"Our Sonora asset base is an integral component of the company's long lived onshore reserve development strategy. We have been very active in this field since 1994 and I look forward to continuing our successful operations for many more years," noted Duane Radtke, president and chief executive officer of Dominion E&P.
Dominion E&P's drilling and acquisition activity in the Sonora area has been steadily growing during the past ten years. The company controls more than 95 percent working interest in 4000 wells across 600,000 acres. The company plans to drill more than 500 wells in this field in 2004, and that is expected to increase in 2005.
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