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Re: maybe_this_time post# 765

Wednesday, 08/06/2014 11:03:09 PM

Wednesday, August 06, 2014 11:03:09 PM

Post# of 2604
From the overview last qtr... (about 1/2 way down the page)

At March 31, 2014, we operated or had interests in 90 producing wells and our principal properties covered approximately 52,103 gross/net acres, more than half of which were held by production without near-term lease expirations, across 13 fields in the transitional coastline and protected in-bay environment on parish and state leases in south Louisiana as well as in the shallow Gulf of Mexico. We own approximately 100% working interest in all our properties, with the only exception being a single well where we have an overriding royalty interest. Our net revenue interests in our properties range from 70% to 82%, with our average net revenue interest on a net acreage leasehold basis being approximately 75%. We operate over 95% of the wells that comprise our PV-10, enabling us to effectively exercise management control of our operating costs, capital expenditures and the timing and method of development of our properties.



http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9995638

Rocky 1 was drilled last year so I would figure rocky 3 has the same WI and NRI...

GLTY

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