This excerpt taken from the CHK 8-K filed Nov 1, 2005.
Acreage and Wells
The following table details the Companys gross and net interest in developed and undeveloped lease and mineral acreage at December 31, 2004.
Columbia Energy Resources, LLC (a wholly owned
subsidiary of Triana Energy Holdings, LLC)
Notes to Consolidated Financial Statements (continued)
13. Natural Gas Producing Activities (Unaudited) (continued)
The following table details the Companys gross and net interest in productive natural gas and oil wells as of December 31, 2004, all of which are located within the Appalachian Basin.
During 2004, the Company sold approximately 19 gross wells, all located within the Appalachian basin. Of the above stated productive natural gas wells, 645 wells (gross) are completed to multiple zones.
The following table details our net exploratory and development wells drilled for the year ended December 31, 2004, and four months ended December 31, 2003.
The information above should not be considered indicative of future performance, nor should it be assumed that there is a direct correlation between the number of productive wells drilled and the amount of natural gas and oil that may be ultimately recovered.