| Venture |
Prospect |
WI (%) |
Scheduled Spud Date |
Est. Dry Hole Costs Net to Pantheon
(US$ mn) |
| Bullseye |
Bullseye |
15.0 (1) |
April 2008
|
1.0 |
| Padre Island |
Dunn Deep #3
|
7.5
|
2009 |
0.40 |
| |
Plum Deep - shallow zone test |
25.0
|
1H 2008 |
0.03
|
| South Louisiana |
Nottoway
|
7.5 (2) |
Abandoned |
0.50 |
| |
|
|
well possible in 2009 |
|
| Project Wharton |
Zebu #2 |
9.375 |
1H 2008 |
0.02 |
| |
Mohawk #2 |
18.75 |
1H 2008 |
0.05 |
| Tyler County Austin Chalk |
|
25 |
June/July 2008 |
4.25 |
|
|
Source: Venture operator. Subject to variation
(1) To casing point when farm-in company may elect for 25% back-in
(2) Carrying farm-out companies for a 25% back-in after project payout
|
