Eagle Ford Shale: St Mary Land & Exploration, Acreage Leader

Table shows that relative to market valuation (MktCap), St. Mary Land and Exploration leads the pack in leasing Eagle Ford Acreage. Quality of acres leased probably varies dramatically, and most of the Eagle Ford is unexplored.

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Key:

SM = St. Mary Land & Exploration

PXD = Pioneer Natural Resources

SFY = Swith Energy Company

ROSE = Rosetta Resources

HK = Petrohawk

APC = Anadarko

Mur = Murphy Oil

CXPO = Crimson Exploration

EP = El Paso Corporation

CHK = Chesapeake Energy Corp

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Source for the acreages is St. Mary land & Exploration Feb 2010 Presentation.

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EOG is also believed to be actively leasing in the Eagle Ford.

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Petrohawk is months, pehaps a year, ahead of the pack as far as actually exploiting the Eagle Ford Shale.

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