Woodside Acquisitions?, page-5

CeeC:re: Woodside Acquisitions? I heard that and found this:

Westport Resources Corporation is an independent energy company engaged in oil and natural gas exploitation, acquisition and exploration primarily within the United States. Trade on the New York Stock Exchange under the symbol "WRC".

Conduct operations in three divisions-Northern, Southern, and Gulf of Mexico. Focus on maintaining a balanced portfolio of lower-risk, long-life onshore reserves and higher-margin offshore reserves to provide a diversified cash flow foundation for our exploitation, acquisition and exploration activities.

As of June 30, 2002 Three Months Ended June 30, 2002
(Millions) ($ / Share)
Proved Reserves 980 Bcfe Revenue $ 113.2
Gas / Oil Mix 49% / 51% Net Income ($ 1.2) ($ 0.02)
Proved Developed Reserves 62% EBITDAX $ 75.6
Reserve Production Ratio 7.7 Years Discretionary Cash Flow $ 67.9 $ 1.30
Proved Reserved NPV10 $ 1,285 Million Ave. Weighted Shares Outstanding 52.1
Long-Term Debt. $ 491.4
Total Capitalization $ 1,347.5