CPC Business Overview
Net Acreage 18,000
Reserve Potential (CPC share 328 Bcfe++) 780 Bcfe++
Net Proven Reserves (CPC share 16 Bcfe) 53 Bcfe
Total number of wells in Production 6
Additional wells to come on 4
Anticipated Production (early Nov) 7.0 mmcfe/d
Anticipated CPC Production (early Nov) 1.7 mmcfe/d
Estimated Op. Cash Flow Current prices net to CPC US$7.0mpa
Wells planned to drill until end 2006 25
Target prod. end of 2007 (CPC share 23 mmcfe/d) 58 mmcfe/d
Target net 2P Reserves 2007 (CPC share 120 Bcfe) 298 Bcfe
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carpenter pacific resources limited
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Dr Michael Thurn, CEO & MD
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