Area Drilling

May 7, 2007

Vietnam

TGS-NOPEC Geophysical Co. ASA, Asker, Norway, began acquiring a 46,000 sq km nonexclusive aeromagnetic survey in the untested Mekong Delta in collaboration with state Petrovietnam.

A planned second phase will include aerogravity data. The area being surveyed is adjacent to production but lacks geophysical data to define basin architecture.

Louisiana

Daybreak Oil & Gas Inc., Spokane, was to run liner and test Eocene Cockfield at the Haas-Hirsch-1 well in Krotz Springs field, St. Landry Parish.

Logs indicated that Cockfield sandstones at 10,252-294 ft and 10,616-634 ft MD contain at least 15 and 10 net ft of potential gas pay, respectively.

Prospect generator Vision Exploration LLC has identified other Cockfield and Oligocene Frio reservoir targets on the farmout that Daybreak and partners will pursue pending a successful completion. Krotz Springs gas-condensate field, discovered in 1942, has produced more than 900 bcf of gas, most of it from Lower Frio and Cockfield sandstones.

Pennsylvania

CNX Gas Corp., Pittsburgh, said two vertical wells at its emerging Nittany exploratory coalbed methane play in west-central Pennsylvania were fracture treated in two lower zones.

Gas is pipeline quality with heating value slightly above 1,000 btu/Mcf and less than 1.2% carbon dioxide.

CNX plans to start building infrastructure at Nittany, where 42 drillsites have been acquired. CNX will apply for drilling permits for eight more wells in the original 2007 program.

CNX said in 2006 that the Nittany play targets 180 bcf of gas. The company holds 235,000 acres in the area, where it expects mostly vertical drilling.

Texas - Gulf Coast

Delta Petroleum Corp., Denver, has identified numerous shallow Yegua and Frio targets in Southeast Texas and is seeking permits to drill three shallow tests similar in geophysical appearance to its Aeolis prospect.

Drilling is to start later in the second quarter.

Aeolis-1, a shallow Yegua formation well, began producing in November 2006 at 1.3 MMcfd of gas and 190 b/d of condensate. The Big Thicket Pipeline, shut-in most of January, resumed operation Jan. 30, whereupon Aeolis-1 was allowed to reach flow capacity and is now making 2.3 MMcfd and 300 b/d.

TD is 7,780 ft. The well is on a seismic anomaly south of Newton field in Newton County. Delta holds 100% interest in more than 21,000 acres in the area.