Current Operating Areas
Areas of Interest
Current Operations
Realized Operations
Corporate Headquarters

Areas of Operation

~21.4 Mboe/d

Net Production

~140,000

Net Acres

+1,000

Drilling Locations

61%

Liquids

4/30/19

Exited

FDL’s West Texas position consists of ~125,000 net acres in the Permian Basin, with the vast majority suited for efficient long lateral development. Current net production is 21,400 Boe/d with horizontal development focused on multiple Spraberry and Wolfcamp zones. A significant drilling inventory of horizontal locations exists with a total resource target of over 500 MMboe.

~8.1 MMcfe/d

Net Production

100%

Operated

FDL’s southern Mississippi assets are comprised of three fields across 28,000 net acres that produce from the Selma Chalk formation. Net production is  8.1 MMcfe/d with a shallow, stable decline. Exploitation opportunities include horizontal drilling, artificial lift installation, and compressor optimization. Since acquisition, FDL has been able to moderate production decline with minimal capital while also achieving a decrease in operating costs of 20%.