• 1,855 acres, 73-77% NRI

• Targets:

                        Primary – Miocene Tex W, Cris I, Cib Op

                        Secondary – Eocene Wilcox, Upper Cretaceous Tuscaloosa

• Analagous Production:

                        Bayou Segnette (110 BCFe)

                        Stella (46 BCFe)

                        Bayou Gentilly (38 BCFe)

• Geophysical Surveys:

                        7.4 square miles of 3D seismic

                        12 square miles of Cayenne microgravity survey area

Note:  High degree of correlation between 3D seismic anomalies and Cayenne survey anomalies

• Reserves: +/- 85 BCFe