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RECENT DISCOVERIES
In 2005 and 2006, Cypress Drilling made significant discoveries and reserve additions in both oil and natural gas
LOCATION
ADDED RESERVES
CURRENT WELLS
POTENTIAL DEVELOPMENT
LOCATIONS
St. Martin Parish, LA
1 Million Barrels Oil
5
5
Iberia Parish, LA
1.3 Million Barrels Oil
1
3
Rusk County, TX
12 Billion Cubic Feet Gas
1
11
Matagorda County, TX
5 Billion Cubic Feet Gas
1
2 (recompletions)
The gross value of these reseves at $60 per barrel of oil and $6.00 per Mcf of natural gas is over $200,000,000.


 

 
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