A Message From Hal Clark, Chairman

Hal Clark
Hal Clark
Tradition your Board has established a tradition of taking care of its shareholders. In my December 2009 letter, I stated that one of your Board’s goals has been to set the dividend at a level that can be sustained when gas prices are low, and they are low, down 50% from last year. While we can’t do anything about prices we can continue to invest in quality wells that will produce reserves for our future long term growth. In 2009 we had:

  • 232 new wells added
  • record gas volumes sold and
  • spent $6,800,000 on drilling

Your Board of Directors approved a $250 per share dividend at its March 25th, 2010 Board meeting.

Your Annual Report And Proxy Statement will be mailed April 14th, 2010. Every year we ask that you read both; then fill out, sign, and return your proxy card. This year we are using an easier method for returning your proxy. If you have any questions call our office at 405-521-9685.

YOUR VOTE IS IMPORTANT Each year we have to hire an additional person to write second and sometimes third requests to shareholders to return their proxy cards. Often times we have to follow up with phone calls. If EVERYBODY returns their proxy card right away we can eliminate this unnecessary expense.

The 2010 Annual Shareholders Meeting will be held May 15th, 2010 at 10 am. at the Embassy Suites Hotel, 1815 S. Meridian, Oklahoma City, Oklahoma 73108. We look forward to seeing you there.