Kerr-McGee has booked less than (1 trillion cubic feet of oil equivalent) as proven, which means we have the potential for a fivefold increase to existing proved reserves in this field alone.

This truly is a remarkable achievement by our employees and contractors whose execution of this project was second to none. This team not only expanded the capacity of the spar, but kept the project in line with budget and persevered through two massive hurricanes in the Gulf of Mexico to safely install the Constitution spar on schedule.

This is an exciting and meaningful opportunity for Kerr-McGee. The Chinook field has outstanding rock quality, and its potential could expand as we continue our appraisal program to delineate the full extent of the reservoir.