• 266,000 gross acres

• Noble- 75% working interest, Teton 25% working interest

• Access to two major pipelines

• Depth: 2,000 feet

• $220,000 gross per well drilling and completion cost

• 20 well carry from Noble Complete

• Additional potential: Sharon Springs, Dakota, Lansing and Kansas City Formations

• Key players in area: Anadarko Petroleum, Bill Barrett, Berry Petroleum, Fidelity E&P

As of 12/31/07:
• 77 - Producers
• 35 - WOPL / WOC / Drilling