During 2010, we acquired or farmed-in leases totaling approximately 67,036 gross (37,794 net) lease acres and began development and production activity in the Eagle Ford Shale trend in La Salle and Frio Counties located in South Texas. During 2010, we drilled and completed 6 gross (4.1 net) oil wells all of which were successful.

During the second half of 2010, the Company commenced drilling operations on its acreage in the Eagle Ford Shale Trend. The Company's leasehold position is located in both La Salle and Frio counties, Texas. During 2010, the Company conducted drilling operations on approximately 8 gross (6 net) operated Eagle Ford Shale Trend wells. During December 2010, the Company commenced drilling operations with a second rig on its Eagle Ford Shale Trend acreage. In 2011, the Company plans to spend approximately $145 million on 20 to 24 gross wells.