Wolfcamp

In late 2010, the EP Energy team established a new major oil shale position by successfully leasing about 138,000 net acres in the Wolfcamp Shale. Again, we used our proven technical assessment approach and were an early and low-cost entrant into the play. Over the next two years, we advanced our understanding of the Wolfcamp using the same approach and techniques that allowed us to be successful in the Haynesville and Eagle Ford shales. The Wolfcamp Shale is an exciting new area where we plan to continue our success drilling horizontal resource plays.