Cherokee Basin

As of December 31, 2014

  • Estimated Proved Reserves:
    • Based on SEC Required Prices: 89.0 Bcfe*
    • Based on Forward Prices: 84.6 Bcfe**
  • Net Acreage: Approximately 720,000
  • Net Producing Wells: 1,974

The Cherokee Basin is located in the Mid-Continent region in southern Kansas, northern Oklahoma, and western Missouri and covers approximately 26,000 square miles. The predominant production is natural gas produced from coals and shales and natural gas and oil from conventional formations. Our production is primarily from the Pennsylvanian coals, shales, and sands. Major zones are the Mulky Iron Post Shale; Weir Pitt Coal; and Skinner, Red Fork, and Bartlesville sands.

 *  Estimated by third party reserve engineers based on the price method prescribed by the SEC at December 31, 2014.
** Estimated by third party reserve engineers based on forward market prices at December 31, 2014.