TMY » Topics » (Amounts in Thousands)

This excerpt taken from the TMY 10-K filed Mar 16, 2006.

(Amounts in Thousands)

 

     Year ended December 31,  
     2005     2004     2003  

Standardized Measure, beginning of year

   $ 176,854     $ 180,443     $ 143,999  

Sales and transfers of oil and gas produced, net of production costs

     (324 )     (152 )     (397 )

Net changes in prices, development and production costs

     320,930       151,644       (107,366 )

Extensions, discoveries and improved recovery, less related costs

     596,505       65,492       171,513  

Purchase of minerals in place

     —         —         —    

Development costs incurred and changes during the period

     (213,411 )     17,754       (2,887 )

Revisions of previous quantity estimates

     (6,948 )     (4,458 )     (30,436 )

Increase in present value due to passage of one year

     21,999       24,135       20,431  

Exercise of Option by Bramex

     —         (203,699 )     —    

Net changes in production rates and other

     225,304       (36,563 )     (13,824 )

Net change in income taxes

     (373,928 )     (17,742 )     (590 )
                        

Standardized Measure, end of year

   $ 746,981     $ 176,854     $ 180,443  
                        

"(Amounts in Thousands)" elsewhere:

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