88S下9下8 88sg5y=898 于寸N 9 yeaN c 下9寻守回际下莴 888-导只只守g8o-5 oox ortO oo N89导NP5-导子 S a coN (OA寸c ±8988 o=?o。寸寸o寸 xo oa odor oo9&cog R88器8cN导8° PR8器高8:8°吕 R8NR888三 总器 oo NNo"oo 888导西8器8吕 988导σ8怒8甚 /是】 63 oo9 e8@更包回宫E更88DO NOT COPY 295-029 -10- Exhibit 3xxx Proved Developed Reserves: Production and Cash Flow Projections ($ millions except as noted) Proved Developed Reserves 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 Production: (1) Crude and condensates (MB) 9.4 8.1 7.1 6.3 5.3 4.5 3.7 2.9 2.4 2.2 1.9 1.7 1.5 1.4 1.2 (2) Gas (MMCF) 45.3 36.8 29.5 25.0 21.7 18.6 16.5 14.9 12.8 11.3 10.3 8.5 7.6 6.7 6.2 Cash Flows (in millions): (3) Revenues - oil 192.0 180.4 168.2 154.5 139.4 124.5 109.1 94.7 82.7 75.7 72.0 66.7 63.4 59.9 56.6 (4) Revenues - gas 90.5 82.1 73.5 67.8 64.1 59.2 56.7 54.2 50.4 47.6 45.8 41.1 38.2 36.9 36.1 (5) Total revenues 282.5 262.5 241.7 222.3 203.5 183.7 165.8 148.9 133.1 123.3 117.8 107.7 101.6 96.8 92.7 (6) Direct production taxes 25.5 23.6 21.6 19.9 18.0 16.2 14.4 12.7 11.4 10.5 9.8 9.1 8.5 8.1 7.7 (7) Direct operating expense 79.9 80.3 79.8 78.9 76.0 71.0 63.8 56.1 49.9 48.2 45.5 44.1 44.5 43.7 43.0 (8) Overhead 33.9 32.2 28.6 25.9 23.0 20.4 18.3 16.1 13.9 12.6 10.8 9.7 9.0 8.3 7.8 (9) Fin. book DD&A 58.0 45.2 35.6 29.1 23.8 19.1 19.6 16.6 13.3 10.7 9.0 7.5 6.3 5.3 4.5 (10) Net income before taxes 85.2 81.2 76.1 68.6 62.7 57.0 49.7 47.4 44.6 41.4 42.8 37.3 33.3 31.3 29.7 (11) Federal and state income taxes: (12) Current 48.5 44.4 39.3 34.1 29.9 25.9 23.6 21.5 19.3 17.5 17.4 15.2 13.4 12.7 12.0 (13) Deferred (19.1) (15.2) (11.8) (9.5) (7.7) (5.9) (6.2) (5.1) (3.9) (3.1) (2.5) (2.2) (1.8) (1.4) (1.2) (14) Total income taxes 29.4 29.2 27.4 24.6 22.3 20.0 17.4 16.4 15.4 14.4 14.9 13.0 11.7 11.3 10.8 (15) Profit contribution 55.8 52.0 48.6 43.9 40.4 37.0 32.2 31.0 29.2 27.0 27.9 24.3 21.7 20.0 18.9 (16) Non-cash charges 38.9 30.1 23.7 19.6 16.1 13.2 13.5 11.5 9.5 7.7 6.4 5.3 4.5 4.0 3.3 (17) Cash from operations 94.7 82.0 72.3 63.5 56.6 50.3 45.7 42.5 38.7 34.6 34.4 29.6 26.2 24.0 22.2 (18) Capital expenditures 5.4 2.0 2.7 0.5 0.6 0.8 0.8 0.6 1.1 0.4 0.1 0.1 0.1 0.5 0.1 (19) Cash flow 89.4 80.0 69.6 63.0 56.0 49.5 44.9 41.9 37.6 34.3 34.2 29.5 26.1 23.5 22.1 (20) Terminal value 92.1 (21) Cumulative cash flow 89.4 169.4 239.1 302.1 358.0 407.5 452.4 494.3 531.9 566.2 600.4 629.9 656.0 679.4 793.6 Notes to follow Exhibit 7