monty Mayfield, Attorney Melanie Renfrow, Midstream Accounting Coordinator Mercedes Bolen, Public Affairs Coordinator Dan Hensley, Engineer Key Competitors (sales in millions) BP p.l.c. - Sales: $302,545, London, United Kingdom Bonanza Creek Energy, Inc. - Denver, CO SandRidge Energy, Inc. - Sales: $ , Oklahoma City, OK Plains Company - Sales: $1, , Houston, TX ConocoPhillips - Sales: $198,655, Houston, TX Chevron Corporation - Sales: $204,928, San Ramon, CA Brigham Exploration Company - Sales: $ , Austin, TX Delta Petroleum Corporation - Sales: $ , Denver, CO Pioneer Natural Resources Company - Sales: $2, , Irving, TX Koch Industries, Inc. - Wichita, KS Patterson-UTI Energy, Inc. - Sales: $1, , Houston, TX Pride International, Inc. - Sales: $1, , Houston, TX Forest Oil Corporation - Sales: $ , Denver, CO Adams Resources & Energy, Inc. - Sales: $2, , Houston, TX Unit Corporation - Sales: $ , Tulsa, OK Southwestern Energy Company - Sales: $2, , Houston, TX OGE Energy Corp. - Sales: $3, , Oklahoma City, OK Occidental Petroleum Corporation - Sales: $19,157, Los Angeles, CA Noble Energy, Inc. - Sales: $3,022, Houston, TX Exxon Mobil Corporation - Sales: $383,221, Irving, TX Ashland Inc. - Sales: $9,012, Covington, KY Apache Corporation - Sales: $12,092, Houston, Anadarko Petroleum Corporation- Sales: $10,984, The Woodlands, TX Chief Oil & Gas LLC Montoursville, PA Phone: DUNS#: Crude petroleum and natural gas, nsk CNX Gas Corporation Canonsburg, PA Phone: DUNS#: Annual Sales ($Mil): SUBSIDIARY, NYSE: CXG Crude Petroleum and Natural Gas Extraction (NAICS ); (SIC 4925) CNX Gas may sound like a product for riot control, but it is in fact a company that produces a more innocuous, but valuable, commodity. A subsidiary of CONSOL Energy, CNX Gas is one of the most productive coalbed methane gas (CBM) producers in the US. Through its properties in the Appalachian Basin (primarily in Pennsylvania, Tennessee, Virginia, and West Virginia), CNX Gas produces more than 94 billion cu. ft. of gas per year. Almost 20% of its 2009 gas production was derived in conjunction with CONSOL Energy s coal mining activity. In 2009 the company had proved reserves of 1.9 trillion cu. ft. of natural gas equivalent. 5

33 East Resources Inc 51 W Main St Allegany, New York Phone: (716) Fax: (716) Manufacturing, Chemicals, Petrochemicals, Glass & Gases, Petrochemicals East Resources, Inc. (East), was established as a Pennsylvania Corporation in Today, the company has offices in Warrendale, Pennsylvania, Parkersburg, West Virginia, Allegany, New York, and Denver, Colorado and operates as an independent oil and gas producer in Pennsylvania, West Virginia, New York, and Colorado employing approximately 205 office and field personnel. The company s first operating properties were drilled in 1984 in Warren and Indiana Counties, PA. Several key acquisitions of both acreage and producing properties led East to expand its operations into McKean County, PA, and West Virginia, most notably its acquisition of certain Pennzoil assets in the Appalachian Basin in With five current waterflood projects as a part of its over two thousand active wells, East is the largest oil producer in the Appalachian Basin, producing 3,500 barrels of oil daily. East is one of the basin s most active exploration and production companies and expects to drill over 300 wells in The company is an aggressive land and leasing company and currently holds approximately 1,000,000 acres of oil and gas rights in the Appalachian Basin. East, along with industry partners, is one of the most active explorers for deep Appalachian gas reserves in the Ordovician Black River gas play of south central New York. East was responsible for the discovery of three separate fields in the Watkins Glen area and had acquired over 250,000 acres of leasehold rights in the play by East sold its interests in these producing fields and nearby acreage in late 2002, but remains active in the play, exploring acreage retained after the sale. The company has been credited with the discovery of five new fields since 2002 in the Elmira, New York area and continues to actively develop its acreage position, now estimated at nearly 75,000 acres. East is also an owner of Northern Pipeline Company, LLC. Northern Pipeline Company owns approximately 400 miles of gathering lines which stretch from the Butler-Clarion County, PA line north to the New York state line, traveling through Clarion, Forest, McKean, Venango and Warren Counties. East also owns approximately 100 miles of gathering lines from the Butler / Clarion County line south through the Pittsburgh area to the Pennsylvania-West Virginia border, plus 60 miles of gathering lines in Lancaster, Chester, and Delaware Counties, PA. The pipelines have been critical in marketing East s production and carry ever-increasing volumes of gas as other operator s begin to utilize the system s capacity. East is an owner in two natural gas processing facilities in Northern Pennsylvania, currently capable of processing over 20.0 million cubic feet of gas daily for itself and other producers. East s West Virginia operations include a 5,200-customer public natural gas utility, serving homes and businesses all over the state. East currently utilizes over 1,000 miles of gathering and utility lines to both serve these customers and gather its other gas production. In early 2004, East opened an exploration office in Denver, Colorado. The company successfully participated in three U.S. Bureau of Land Management lease sales in Colorado and Utah in 2004, and along with other key private acreage acquisitions, has leased nearly 175,000 acres of prospective oil and gas properties in the Greater Rocky Mountain Region. East began its first exploratory drilling play in Wyoming in July, Eastern American Energy Corporation Glenville, WV Phone: DUNS#: Crude petroleum and natural gas, nsk 6

34 Energy Corporation of America Charleston, WV Phone: DUNS#: PRIVATE Oil and Gas Extraction (NAICS 21111); Crude Petroleum & Natural Gas (SIC 1311) Natural gas is the America-based energy that fuels the financial engine of Energy Corporation of America (ECA). The company is an exploration and production independent focused on gas exploration in the Rockies, the Appalachian Basin, in Texas, and in New Zealand. ECA holds stakes in 5,000 wells, 5,000 miles of pipeline, and 1 million acres of properties across North America. In New Zealand it owns about 1.6 million acres. One of the largest natural gas operators in the Appalachian Basin, the company has been active in the region for more than 45 years and has more than 10,000 drilling locations there. Enervest, Ltd. Houston, TX Phone: DUNS#: Crude Petroleum and Natural Gas Extraction (NAICS ); (SIC ) Crude petroleum and natural gas, nsk EOG Resources, Inc. Houston, TX Phone: DUNS#: Annual Sales ($Mil): 6, PUBLIC, NYSE: EOG Oil and Gas Extraction (NAICS 21111); Crude Petroleum & Natural Gas (SIC 1311) EOG Resources hogs a resource -- natural gas. The independent oil and gas company is engaged in exploring for natural gas and crude oil and developing, producing, and marketing those resources. In 2009 EOG, an independent offspring of the once powerful Enron, reported estimated proved reserves of 10.8 trillion cu. ft. equivalent, including 8.9 trillion cu. ft. of natural gas reserves and 313 million barrels of crude oil, condensate, and natural gas liquid (NGL) reserves. The company operates in major production basins in Canada, offshore Trinidad, the US, the UK sector of the North Sea, and in China (Sichuan basin). EXCO Resources, Inc. Dallas, TX Phone: DUNS#: Annual Sales ($Mil): PUBLIC, NYSE: XCO Crude Petroleum and Natural Gas Extraction (NAICS ); Crude Petroleum & Natural Gas (SIC 1311) EXCO Resources puts extra effort into oil and gas exploration and production operations in Colorado, Ohio, Oklahoma, Louisiana, Pennsylvania, Texas, and West Virginia. In 2009 the oil and gas explorer reported proved reserves of 1 trillion cu. ft. of natural gas equivalent. EXCO holds stakes in more than 7,840 gross wells. The company pursuing a strategy of growth through the drill bit coupled with selective acquisitions. It is looking to shape its future growth by focusing of developing its shale plays (such as Haynesville and Marcellus, increasingly accessible thanks to new drilling technologies) with the help of joint venture partners, and on expanding its midstream assets. 7

35 Infinity Energy Resources, Inc. Overland Park, KS Phone: DUNS#: Annual Sales ($Mil): 520, PUBLIC, Pink Sheets: IFNY Oil and Gas Extraction (NAICS 21111); Crude Petroleum & Natural Gas (SIC 1311) Maybe nothing lasts forever, but Infinity Energy Resources hopes that US demand for fossil fuels won t go away for a long, long time. The company focuses its oil exploration and production operations in the Fort Worth Basin of Texas, in the Rocky Mountain region in the Greater Green River Basin in Wyoming, and the Sand Wash and Piceance Basins in Colorado. It is also pursuing an opportunity in offshore Nicaragua. The company has proved reserves of 7.8 billion cu. ft. of natural gas equivalent. Infinity Energy Resources has exited the oil services business. J-W Operating Company Wright Brothers Drive Addison, Texas Phone: (972) Fax: (972) J-W Operating Company is a privately-held energy company composed of five primary business lines specializing in Energy Services and Energy Development. J-W Operating Company has over 1800 employees located in over 100 offices throughout the mid-continent area. Headquartered in Addison, TX with regional offices in Arkansas, Texas, Colorado, Oklahoma, Louisiana, Kansas, Utah, North Dakota, New Mexico, West Virginia and Wyoming, the company is active in many phases of the oil and gas industry. Marathon Oil Corporation Houston Texas NYSE: MRO Manufacturing, Chemicals, Petrochemicals, Glass & Gases, Petrochemicals, Electricity, Oil & Gas Marathon Oil Corporation is engaged in exploration, development and production activities in ten countries: United States, Angola, Canada, Equatorial Guinea, Gabon, Indonesia, Ireland, Libya, Norway and the United Kingdom. The Company s operations consist of four segments: exploration and production, oil sands mining, refining, marketing and transportation and integrated gas. Exploration and production explores for, produces and markets liquid hydrocarbons and natural gas. Oil sands mining mines, extracts and transports bitumen from oil sands deposits and upgrades the bitumen to produce and market synthetic crude oil and by-products. Refining, marketing and transportation, refines, markets and transports crude oil and petroleum products. Integrated gas, markets and transports products manufactured from natural gas, such as liquefied natural gas and methanol. Its wholly owned subsidiary include Speedway SuperAmerica LLC and Western Oil Sands Inc. (Western), Marathon Pipe Line LLC (MPL). (Source: 10-K) 8

36 National Fuel Gas Company Williamsville, NY Phone: ) DUNS#: Annual Sales ($Mil): 1, PUBLIC, NYSE: NFG Natural Gas Distribution (NAICS ); Natural Gas Transmisison & Distribution (SIC 4923) National Fuel Gas doesn t cover the nation, but it does touch all the bases in its industry: The company explores for, produces, stores, transmits, and distributes natural gas. The diversified energy concern s public utility, National Fuel Gas Distribution (almost half of the company s annual sales) distributes gas to more than 732,000 customers in New York and Pennsylvania. National Fuel Gas has gas exploration, production, storage, and transportation units; it also engages in energy marketing, timber processing, and independent power activities. In 2010 oil and gas subsidiary Seneca Resources reported proved reserves of billion cu. ft. of natural gas and 45.2 million barrels of oil. Norse Energy Corp USA Seven Fields, PA Phone: ) DUNS#: Crude Petroleum and Natural Gas Extraction (NAICS ); (SIC ) Crude petroleum and natural gas, nsk Northern Oil and Gas, Inc. Wayzata, MN Phone: DUNS#: Annual Sales ($Mil): PUBLIC, NYSE Amex: NOG It wouldn t be crude to say that living up north is a gas for this company. Northern Oil and Gas explores for and produces oil and natural gas on properties in the northern US. The company keeps overhead and risk down by purchasing minority, or non-operating, interests in producing oil and gas projects. With leaseholds on more than 151,000 acres in the Bakken and Three Forks oil and gas fields in North Dakota and Montana, the company has developed 15% of its property. That development has yielded proved and probable reserves of nearly 16 million barrels of oil equivalent (BOE), almost all of it crude. Northern Oil and Gas was formed in Penneco Oil Company, Inc. Delmont, PA Phone: DUNS#: Drilling Oil and Gas Wells (NAICS ); Drilling Oil & Gas Wells (SIC 1381) Drilling oil and gas wells, nsk 9

37 Penn Virginia Corporation Radnor, PA Phone: ) DUNS#: Annual Sales ($Mil): PUBLIC, NYSE: PVA Oil and Gas Extraction (NAICS 21111); Crude Petroleum & Natural Gas (SIC 1311) Incorporated in Virginia and based in Pennsylvania, Penn Virginia is an oil and gas exploration and production company operating primarily in the Appalachian area of the US. It also explores in the Mid- Continent, as well as in East Texas, and Mississippi. The company has proved reserves of 935 billion cu. ft. of natural gas equivalent, holds working interests in more than 2,800 gross wells, and sells mostly on the spot market. In a move to become a pure play oil and gas exploration and production company, in 2010 Penn Virginia sold its 23% stake in Penn Virginia GP Holdings, the largest shareholder of coal explorer and natural gas gathering and processing player Penn Virginia Resource Partners. Petroleum Development Corporation Denver, CO Phone: DUNS#: Annual Sales ($Mil): PUBLIC, NASDAQ: PETD The hills are alive with opportunity for Petroleum Development, which explores for and produces natural gas (and some oil) in the Rocky Mountains and the Appalachian Basin; the independent also has operations in the Permian Basin. The company (which does business as PDC Energy) owns interests in more than 5,000 wells and in 2010 reported net proved reserves of billion cu. ft. of natural gas equivalent. Subsidiary Riley Natural Gas markets natural gas for the company and others in Appalachia. PDC Energy had drilled and operated wells for its partners, but has exited this low-revenue contract drilling business in order to focus on its core exploration and production operations. Questar Corporation Salt Lake City, UT Phone: ) DUNS#: Annual Sales ($Mil): 1, PUBLIC, NYSE: STR Oil and Gas Extraction (NAICS 21111); Crude Petroleum & Natural Gas (SIC 1311) Questar is on a quest for natural gas -- finding it, producing it, and transporting, storing, and distributing it. The energy company operates through four major units. Its exploration activities are led by its Wexpro business. Public utility Questar Gas distributes natural gas to almost 900,000 customers in Utah, southwestern Wyoming, and southeastern Idaho. Questar Pipeline operates a 2,500-mile transportation system and gas storage facilities in Utah, Wyoming, and Colorado. In 2009 the company reported proved reserves of 2.7 trillion cu. ft. of natural gas equivalent. 10

38 Range Resources Corporation Fort Worth, TX Phone: DUNS#: Annual Sales ($Mil): 1, PUBLIC, NYSE: RRC Range Resources is riding the range as an independent acquirer and developer of US oil and gas resources. The company s long-term strategy involves acquiring long-lived established properties, and it has major development areas in the Appalachian, and Southwest (West Texas, western Oklahoma, and Texas Panhandle) regions. Natural gas accounted for about 84% of Range Resources proved reserves of 3.1 trillion cu. ft. of natural gas equivalent in The company holds more than 2.5 million net acres of leasehold properties, and an inventory of more than 11,500 net drilling locations. Rex Energy Corporation State College, PA Phone: DUNS#: Annual Sales ($Mil): PUBLIC, NASDAQ: REXX Though it isn t exactly the T. Rex of the oil and gas industry, Rex Energy is taking a bite out of available hydrocarbon assets. The oil and gas exploration and production company has estimated proved reserves of 11 million barrels of oil equivalent, primarily from three regions: the Illinois Basin (in Illinois and Indiana) and the Appalachian Basin (Pennsylvania and West Virginia). The company s Lawrence Field ASP (alkalinesurfactant-polymer) Flood Project utilizes ASP technology, which washes residual oil from reservoir rock, thereby improving the existing waterflow s ability to sweep the residual oil and increasing ultimate oil recoveries. Lawrence Field is in Illinois. Southwestern Energy Company Houston, TX Headquarters (phone: ) DUNS#: Annual Sales ($Mil): 2, PUBLIC, NYSE: SWN Oil and Gas Extraction (NAICS 21111); Crude Petroleum & Natural Gas (SIC 1311) Southwestern Energy is putting a lot of energy into gas and oil exploration and production, primarily in the Southwest of the US. The company operates in Arkansas, Oklahoma, and Texas, but also in Pennsylvania, and New Brunswick, Canada. In 2009 the oil and gas company reported estimated proved reserves of more than 3.7 trillion cu. ft. of natural gas equivalent, all of which was natural gas. Southwestern s core properties are in the Fayetteville Shale play in the Arkoma Basin. SEECO, Inc. and Southwestern Energy Production Company (SEPCO) are the company s primary exploration and production units. Southwestern is also engaged in midstream activities -- natural gas gathering, transportation, and marketing. 11

39 Statoil ASA Stavanger Norway Phone: DUNS#: Annual Sales ($Mil): 89, PUBLIC, NYSE: STO The status of Statoil (formerly StatoilHydro) is that it is Norway s oil and gas exploration, production, transport, refining, and marketing giant. Statoil operates in 40 countries, focusing its upstream activities in 22 of them, primarily on the Norwegian continental shelf, the North Sea, the Caspian Sea, Western Africa, the US, and Venezuela. One of the world s top exploration and production companies, in 2009 the company reported proved reserves of 5.4 billion barrels of oil equivalent. It indirectly operates a network of 2,300 gas stations in Scandinavia, Poland, and the Baltic States. Statoil also supplies electricity in Norway and Sweden and is engaged in green energy development (wind and biofuels). Stone Energy Corporation Lafayette, LA Phone: DUNS#: Annual Sales ($Mil): PUBLIC, NYSE: SGY Oil and Gas Extraction (NAICS 21111); Crude Petroleum & Natural Gas (SIC 1311) You can t squeeze blood from a stone, but you can squeeze energy. Stone Energy acquires and exploits mature oil and natural gas properties that have high potential. The company, which in 2009 reported estimated proved reserves of billion cu. ft. of natural gas equivalent, has about 50 producing properties in the Gulf of Mexico. It has sold the bulk of its Rocky Mountain oil and gas properties in order to focus its energy on targeting reserves and production in the deep shelf and deep water areas of the Gulf of Mexico and in Appalachia. In 2009 the company had 900,500 gross acres of undeveloped properties, of which about 44,000 are in Appalachia. Trans Energy Inc 210 Second St Po Box 393 St Marys, West Virginia Phone: (304) Fax: (304) Manufacturing, Chemicals, Petrochemicals, Glass & Gases, Petrochemicals, Electricity, Oil & Gas Trans Energy, Inc. (Trans Energy) is engaged in the exploration, development and production of natural gas and oil, and the marketing and transportation of natural gas. The Company own interests in and operate approximately 295 oil and gas wells in West Virginia. It also owns and operates an aggregate of over 26 miles of four-inch, six-inch and eight-inch gas transmission lines located within West Virginia in the counties of Marion, Doddridge, Ritchie, Wetzel and Tyler. It also has approximately 29,429 gross acres under lease in West Virginia primarily in the counties of Wetzel, Marion and Doddridge. The Company operates its oil and natural gas properties and transport and market natural gas through its transmission systems in West Virginia. Trans Energy s principal operations consist of oil and gas sales with Trans Energy, and pipeline transmission with Ritchie County Gathering Systems and Tyler Construction Company. (Source: 10-K) 12

40 Unbridled Energy New York LLC Sewickley, PA Phone: DUNS#: Annual Sales ($Mil): Support Activities for Oil and Gas Operations (NAICS ); Oil & Gas Field Exploration Services (SIC 1382) Oil and gas exploration services Unit Corporation Tulsa, OK Phone: Annual Sales ($Mil): PUBLIC, NYSE: UNT It s oil for one and one for oil. With a single-minded focus on hydrocarbons, Unit conducts onshore drilling of oil and natural gas wells for customers in the Gulf Coast, Midcontinent, and Rocky Mountain regions of the US. Through Unit Drilling, it has a drilling fleet of more than 120 rigs. The company owns stakes in about 8,000 wells. Unit also has upstream and midstream businesses. Unit Petroleum explores for and produces oil and gas in the Anadarko and Arkoma basins of Oklahoma and Texas. In 2010 it reported proved reserves of billion cu. ft. of natural gas equivalent. Its Superior Pipeline subsidiary buys, sells, gathers, processes, and treats natural gas. XTO Energy Inc. Fort Worth, TX Phone: DUNS#: Annual Sales ($Mil): 9, SUBSIDIARY, NYSE: XTO XTO Energy knows the X s and O s of a successful oil and gas strategy. It buys and develops mostly long-lived producing properties, and also explores unproved reserves. The independent s holdings are mainly in Arkansas, Kansas, Louisiana, New Mexico, Oklahoma, Texas, and the Rockies; it also has assets in Appalachia and the North Sea. XTO Energy owns interests in more than 34,650 gross wells and operates gas gathering systems primarily in Arkansas, Kansas, Oklahoma, and Texas. In 2009 it reported proved reserves of 12.5 trillion cu. ft. of natural gas, 284 million barrels of oil, and 93 million barrels of natural gas liquids. In 2010 the company was acquired by Exxon Mobil in a $41 billion deal. Zone Oil & Gas LLC Somerset, PA Phone: DUNS#: Annual Sales ($Mil): Crude Petroleum and Natural Gas Extraction (NAICS ); (SIC ) Crude petroleum and natural gas, nsk 13