| Summary
of Budgeted Expenditures By Area for 2008 (millions) |
|
| Mid-Continent | $135 |
| Rocky Mountain: | |
| Conventional
|
$106 |
|
Hanging Woman Basin |
$24 |
| ArkLaTex | $161 |
| Gulf Coast | $80 |
| Permian | $120 |
| TOTAL |
|
| $626 |
|
We operate in five core areas managed by five regional offices. The Mid-Continent, Rocky Mountains, ArkLaTex, Permian Basin, and Gulf Coast regions are operated out of our offices in Tulsa, Oklahoma; Billings, Montana; Shreveport, Louisiana; Midland, Texas; and Houston, Texas, respectively. Each office is staffed with a full complement of geologists, geophysicists, engineers, and landmen who have extensive experience in the region or basin where they work. In each core area, we focus on deliberate, detailed land and legal work, accurate and timely accounting, disciplined geologic interpretations, reservoir management, efficient completion and stimulation techniques, and, when warranted, the appropriate application of new technologies. Our Denver headquarters provides financial and administrative support for the regional operations.