Anschutz Exploration Corporation, a company of 30 experienced professionals, currently has active exploration or production projects in New York, Pennsylvania, Ohio, North Dakota, Montana and Wyoming. Two drilling rigs are under long-term contract in North Dakota, and drilling projects are planned for 2010 in all six states.

Every well that AEC drills is a directional or horizontal well designed to accommodate surface land use issues, to access the target horizon in the optimum manner or to attain the best reservoir performance. All these factors are considered in well and production facility design.

AEC has demonstrated its commitment to applying the best available technology to drilling and completions in order to bring secure U.S.-based oil and natural gas resources to the energy marketplace. We have drilled more than a million feet of horizontal hole since 2006. AEC is consistently recognized by peers, contractors and regulatory agencies for its outstanding effort in geology and engineering as well as safety, environmental and operating practices.

The Anschutz Corporation, a privately held company based in Denver, Colorado, has been a leader in the natural resources industry for more than 75 years. Founded in 1965, the diversified company today has worldwide investments in energy exploration, production and delivery; real estate, ranching and agriculture; lodging, transportation and telecommunications; newspaper and Internet publishing; and entertainment including sports, film production and movie theaters.