| Year ended December 31st |
2010 |
2009 |
% Change |
| Financial ($000s except per share) |
|
|
|
| Total petroleum and natural gas revenue |
16,656 |
18,589 |
-10 |
| Funds from operations |
2,206 |
4,514 |
-51 |
| Per share basic ($) |
0.04 |
0.13 |
-69 |
| Per share diluted ($) |
0.04 |
0.13 |
-69 |
| Net income (loss) |
-56,254 |
-25,742 |
54 |
| Per share basic ($) |
-1.02 |
-0.76 |
-25 |
| Per share diluted ($) |
-1.02 |
-0.76 |
-25 |
| Capital expenditures |
-23,399 |
16,851 |
-239 |
| Net assets (debt) (end of period) |
5,331 |
-23,497 |
541 |
| Operating Production |
|
|
|
| Oil and NGL (bbls/d) |
18 |
15 |
17 |
| Natural gas (mcf/d) |
6,882 |
7,574 |
-9 |
| Total boe/d (6:1) |
1,165 |
1,278 |
-9 |
| |
|
|
|
| Average realized price |
|
|
|
| Oil and NGL ($/bbl) |
61.63 |
53.71 |
13 |
| Natural gas ($/mcf) |
6.43 |
6.62 |
-3 |
| Combined average ($/boe) |
39.18 |
39.87 |
-2 |
| |
|
|
|
| Undeveloped land (acres) |
|
|
|
| Net |
4,276 |
126,253 |
-97 |
| Gross |
4,895 |
152,060 |
-97 |
| |
|
|
|
| Reserves (mboe) |
|
|
|
| Proved |
267 |
4,305 |
-94 |
| Probable |
385 |
2,722 |
-86 |
| Proved plus probable |
652 |
7,027 |
-91 |
| Weighted average basic and diluted shares outstanding |
55,294,617 |
34,073,339 |
39 |
