XTO Ups 2010 Hedges, Completes Bakken Well

XTO Energy Inc. on Wednesday updated its price hedges for future sales of production in 2010.

"We have now hedged approximately fifty-five percent of our projected 2010 production and remain confident of a stronger natural gas environment," stated Bob R. Simpson, Chairman and Founder. "These prices secure robust cash margins and cash flow for our liquids-rich natural gas company while still allowing us to participate in an improving natural gas market next year."

The following table reflects the Company's current outstanding 2010 commodity swap transactions:

 

                                
                       Mcf or Bbls     NYMEX Price     Natural Gas
PRODUCTION              per Day      per Mcf or Bbl    Mcfe Price
                       -------      --------------    ----------


Natural Gas            1,250,000        $  7.49


Oil                       70,000        $ 95.70

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Total Natural Gas Equivalent    1,670,000              $9.62
=============================   =========              =====

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Brent Crude Oil : $50.64/BBL 0.62%
Light Crude Oil : $48.04/BBL 1.47%
Natural Gas : $3.01/MMBtu 2.58%
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