| Year ended December 31st |
2009 |
2008 |
% Change |
| Financial ($000s except per share) |
|
|
|
| Total petroleum and natural gas revenue |
18,589 |
24,834 |
-25 |
| Funds from operations |
4,514 |
6,957 |
-35 |
| Per share basic ($) |
0.13 |
0.32 |
-59 |
| Per share diluted ($) |
0.13 |
0.32 |
-59 |
| Net income (loss) |
-25,742 |
-3,753 |
-85 |
| Per share basic ($) |
-0.76 |
-0.17 |
-78 |
| Per share diluted ($) |
-0.76 |
-0.17 |
-78 |
| Capital expenditures |
16,851 |
20,267 |
-17 |
| Net debt (end of period) |
23,497 |
20,993 |
11 |
| Operating Production |
|
|
|
| Oil and NGL (bbls/d) |
15 |
21 |
-29 |
| Natural gas (mcf/d) |
7,574 |
8,234 |
-8 |
| Total boe/d (6:1) |
1,278 |
1,393 |
-8 |
| |
|
|
|
| Average realized price |
|
|
|
| Oil and NGL ($/bbl) |
53.71 |
82.16 |
-53 |
| Natural gas ($/mcf) |
6.62 |
8.03 |
-21 |
| Combined average ($/boe) |
39.87 |
48.68 |
-22 |
| |
|
|
|
| Undeveloped land (acres) |
|
|
|
| Net |
126,253 |
92,905 |
26 |
| Gross |
152,060 |
118,638 |
22 |
| |
|
|
|
| Reserves (mboe) |
|
|
|
| Proved |
4,305 |
3,706 |
14 |
| Probable |
2,722 |
2,417 |
11 |
| Proved plus probable |
7,027 |
6,123.5 |
13 |
| Weighted average basic and diluted shares outstanding |
34,073,339 |
21,704,069 |
64 |
