For the third month in a row, Double Eagle Petroleum Co. broke a record for natural gas production at its Catalina Unit, an emerging coalbed methane play located in the Atlantic Rim of Wyoming.

Total gross production from 40 wells in the unit is on pace in May to exceed 510 MMcf, or 18.8 MMcf/d, which would be 237% higher than gas output in May 2007, Double Eagle stated Thursday. Net output since the beginning of the month through Wednesday surpassed 310.0 MMcf, or 11.1 MMcf/d, which was 150% higher than the same period a year ago. Average daily production through Wednesday was 414 Mcf/d gross, with net average daily production of 250 Mcf/d.

“We are extremely pleased to continue to see excellent results from our newly drilled Catalina,” said Chairman Richard Dole. “In 2008 we have been able to realize significant production for this project and hope to continue creating value growth from this and other areas for several years to come.”

The production data was compiled from Double Eagle’s original 14 Cow Creek wells in the unit and 26 of 33 new wells drilled last year. Another 24 wells are expected to be drilled in the play beginning in July.

The Denver-based independent also increased its production and reserves forecasts from interests in nonoperated production areas of the Pinedale Anticline in Wyoming, as well as a nonoperated interests in the Sun Dog and Doty Mountain units of the Atlantic Rim.

“The new Pinedale wells and the encouraging outlook for the Sun Dog and Doty Mountain units position the company for a strong second quarter and remainder of 2008,” said Dole.

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