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These excerpts taken from the CRK 10-K filed Feb 29, 2008. Fair
Value of Financial Instruments
The carrying amounts of cash and cash equivalents, accounts
receivable, accounts payable and accrued expenses approximate
fair value due to the short maturity of these instruments.
The following table presents the carrying amounts and estimated
fair value of the Companys financial instruments as of
December 31, 2006 and 2007:
The fair market value of the fixed rate debt was based on the
market prices as of December 31, 2006 and 2007. The fair
market value of the floating rate date approximates its carrying
value.
The Company had no derivatives outstanding as of
December 31, 2006 and 2007.
Fair Value of Financial Instruments The carrying amounts of cash and cash equivalents, accounts receivable, accounts payable and accrued expenses approximate fair value due to the short maturity of these instruments. The following table presents the carrying amounts and estimated fair value of the Companys financial instruments as of December 31, 2006 and 2007:
The fair market value of the fixed rate debt was based on the market prices as of December 31, 2006 and 2007. The fair market value of the floating rate date approximates its carrying value. The Company had no derivatives outstanding as of December 31, 2006 and 2007. This excerpt taken from the CRK 10-K filed Mar 1, 2007. Fair
Value of Financial Instruments
The following table presents the carrying amounts and estimated
fair value of the Companys financial instruments as of
December 31, 2005 and 2006:
The fair market value of the fixed rate debt was based on the
market prices as of December 31, 2005 and 2006. The fair
market value of the floating rate date approximates its carrying
value.
Derivatives at December 31, 2005 are presented at their
estimated fair value. The Company had no derivatives outstanding
as of December 31, 2006. The carrying amounts of cash and
cash equivalents, accounts receivable, other current assets, and
accounts payable and accrued expenses approximate fair value due
to the short maturity of these instruments.
This excerpt taken from the CRK 10-K filed Mar 20, 2006. Fair
Value of Financial Instruments
The carrying amounts of cash and cash equivalents, accounts
receivable, other current assets and accounts payable and
accrued expenses approximate fair value due to the short
maturity of these instruments.
Table of Contents
BOIS
dARC ENERGY, INC.
BOIS
dARC ENERGY PREDECESSORS
NOTES TO
COMBINED AND CONSOLIDATED FINANCIAL
STATEMENTS (Continued)
This excerpt taken from the CRK 10-K filed Mar 16, 2006. Fair
Value of Financial Instruments
The carrying amounts of cash and cash equivalents, accounts
receivable, other current assets and accounts payable and
accrued expenses approximate fair value due to the short
maturity of these instruments.
Table of Contents
BOIS
dARC ENERGY, INC.
BOIS
dARC ENERGY PREDECESSORS
NOTES TO
COMBINED AND CONSOLIDATED FINANCIAL
STATEMENTS (Continued)
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