Dan A. Hughes

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UPDATED, Dan A. Hughes has retained Albrecht & Associates Inc. to sell a package that was originally marketed in 2005. At that time, production history was limited and there were questions on the ultimate shape of the decline curve. Subsequent production has resulted in highly definitive curves for all producing wells and further confirms the proved undeveloped reserves. The properties are in Caliente Field, Karnes County, Texas, and have current net production of 3.1 cubic feet of gas per day and total net proved reserves of 14.9 billion cubic feet of gas equivalent (57% proved producing). The package includes interests in three Wilcox gas wells, two proved undeveloped locations and two identified proved nonproducing recompletion opportunities. Hughes currently operates the wells and all operations will transfer to the buyer. For more information, contact Harrison Williams, 713-951-9586.