Overview of Operations
Double Eagle Petroleum holds interest in over 480,000 gross (130,000 net) acres, of which 83% is undeveloped in what we believe to be natural gas prone basins of the Rocky Mountains. Our holding includes acreage in the Washakie Basin, Powder River Basin, Greater Green River Basin and the Wind River Basin.
Reserves (1) $162.7 Million PV-10 Value (1) 900+ Future Drilling
Locations (1) Based on 12/31/2012
Forward strip pricing.
At December 31, 2012, we owned interests in over 1,100 producing wells. We are the operator at two fields; our flagship project at the Catalina Unit in the Atlantic Rim and a Waltman well in the Wind River Basin. In other fields, we’ve joined with strong industry partners such as ConocoPhillips, QEP Resources, Inc. and Warren Resources. In 2012, our production volumes were 98% natural gas.