For the eleventh year in a row, we delivered growth in reserves, cash flow and production. We are proud of our track record and believe it demonstrates the strength of our business strategy. In total, we spent $1.5 billion in 2012, including the drilling of 369 net wells with a 99 percent success rate. We grew production by 34 percent through development drilling and completions, exceeding both our annual average and exit production targets. For the eleventh year in a row, we achieved positive technical and development reserve additions. We also replaced 609 percent of production through development and technical reserve additions and increased our year-end proved plus probable reserves by 43 percent to 608.8 million barrels of oil equivalent (boe) and our proved reserves by 42 percent to 400.4 million boe, including acquisitions.