Plains Exploration targets 2012 production growth of 15% plus
The company said Eagle Ford oil development is its growth focus. The comments were made in Credit Suisse Energy Summit presentation slides. :theflyonthewall.com
Plains Exploration 2011 Oil/liquids reserves increased 18% to 244.0M barrels
For 2011: Oil/liquids are 59% of total proved, up from 54% in 2010. Oil/liquids reserve replacement is 280%. Oil/liquids reserve-to-pro forma production ratio is 14 years. :theflyonthewall.com