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| Area              | Q1 2010Actual | Q2 2010Actual | FY 2010E |
|-------------------|---------------|---------------|----------|
| Wattenberg        | 4.0           | 4.0           | 15.9     |
| Piceance          | 3.0           | 2.8           | 11.9     |
| NECO              | 1.1           | 1.1           | 4.4      |
| Michigan*         | 0.3           | 0.4           | 0.7      |
| West Texas        | 0.0           | 0.0           | 0.6      |
| Other(ND, TX, WY) | 0.1           | 0.1           | 0.4      |
| Appalachia (PDCM) | 0.6           | 0.6           | 2.5      |
| TOTAL             | 9.1           | 9.0           | 36.4     |

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|                        | Q1 2010Actual | Q2 2010Actual | FY 2010E      |
|-----------------------------|---------------|---------------|---------------|
| Direct Costs ($/Mcfe)       | $0.75         | $0.98         | $0.73 - $0.87 |
| Indirect Costs ($/Mcfe)     | $0.29         | $0.26         | $0.27 - $0.31 |
| Total Lifting Cost ($/Mcfe) | $1.04         | $1.24         | $1.00 - $1.18 |
| Production (MMcfe/d)        | 101           | 98            | 100           |

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|                                           | Three Months Ended | Six Months Ended |
|------------------------------------------------|--------------------|------------------|
| June 30,                                       | June 30,           |
| Measure                                        | 2010               | 2009             | 2010 | 2009 |
| O&G Revenues                               | $49.4              | $40.4            | $108.1 | $78.6 |
| O&G Production & Well Operations Costs | $16.4              | $13.7            | $31.5 | $29.5 |
| O&G Operating Margin(1)                    | $33.0              | $26.7            | $76.6 | $49.1 |
| Adjusted cash flow from operations(2)          | $28.8              | $37.7            | $78.2 | $77.4 |
| Adjusted EBITDA(2)                             | $30.0              | $36.3            | $82.1 | $81.0 |
| Adjusted EBITDA (per diluted share)(2)         | $1.56              | $2.45            | $4.26 | $5.47 |
| DD&A                                       | $27.1              | $33.3            | $54.8 | $67.1 |
| G&A                                        | $9.9               | $14.8            | $20.5 | $26.9 |

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|                                                           | Three Months Ended | Six Months Ended |
|----------------------------------------------------------------|--------------------|------------------|
| June 30,                                                       | June 30,           |
| Measure                                                        | 2010               | 2009             | 2010 | 2009 |
| Operating income (loss)                                        | $7.1               | ($44.6)          | $52.0 | ($46.9) |
| Net Income (loss) attributable to.shareholders                 | ($2.7)             | ($33.1)          | $21.0 | ($38.8) |
| Diluted earnings (loss) per share.attributable to shareholders | ($0.15)            | ($2.24)          | $1.09 | ($2.62) |
|                                                            | Three Months Ended | Six Months Ended |
|-----------------------------------------------------------------|--------------------|------------------|
| June 30,                                                        | June 30,           |
|   Measure                                             | 2010               | 2009             | 2010 | 2009 |
| Adjusted net income (loss) from continuingoperations(1)         | ($3.0)             | ($3.9)           | $7.4 | ($0.8) |
| Adjusted earnings (loss) per share fromcontinuing operations(1) | ($0.15)            | ($0.27)          | $0.38 | ($0.06) |

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|                               | Three Months Ended | Six Months Ended |
|------------------------------------|--------------------|------------------|
| June 30,                           | June 30,           |
|   Measure                     | 2010               | 2009             | 2010 | 2009 |
| Average Lifting Costs(1)           | $1.24              | $0.64            | $1.14 | $0.78 |
| DD&A (O&G Properties Only) | $2.94              | $2.89            | $2.95 | $2.91 |

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|                                                                 | Three Months Ended | Six Months Ended |
|----------------------------------------------------------------------|--------------------|------------------|
| June 30,                                                             | June 30,           |
|                                                                 | 2010               | 2009             | 2010 | 2009 |
| Net income (loss) from continuing operations                         | ($0.3)             | ($33.3)          | $22.9 | ($39.6) |
| Unrealized (gain) loss on derivatives, net (1)                       | (4.2)              | 47.6             | (24.7) | 60.8 |
| Provision for underpayment of gas sales                              | -                  | -                | - | 2.6 |
| Tax effect of above adjustments                                      | 1.6                | (18.2)           | 9.3 | (24.6) |
| Adjusted net income (loss) from continuingoperations                 | ($3.0)             | ($3.9)           | $7.4 | ($0.8) |
| Weighted average diluted shares outstanding                          | 19.2               | 14.8             | 19.3 | 14.8 |
| Adjusted diluted earnings (loss) per sharefrom continuing operations | ($0.15)            | ($0.27)          | $0.38 | ($0.06) |

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|                                        | Three Months Ended | Six Months Ended |
|---------------------------------------------|--------------------|------------------|
| June 30,                                    | June 30,           |
|                                        | 2010               | 2009             | 2010 | 2009 |
| Net Cash provided by operating activities   | $44.0              | $24.8            | $95.4 | $60.7 |
| Changes in assets and liabilities           | (15.2)             | 12.9             | (17.2) | 16.7 |
| Adjusted cash flow from operations          | $28.8              | $37.7            | $78.2 | $77.4 |
| Weighted average diluted shares outstanding | 19.2               | 14.8             | 19.3 | 14.8 |
| Adjusted cash flow per share                | $1.50              | $2.54            | $4.05 | $5.23 |

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|                                         | Three Months Ended | Six Months Ended |
|----------------------------------------------|--------------------|------------------|
| June 30,                                     | June 30,           |
|                                         | 2010               | 2009             | 2010 | 2009 |
| Net Income (loss) from continuing operations | ($0.3)             | ($33.3)          | $22.9 | ($39.6) |
| Unrealized (gain) loss on derivatives, net   | (4.2)              | 47.6             | (24.7) | 60.8 |
| Interest, net                                | 7.6                | 9.4              | 15.4 | 17.8 |
| Income taxes expense (benefit)               | (0.2)              | (20.7)           | 13.8 | (25.1) |
| Depreciation, depletion & amortization   | 27.1               | 33.3             | 54.8 | 67.1 |
| Adjusted EBITDA                              | $30.0              | $36.3            | $82.1 | $81.0 |
| Weighted average diluted shares outstanding  | 19.2               | 14.8             | 19.3 | 14.8 |
| Adjusted EBITDA per share                    | $1.56              | $2.45            | $4.26 | $5.47 |

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