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• Cost of adding production during 2014 was approximately $16,400 per Boe per day using 2014 operations capital investment of $106.6 million and average fourth quarter production of 6,520 Boe per day from wells that started production in 2014 (excludes 350 Boe per day acquired in January 2014). 

• Operating income for the year, being net income adjusted for impairment charges and unrealized hedging gains, was $13.4 million, or $0.12 per share. 

• The unrealized value of the commodity price contracts was $12.9 million at year end and, during the fourth quarter, a cash gain of $0.5 million was realized. 

• Debt plus working capital deficiency was $63.1 million at year end which is 1.1 times annualized fourth quarter cash flow. In November 2014, Storm’ s bank credit line was increased to $130.0 million from $90.0 million. 

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