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34 / 34

Net Loss

($1,464,049)

Interest expense

17,839

Income taxes

(539,511)

DD&A

288,526

Write-down of oil & gas properties

1,630,627

Goodwill impairment

465,985

Inventory impairment

8,454

Accretion

29,909

EBITDA

$437,780

EBITDA Reconciliation

(In Thousands)

For 12 Months Ending, 9/30/09

  • *

    EBITDA is defined as net earnings plus interest expense, income taxes, DD&A, property write-down, goodwill impairment and accretion.

33

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