Development

Long Run Exploration leverages existing land positions in key plays within its diversified portfolio of properties to grow crude oil volumes.  These plays present lower-risk development opportunities which provide highly attractive rates of return for Long Run shareholders.  Development activity is highest in those areas identified with the most repeatable drilling locations, the most predictable results, and the most acreage from within the portfolio.  By continually striving to improve both cost-efficiency and well productivity in these lower-risk development projects, the company is well-positioned to generate year-over year growth in crude oil volumes.