Southwestern's Arkoma Conventional operations provide low-risk
drilling opportunities and a stable production and reserve
base.
Large land
position with approximately 491,791 net acres.
2007 reserves
of 304 Bcf of gas (21% of total proved reserves). 2007 production of 23.8 Bcf of gas (21% of total production).
In 2008
Southwestern plans to invest approximately $132 million to drill 100 to 110 wells, including 40 wells in the Ranger Anticline area and 45 wells at its Midway area in Arkansas.
Strategy:
Continue development drilling and workover programs to grow our production and reserve base.
Large land
position with approximately 491,791 net acres.