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      "text": "Capital expenditures allocated 80% to intangible drilling costs (\"IDCs\") and 20% to tangible drilling costs (\"TDCs\")",
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      "text": "Escrow funding payments of $5.0 million per year through 2017 to support the funding requirements related to the 2007 oil and gas acquisition property reclamation obligations",
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      "text": "Lineham Creek Yegua wells assumed to cost $60.0 million to drill, $40.0 million to complete, $43.0 million to equip and tie-in and have a condensate ratio of 50.0 bbl/MMcf",
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      "text": "Included sulphur reclamation expense at a PV-10 value of $18.6 million",
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      "text": "IDCs are expensed as incurred and TDCs are depreciated using a 7-year MACRS schedule",
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      "text": "Insurance cost of $15.0 million per year plus an incremental insurance cost for the ultra-deep of 25% of ultra-deep lease operating expense",
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      "text": "NYMEX strip pricing as of December 3, 2012 through 2017E and then held flat thereafter",
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      "text": "Utilization of estimated U.S. Federal net operating loss carry forwards of $717.0 million as of December 31, 2011",
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      "text": "Operating costs are $150,000 per well per month plus $0.15 per Mcfe of transportation costs (as per MMR estimates)",
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