----

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UNITED STATES

|   |   |                                                                                              |
|--------|--------|---------------------------------------------------------------------------------------------------|
| þ |   | QUARTERLY      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF      1934 |

|   |   |                                                                                                |
|--------|--------|-----------------------------------------------------------------------------------------------------|
| o      |   | TRANSITION      REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF      1934 |

|                                 |   |                        |
|--------------------------------------|--------|-----------------------------|
| NEVADA                               |   | 20-1268553                  |
| (State      or other jurisdiction of |   | (I.R.S.      Employer       |
| incorporation      or organization)  |   | Identification      Number) |

|       |   |      |
|------------|--------|-----------|
| Yes þ |   | No      o |

| Large      accelerated filer      o |   | Accelerated      filer      þ |   | Non-accelerated      filer      o |   | Smaller      reporting company      o |
|-------------------------------------|--------|------------------------------------|--------|-----------------------------------|--------|---------------------------------------|

|   |   |           |
|--------|--------|----------------|
| Yes o  |   | No      þ |

----

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|                                                                                                    |   | Page   |   |
|---------------------------------------------------------------------------------------------------------|--------|--------|--------|
| PART I.  Financial      Information                                                      |   |   |   |
|                                                                                                    |   |   |   |
| Item      1. Financial Statements (Unaudited):                                                          |   |   |   |
|                                                                                                    |   |   |   |
| Consolidated      Balance Sheets –                                                                |   |   |   |
| March      31, 2008 and December 31, 2007                                                               |   | 4      |   |
| Consolidated      Statements of Operations –                                                      |   |   |   |
| Three      Months Ended March 31, 2008 and 2007                                                         |   | 5      |   |
| Consolidated      Statement of Stockholders' Equity –                                             |   |   |   |
| Three      Months ended March 31, 2008                                                                  |   | 6      |   |
| Consolidated      Statements of Cash Flows –                                                      |   |   |   |
| Three      Months Ended March 31, 2008 and 2007                                                         |   | 7      |   |
| Notes      to Consolidated Financial Statements                                                         |   | 8      |   |
| Independent      Accountants' Review Report                                                             |   | 12     |   |
|                                                                                                    |   |   |   |
| Item      2. Management's Discussion and Analysis of Financial Condition and Results      of Operations |   | 13     |   |
|                                                                                                    |   |   |   |
| Item      3. Quantitative and Qualitative Disclosure About Market    Risk                               |   | 16     |   |
|                                                                                                    |   |   |   |
| Item      4. Controls and Procedures                                                                    |   | 16     |   |
|                                                                                                    |   |   |   |
| PART      II. Other Information                                                                         |   |   |   |
|                                                                                                    |   |   |   |
| Item      6. Exhibits                                                                                   |   | 17     |   |
|                                                                                                    |   |   |   |
| Awareness      Letter of Ernst & Young, LLP                                                         |   |   |   |
| Section      302 Certification of the CEO                                                               |   |   |   |
| Section      302 Certification of the CFO                                                               |   |   |   |
| Certification      of the CEO Pursuant to Section 906                                                   |   |   |   |
| Certification      of the CFO Pursuant to Section 906                                                   |   |   |   |
|                                                                                                    |   |   |   |

----

----

|                                                                                                                                                                              |   | March      31,2008  |      |   | December      31,2007 |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------|-----------|--------|-----------------------|--------|
|                                                                                                                                                                              |   |                |      |
|                                                                                                                                                                              |   | (In      thousands) |      |
| ASSETS                                                                                                                                                                            |
|                                                                                                                                                                              |   |                |      |   |                  |   |   |   |
| Cash      and Cash Equivalents                                                                                                                                                    |   | $                   | 13,965    |   |                  | $      | 18,841 |   |
| Accounts      Receivable:                                                                                                                                                         |   |                |      |   |                  |   |   |   |
| Oil      and gas sales                                                                                                                                                            |   |                | 43,364    |   |                  |   | 37,628 |   |
| Joint      interest operations                                                                                                                                                    |   |                | 5,102     |   |                  |   | 4,382 |   |
| Prepaid      Expenses                                                                                                                                                             |   |                | 4,097     |   |                  |   | 5,451 |   |
| Total      current assets                                                                                                                                                         |   |                | 66,528    |   |                  |   | 66,302 |   |
| Property      and Equipment:                                                                                                                                                      |   |                |      |   |                  |   |   |   |
| Unevaluated      properties                                                                                                                                                       |   |                | 21,194    |   |                  |   | 13,076 |   |
| Proved      properties                                                                                                                                                            |   |                | 328,399   |   |                  |   | 328,270 |   |
| Wells      and related equipment and facilities                                                                                                                                   |   |                | 1,053,295 |   |                  |   | 1,003,655 |   |
| Accumulated      depreciation, depletion and amortization                                                                                                                         |   |                | (488,137  | )      |                  |   | (460,606 | ) |
| Net      oil and gas properties                                                                                                                                                   |   |                | 914,751   |   |                  |   | 884,395 |   |
| Other      Property and Equipment, net of accumulated depreciation of $2,041      and         $1,889 as of March 31, 2008 and December 31, 2007,      respectively |   |                | 2,761     |   |                  |   | 2,875 |   |
| Other      Assets                                                                                                                                                                 |   |                | 2,764     |   |                  |   | 3,064 |   |
|                                                                                                                                                                              |   | $                   | 986,804   |   |                  | $      | 956,636 |   |
|                                                                                                                                                                              |   |                |      |   |                  |   |   |   |
|                                                                                                                                                                              |   |                |      |   |                  |   |   |   |

| LIABILITIES      AND STOCKHOLDERS' EQUITY                                                                                                                                                   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                        |
| Short-term      Debt                                                                                                                                                                        |   | $ | — |   |   | $ | 2,588 |   |
| Accounts      Payable                                                                                                                                                                       |   |   | 42,117 |   |   |   | 37,660 |   |
| Income      Taxes Payable                                                                                                                                                                   |   |   | 10,154 |   |   |   | 5,170 |   |
| Accrued      Expenses                                                                                                                                                                       |   |   | 681 |   |   |   | 1,959 |   |
| Total      current liabilities                                                                                                                                                         |   |   | 52,952 |   |   |   | 47,377 |   |
| Long-term      Debt                                                                                                                                                                         |   |   | 56,000 |   |   |   | 80,000 |   |
| Deferred      Income Taxes Payable                                                                                                                                                          |   |   | 191,191 |   |   |   | 181,667 |   |
| Reserve      for Future Abandonment Costs                                                                                                                                                   |   |   | 45,608 |   |   |   | 45,094 |   |
| Total liabilities                                                                                                                                                                           |   |   | 345,751 |   |   |   | 354,138 |   |
| Commitments      and Contingencies                                                                                                                                                          |   |   |   |   |   |   |   |   |
| Stockholders'      Equity:                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| Common      stock – $0.01 par, 100,000,000 shares authorized, 66,449,000 and      66,389,500 shares issued and outstanding at March 31, 2008 and December      31, 2007, respectively |   |   | 664 |   |   |   | 664 |   |
| Additional      paid-in capital                                                                                                                                                             |   |   | 504,970 |   |   |   | 504,564 |   |
| Retained      earnings                                                                                                                                                                      |   |   | 135,419 |   |   |   | 97,270 |   |
| Total      stockholders' equity                                                                                                                                                             |   |   | 641,053 |   |   |   | 602,498 |   |
|                                                                                                                                                                                        |   | $ | 986,804 |   |   | $ | 956,636 |   |
|                                                                                                                                                                                        |   |   |   |   |   |   |

----

CONSOLIDATED STATEMENTS OF OPERATIONS

|                                                                            |                                         | Three      Months Ended |    |
|---------------------------------------------------------------------------------|----------------------------------------------|-------------------------|---------|
|                                                                            |                                         | March      31,          |    |
|                                                                            |                                         | 2008                    |    |   | 2007 |   |
|                                                                            | (In      thousands except per share amounts) |
|                                                                            |                                         |                    |    |   |   |   |   |   |
| Oil      and gas sales                                                          |                                         | $                       | 113,266 |   |   | $ | 76,182 |   |
| Operating      expenses:                                                        |                                         |                    |    |   |   |   |   |   |
| Oil      and gas operating                                                      |                                         |                    | 15,438  |   |   |   | 13,028 |   |
| Exploration                                                                     |                                         |                    | 6,417   |   |   |   | 10,735 |   |
| Depreciation,      depletion and amortization                                   |                                         |                    | 28,368  |   |   |   | 28,515 |   |
| General      and administrative                                                 |                                         |                    | 3,175   |   |   |   | 3,452 |   |
| Total      operating expenses                                                   |                                         |                    | 53,398  |   |   |   | 55,730 |   |
|                                                                            |                                         |                    |    |   |   |   |   |   |
| Income      from operations                                                     |                                         |                    | 59,868  |   |   |   | 20,452 |   |
| Other      income (expenses):                                                   |                                         |                    |    |   |   |   |   |   |
| Interest      income                                                            |                                         |                    | 83      |   |   |   | 105 |   |
| Other      income                                                               |                                         |                    | 135     |   |   |   | 92 |   |
| Interest      expense                                                           |                                         |                    | (1,363  | ) |   |   | (2,164 | ) |
| Total      other expenses                                                       |                                         |                    | (1,145  | ) |   |   | (1,967 | ) |
|                                                                            |                                         |                    |    |   |   |   |   |   |
| Income      before income taxes                                                 |                                         |                    | 58,723  |   |   |   | 18,485 |   |
| Provision      for income taxes                                                 |                                         |                    | (20,574 | ) |   |   | (6,612 | ) |
| Net      income                                                                 |                                         | $                       | 38,149  |   |   | $ | 11,873 |   |
|                                                                            |                                         |                    |    |   |   |   |   |   |
| Net      income per share:                                                      |                                         |                    |    |   |   |   |   |   |
| Basic                                                                           |                                         | $                       | 0.58    |   |   | $ | 0.18 |   |
| Diluted                                                                         |                                         | $                       | 0.56    |   |   | $ | 0.18 |   |
|                                                                            |                                         |                    |    |   |   |   |   |   |
| Weighted      average common and common stock equivalent shares    outstanding: |                                         |                    |    |   |   |   |   |   |
| Basic                                                                           |                                         |                    | 65,782  |   |   |   | 65,128 |   |
| Diluted                                                                         |                                         |                    | 67,587  |   |   |   | 66,819 |   |
|                                                                            |                                         |                    |    |   |   |   |   |   |

----

|                                       |   | Common      Stock(Shares) |    |   | Common      StockPar Value |   |    | AdditionalPaid-in      Capital |   |   | Retained      Earnings |   |   | Total  |    |
|--------------------------------------------|--------|---------------------------|---------|--------|----------------------------|--------|---------|--------------------------------|--------|--------|------------------------|--------|--------|--------|---------|
|                                       |   |                      |    |
|                                       |   | (In      thousands)       |    |
|                                       |   |                      |    |
| Balance      at January 1, 2008            |   |                      | 66,390  |   |                       | $      | 664     |                           |   | $      | 504,564                |   |   | $      | 97,270  |   |   | $ | 602,498 |   |
| Exercise      of stock options             |   |                      | 202     |   |                       |   | 2       |                           |   |   | 1,271                  |   |   |   | — |   |   |   | 1,273 |   |
| Tax      benefit of stock option exercises |   |                      | — |   |                       |   | — |                           |   |   | 768                    |   |   |   | — |   |   |   | 768 |   |
| Stock-based      compensation              |   |                      | — |   |                       |   | — |                           |   |   | 1,374                  |   |   |   | — |   |   |   | 1,374 |   |
| Repurchases      of common stock           |   |                      | (143    | )      |                       |   | (2      | )                              |   |   | (3,007                 | )      |   |   | — |   |   |   | (3,009 | ) |
| Net      income                            |   |                      | — |   |                       |   | — |                           |   |   | —                |   |   |   | 38,149  |   |   |   | 38,149 |   |
|                                       |   |                      |    |   |                       |   |    |                           |   |   |                   |   |   |   |    |   |   |   |   |   |
| Balance      at March 31, 2008             |   |                      | 66,449  |   |                       | $      | 664     |                           |   | $      | 504,970                |   |   | $      | 135,419 |   |   | $ | 641,053 |   |
|                                       |   |                      |    |   |                       |   |    |                           |   |   |                   |   |   |   |    |   |   |   |   |   |

----

CONSOLIDATED STATEMENTS OF CASH FLOWS

|                                                                                        |   | Three      Months Ended |    |
|---------------------------------------------------------------------------------------------|--------|-------------------------|---------|
|                                                                                        |   | March      31,          |    |
|                                                                                        |   | 2008                    |    | 2007 |   |
|                                                                                        |   |                    |    |
|                                                                                        |   | (In      thousands)     |    |
| CASH      FLOWS FROM OPERATING ACTIVITIES:                                                  |   |                    |    |   |   |   |   |   |
| Net      income                                                                             |   | $                       | 38,149  |   |   | $ | 11,873 |   |
| Adjustments      to reconcile net income to net cash provided by operating      activities: |   |                    |    |   |   |   |   |   |
| Deferred      income taxes                                                                  |   |                    | 10,292  |   |   |   | 5,070 |   |
| Dry      holes and leasehold impairments                                                    |   |                    | 428     |   |   |   | 7,852 |   |
| Depreciation,      depletion and amortization                                               |   |                    | 28,368  |   |   |   | 28,515 |   |
| Stock-based      compensation                                                               |   |                    | 1,374   |   |   |   | 1,658 |   |
| Excess      tax benefit from stock-based compensation                                       |   |                    | (768    | ) |   |   | — |   |
| Amortization      of loan costs                                                             |   |                    | 127     |   |   |   | 78 |   |
| Increase in      accounts receivable                                                   |   |                    | (6,456  | ) |   |   | (411 | ) |
| Increase      in prepaid expenses                                                           |   |                    | (1,234  | ) |   |   | (2,154 | ) |
| Increase      (decrease) in accounts payable and accrued expenses                           |   |                    | 2,532   |   |   |   | (21,024 | ) |
| Net      cash provided by operating activities                                              |   |                    | 72,812  |   |   |   | 31,457 |   |
|                                                                                        |   |                    |    |   |   |   |   |   |
|                                                                                        |   |                    |    |   |   |   |   |   |
| CASH      FLOWS FROM INVESTING ACTIVITIES:                                                  |   |                    |    |   |   |   |   |   |
| Capital      expenditures                                                                   |   |                    | (52,720 | ) |   |   | (49,466 | ) |
| Net      cash used for investing activities                                                 |   |                    | (52,720 | ) |   |   | (49,466 | ) |
|                                                                                        |   |                    |    |   |   |   |
|                                                                                        |   |                    |    |   |   |   |   |   |
| CASH      FLOWS FROM FINANCING ACTIVITIES:                                                  |   |                    |    |   |   |   |   |   |
| Borrowings                                                                                  |   |                    | — |   |   |   | 22,000 |   |
| Principal      payments on debt                                                             |   |                    | (24,000 | ) |   |   | (2,000 | ) |
| Repurchases      of common stock                                                            |   |                    | (3,009  | ) |   |   | — |   |
| Debt      issuance costs                                                                    |   |                    | — |   |   |   | (36 | ) |
| Proceeds      from issuance of stock                                                        |   |                    | 1,273   |   |   |   | — |   |
| Excess      tax benefit from stock-based compensation                                       |   |                    | 768     |   |   |   | — |   |
| Net      cash provided by financing activities                                              |   | (24,968                 | )       |   | 19,964 |   |
|                                                                                        |   |                    |    |   |   |   |
| Net      increase (decrease) in cash and cash equivalents                                   |   |                    | (4,876  | ) |   |   | 1,955 |   |
| Cash      and cash equivalents, beginning of period                                         |   |                    | 18,841  |   |   |   | 9,487 |   |
| Cash      and cash equivalents at end of period                                             |   | $                       | 13,965  |   |   | $ | 11,442 |   |
|                                                                                        |   |                    |    |   |   |   |

----

|                                                          |   | Three      Months     |   |
|---------------------------------------------------------------|--------|-----------------------|--------|
|                                                          |   | Ended      March 31,  |   |
| 2008                                                          |   |                  | 2007   |   |
|                                                          |   | ($      in thousands) |   |
| Future      abandonment liability – beginning of period |   | $                     | 45,094 |   |   | $ | 48,064 |   |
| Accretion      expense                                        |   |                  | 685    |   |   |   | 750 |   |
| New wells      drilled                                   |   |                  | 436    |   |   |   | 255 |   |
| Liabilities      settled                                      |   |                  | (607   | ) |   |   | — |   |
| Future      abandonment liability – end of period       |   | $                     | 45,608 |   |   | $ | 49,069 |   |

----

|                            |   | Three      Months    |   |
|---------------------------------|--------|----------------------|--------|
|                            |   | Ended      March 31, |   |
| 2008                            |   |                 | 2007   |   |
|                            |   | (In      thousands)  |   |
| Current                         |   | $                    | 10,282 |   |   | $ | 1,542 |   |
| Deferred                        |   |                 | 10,292 |   |   |   | 5,070 |   |
| Provision      for Income Taxes |   | $                    | 20,574 |   |   | $ | 6,612 |   |
|                            |   |                 |   |   |   |   |   |   |

----

|                                                                           |   | Three      Months Ended March 31,             |    |
|--------------------------------------------------------------------------------|--------|-----------------------------------------------|---------|
|                                                                           |   | 2008                                          |    |   | 2007 |   |
|                                                                           |   |                                          |    |   |   |   |   |   |   | Per |   |   |   |   |   |   |   |   |   |   | Per |   |
|                                                                           |   | Income                                        |    |   | Shares |   |   | Share |   |   | Income |   |   | Shares |   |   | Share |   |
|                                                                           |   | (In      thousands, except per share amounts) |    |
| Basic Earnings Per      Share:                                                 |   |                                          |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net Income                                                                     |   | $                                             | 38,149  |   |   |   | 65,782 |   |   | $ | 0.58 |   |   | $ | 11,873 |   |   |   | 65,128 |   |   | $ | 0.18 |   |
|                                                                           |   |                                          |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Diluted      Earnings Per Share:                                               |   |                                          |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net Income                                                                     |   | $                                             | 38,149  |   |   |   | 65,782 |   |   |   |   |   |   | $ | 11,873 |   |   |   | 65,128 |   |   |   |   |   |
| Effect of Dilutive      Securities:                                            |   |                                          |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Stock Grants and      Options                                                  |   |                                          | — |   |   |   | 1,805 |   |   |   |   |   |   |   | — |   |   |   | 1,691 |   |   |   |   |   |
|                                                                           |   |                                          |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net      Income Available to Common Stockholders With Assumed      Conversions |   | $                                             | 38,149  |   |   |   | 67,587 |   |   | $ | 0.56 |   |   | $ | 11,873 |   |   |   | 66,819 |   |   | $ | 0.18 |   |
|                                                                           |   |                                          |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

|                                              |   | Three      Months Ended March 31,         |   |
|---------------------------------------------------|--------|-------------------------------------------|--------|
| 2008                                              |   |                                      | 2007   |   |
|                                              |   | (In      thousands except per share data) |   |
| Weighted      average anti-dilutive stock options |   |                                      | 371    |   |   |   | 553 |   |
| Weighted      average exercise price              |   |                                      | $16.56 |   |   |   | $15.84 |   |

----

|                     |   | Three      Months    |   |
|--------------------------|--------|----------------------|--------|
|                     |   | Ended      March 31, |   |
|                     |   | 2008                 |   |   | 2007 |   |
|                     |   | (In      thousands)  |   |
| Cash      Payments -     |   |                 |   |   |   |   |   |   |
| Interest      payments   |   | $                    | 1,236  |   |   | $ | 2,102 |   |
| Income      tax payments |   | $                    | 5,298  |   |   | $ | 3,910 |   |

----

----

----

ITEM 2.  MANAGEMENT'SDISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OFOPERATIONS

|                                             |                                                       | Three      Months Ended March 31, |    |
|--------------------------------------------------|------------------------------------------------------------|-----------------------------------|---------|
|                                             |                                                       | 2008                              |    |   | 2007 |   |
|                                             |                                                       |                              |
|                                             |        ($      in thousands, except per unit amounts) |
| Revenues:                                        |                                                       |                              |    |   |   |   |   |   |
| Oil      and gas sales                           |                                                       | $                                 | 113,266 |   |   | $ | 76,182   |   |
| Expenses:                                        |                                                       |                              |    |   |   |   |   |   |
| Oil      and gas operating(1)                    |                                                       | $                                 | 15,438  |   |   | $ | 13,028   |   |
| Exploration                                      |                                                       | $                                 | 6,417   |   |   | $ | 10,735   |   |
| Depreciation,      depletion and amortization    |                                                       | $                                 | 28,368  |   |   | $ | 28,515   |   |
| Net      Production Data:                        |                                                       |                              |    |   |   |   |   |   |
| Oil      (Mbbls)                                 |                                                       |                              | 427     |   |   |   | 368   |   |
| Natural      gas (Mmcf)                          |                                                       |                              | 7,927   |   |   |   | 7,701   |   |
| Natural      gas equivalent (Mmcfe)              |                                                       |                              | 10,486  |   |   |   | 9,909   |   |
| Average      Sales Price:                        |                                                       |                              |    |   |   |   |   |   |
| Oil      ($/Bbl)                                 |                                                       | $                                 | 101.01  |   |   | $ | 58.33   |   |
| Natural      gas ($/Mcf)                         |                                                       | $                                 | 8.85    |   |   | $ | 7.10   |   |
| Average      equivalent price ($/Mcfe)           |                                                       | $                                 | 10.80   |   |   | $ | 7.69   |   |
| Expenses      ($ per Mcfe):                      |                                                       |                              |    |   |   |   |   |   |
| Oil      and gas operating(1)                    |                                                       | $                                 | 1.47    |   |   | $ | 1.31   |   |
| Depreciation,      depletion and amortization(2) |                                                       | $                                 | 2.69    |   |   | $ | 2.86   |   |

|   |                                                                                          |   |
|--------|-----------------------------------------------------------------------------------------------|--------|
|   |                                                                                          |
| (1)    | Includes      lease operating costs and production and ad valorem  taxes.                     |
| (2)    | Represents      depreciation, depletion and amortization of oil and gas properties      only. |

----

----

|                                          |   | Three      Months Ended |   |
|-----------------------------------------------|--------|-------------------------|--------|
|                                          |   | March      31,          |   |
|                                          |   | 2008                    |   | 2007 |   |
|                                          |   | (In      thousands)     |   |
| Oil      and gas exploration and development: |   |                    |   |   |   |   |   |   |
| Leaseholdcosts                                |   | $                       | 8,618  |   |   | $ | 763 |   |
| Development      drilling                     |   |                    | 19,076 |   |   |   | 8,291 |   |
| Exploratory      drilling                     |   |                    | 17,229 |   |   |   | 30,037 |   |
| Other    development                          |   |                    | 13,392 |   |   |   | 23,662 |   |
|                                          |   |                    | 58,315 |   |   |   | 62,753 |   |
| Other                                         |   |                    | 36     |   |   |   | 143 |   |
|                                          |   | $                       | 58,351 |   |   | $ | 62,896 |   |

----

----

----

| Period                                          |   | Total number ofshares      purchased |    | Average price paidper      share(1) |   | Total number ofshares      purchased aspart of publiclyannounced plans      orprograms |   | Approximate maximumdollar      value ofshares that may yetbe purchased underthe plans      orprograms(2) |
|-------------------------------------------------|--------|--------------------------------------|---------|-------------------------------------|--------|----------------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------------------------------------|
|                                            |   |                                 |    |                                |   |                                                                                   |   |                                                                                                     |
| January      1, 2008 – January 31, 2008   |   |                                 | 0       |                                |   |                                                                                   | N/A    |                                                                                                     |   |   | N/A |   |   | $ | 98,058,000 |   |
| February      1, 2008 – February 29, 2008 |   |                                 | 0       |                                |   |                                                                                   | N/A    |                                                                                                     |   |   | N/A |   |   | $ | 98,058,000 |   |
| March      1, 2008 – March 31, 2008       |   |                                 | 142,300 |                                |   | $                                                                                      | 21.15  |                                                                                                     |   |   | 142,300 |   |   | $ | 95,049,000 |   |

|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| (1)    |   | This      amount represents the weighted average price paid per share and includes a      per share commission for all repurchases.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| (2)    |   | On      November 13, 2007, we announced that our Board of Directors had      authorized our repurchase of up to an aggregate of $100.0 million of      our common stock from time to time on the open market (the      “2007 Share Repurchase Program”). The timing and amount of any shares      repurchased is determined by our management based on its evaluation of      market conditions and other factors. The 2007 Share Repurchase      Program does not have a fixed term, and may be suspended or discontinued      by us at any time. The 2007 Share Repurchase Program may be funded      using our working capital, as well as proceeds from any credit facilities      and other borrowing arrangements which we currently have or may enter into      in the future. |

|             |   |                                                                                                                                                                                                                                                                                                      |
|------------------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Exhibit      No. |   | Description                                                                                                                                                                                                                                                                                               |   |
|             |   |
| 2.1              |   | Agreement      and Plan of Merger dated as of April 30, 2008 by and among the Company,      Stone Energy Corporation and Stone Energy Offshore, L.L.C. (filed as      Exhibit 2.1 to our Current Report on Form 8-K dated April 30, 2008 (file      no. 001-32494) and incorporated by reference herein). |   |
|             |   |                                                                                                                                                                                                                                                                                                      |   |
| 15.1*            |   | Awareness      Letter of Ernst & Young LLP.                                                                                                                                                                                                                                                           |   |
|             |   |                                                                                                                                                                                                                                                                                                      |   |
| 31.1*            |   | Section      302 Certification of the Chief Executive Officer.                                                                                                                                                                                                                                            |   |
|             |   |                                                                                                                                                                                                                                                                                                      |   |
| 31.2*            |   | Section      302 Certification of the Chief Financial Officer.                                                                                                                                                                                                                                            |   |
|             |   |                                                                                                                                                                                                                                                                                                      |   |
| 32.1†      |   | Certification      for the Chief Executive Officer as required by Section 906 of the      Sarbanes-Oxley Act of 2002.                                                                                                                                                                                     |   |
|             |   |                                                                                                                                                                                                                                                                                                      |   |
| 32.2†      |   | Certification      for the Chief Financial Officer as required by Section 906 of the      Sarbanes-Oxley Act of 2002.                                                                                                                                                                                     |   |

|    |   |                    |   |
|---------|--------|-------------------------|--------|
| *       |   | Filed      herewith     |
| † |   | Furnished      herewith |

----

SIGNATURES

|                   |   |                                                        |   |   |
|------------------------|--------|-------------------------------------------------------------|--------|--------|
|                   |   | BOIS      d'ARC ENERGY, INC.                                |   |   |
|                   |   |                                                        |   |   |
| Date:      May 9, 2008 |   | /s/GARY      W. BLACKIE                                     |   |   |
|                   |   | Gary W. Blackie, Chief      Executive Officer and President |   |
|                   |   | (Principal      Executive Officer)                          |   |   |
|                   |   |                                                        |   |   |
|                   |   |                                                        |   |   |
| Date:      May 9, 2008 |   | /s/ROLAND      O. BURNS                                     |   |   |
|                   |   | Roland O. Burns, Senior      Vice President,                |   |   |
|                   |   | Chief      Financial Officer, Secretary, and Treasurer      |   |   |
|                   |   | (Principal      Financial and Accounting Officer)           |   |   |
|                   |   |                                                        |   |   |

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