Bryce W. Rhodes, Whittier's President and Chief Executive Officer, said, "We are excited about our 2006 drilling plan, which sets an ambitious but achievable goal for our Company to aggressively grow production and reserves. The majority of our planned drilling opportunities, both operated and non-operated, have rigs under contract and we believe they have a high likelihood of being drilled this year. We are extremely pleased to have this opportunity to execute our development plan, as well as test some of our major non-proved prospects, in such a tight rig environment."
Whittier Energy Corporation is an independent oil and gas exploration and production company headquartered in Houston, Texas, with operations in Texas and Louisiana. Whittier Energy also owns non-operated interests in fields located in the Gulf Coast, Oklahoma, Wyoming and California. The Company's stock trades as WHIT on the NASDAQ National Market.
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