Pyramid Petroleum Inc.

Gulf of Mexico (offshore)

Varying interest (1.25% to 50%) interest in:

  • 106 wells offshore, of which 62 are producing
  • Current production is approximately 5,000 boepd. Pyramid’s net production is 1,300 boepd.
  • Drilling and workovers in 2008 are expected to result in an expected net production increase of 454 poepd, for a cost of $0.72 MM.
  • Additional behind pipe reserve

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