Edge Petroleum Corporation (Edge) is an independent oil and natural gas company engaged in the exploration, development, acquisition and production of crude oil and natural gas properties in the United States. At December 31, 2008, the Company’s net proved reserves were 124.1 billion cubic feet equivalent (Bcfe), comprising 89.6 billion cubic feet of natural gas, 3.5 million barrels of natural gas liquids and 2.3 million barrels of crude oil and condensate. Natural gas and natural gas liquids accounted for approximately 89% of those proved reserves. Approximately 79% of the Company’s total proved reserves were developed as of December 31, 2008 and they were all located onshore, in the United States. Its reduced drilling program resulted in 25 gross apparent successes out of 27 gross wells drilled during the year ended December 31, 2008. In October 2009, the Company and its subsidiaries filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy code.