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Overview of Operations

Double Eagle Petroleum holds interest in over 525,00 gross acres (over 265,000 net), of which almost 75% is undeveloped in what we believe to be natural gas prone basins of the Rocky Mountains.

88.9 BFCE Proved
Reserves
$155.8 Million PV-10 Value 123% Net Production
Growth Over 2007
188% Increase In Total
Revenue Over 2007
900+ Future Drilling
Locations

At December 31, 2008, we owned interests in a total of 1,125 producing wells. We are the operator at two fields; our flagship project at the Catalina Unit in the Atlantic Rim and at two Waltman wells in the Wind River Basin. In other fields, we’ve joined with strong industry partners such as Anadarko Petroleum Corporation, ConocoPhillips, and Questar Corporation. In 2008, our production volumes were 98% natural gas.

Stock Performance

DBLE
Common Stock
Price: $4.11
Change: 0.02 ^ 0.49%
Volume: 25995
Exchange: NasdaqNM
Today's High: $4.11
Today's Low: $4.02
52-Week High: $6.49
52-Week Low: $3.11
Data as of 3/10/2010 3:49 PM EST