E. Texas
In 2008, Berry acquired interests in certain natural gas producing properties on approximately 4,500 net acres in Limestone and Harrison Counties in E. Texas. The Limestone County assets include seven productive horizons in the Cotton Valley and Bossier sands at depths between 8,000 and 13,000 feet. Additional potential exists in the Haynesville/Bossier shale. The Harrison County assets include five productive sands as well as the Haynesville/Bossier Shale, with average depths between 6,500 and 13,000 feet.
We recently completed an eight well Haynesville horizontal development program. We have deferred drilling in E. Texas during 2011 while we focus on higher return oil development opportunities at our other properties. Average daily production from the E. Texas assets averaged 31 MMcf/D in 2010 as compared to 24 MMcf/D in 2009.
