Overview | McArthur River | Redoubt Shoal | Trading Bay | Kustatan

Redoubt Shoal Field (45% of production)

• 100% W.I. and operated by Forest

• Upper Hemlock and Tyonek zones

• Infill drilling, recompletions, waterflood optimization

• Facility consolidation to reduce operating costs

• Average net production during 2H of 2006 was 648 Bbls/d

• Oil gravity is 34 degree API

Infrastructure and facilities

• 1 platforms with a drilling rig

• 2 producing wells

• 1 injector and 1 disposal well

• 6,723 net acres

Waterflood to expand in 2008

• Drill 2 producers and later convert to injectors

• Drill 1 injector

• Drill 3 sidetracks to existing wells