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Article: El Paso Corporation Provides Proved Reserve Estimate and Production Update; Maintains Production Forecast.
- Article from:
- PR Newswire
- Article date:
- February 17, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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El Paso Corporation today announced that it has completed its annual review of the company's natural gas and oil reserve estimates. The following is a reconciliation of proved reserves from December 31, 2002 to December 31, 2003 for El Paso Corporation and its consolidated subsidiaries, El Paso Production Holding Company (EPPH) and El Paso CGP Company:
El Paso Corp. EPPH El Paso CGP
Bcf Equivalent at Jan. 1, 20035,233 2,824 2,286
Production (427) (226) (194)
Net Sales (799) (424) (267)
Additions ...