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Type

Area (click for info)

Well Name

Status

Oil

Bigfoot

Multiple producing wells

Asset sold in early 2006 at significant gain on investment in anticipation of temporary oil pricing decreases.
(See
press release dated February 28, 2006)

Natural Gas

Pennsylvania Drilling Program

Multiple producing wells

40 wells in process, 38 of which have been drilled to depths in the range of 3,800 feet. 17 wells are currently hooked into pipeline and producing with others waiting on completion and/or pipeline hookup. (10/06)

Deep Lake Field

Deep Lake No.1
Deep Lake No.2

Both wells were drilled and completed in target zones ranging from 13,600 feet for the #1 well to 14,300 feet for the #2 well. Due to the impact of Hurricane Rita, pipeline connects were significantly delayed. These connections were completed during the second quarter of 2006 and both wells are now flowing commercial quantities of natural gas. Both wells have untapped upper zones which are estimated to contain substantial additional reserves. (7/07)

South Deep Lake

Declared non-commercial after reaching approximately 19,300 feet with many mechanical difficulties.

Barnett Shale play area

McCoy No.2

Well completed and the Operator reported good gas and oil shows. Well initially produced primarily oil with limited gas, however gas flows have increased over time. The well is currently producing but has experienced mechanical issues that have caused production to vary significantly. The Operator continues to address these issues while attempting to produce the well. (7/07)

Wharton County

Putnam-Lange No.1

Well is completed and is producing at levels restricted to approximately 65 mcf of gas per day plus condensates. (09/06)

* Disclaimers: All scheduled dates are subject to the weather and availability of equipment. All depth and production numbers are approximate. Information is updated periodically for select properties. Information included in these reports is supplied by third parties not under control of Aztec and Aztec does not assume responsibility for its accuracy above making a reasonable effort to ascertain same.

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