The term is probably not in your dictionary, but it is often repeated among the employees of Fidelity Exploration & Production Company. Simply said, organic growth represents maximizing your assets. And this is something that Fidelity excels at.

The Baker Field, located in eastern Montana, and has been producing energy since the early 1930s. The story is the same for the company's Bowdoin Field in northeastern Montana. Through the application of new technologies and an aggressive drilling campaign on reduced well spacings, these fields have a new life in new times. And much of the development in these fields has occurred in the past 10 years.

The Baker field alone has produced over 168 billion cubic feet of gas over its life. Of that volume, 66 percent has been produced in the last 10 years. Currently, there are 740 wells in the Baker field, 678 of them or 90 percent, have been drilled within the last 10 years. Similar, but less dramatic statements can be made about the Bowdoin Field. Total production from these two fields exceeded 100 million cubic feet of gas per day (mmcf/d) at the close of 2007, up from levels of 30 to 35 mmcf/d in 2000. To put this volume into perspective, that's enough to heat about 125,000 homes on a cold winter day.

Fidelity's coalbed natural gas development properties located in Montana and Wyoming have also seen strong growth trends growing from slightly over 8 mmcf/d in April 2000, to nearly 50 mmcf/d at the close of 2007.

Fidelity looks to a promising future of continued production growth. Currently, the company has over 2,000 locations that can be drilled and this number doesn't count any new exploratory positions that under investigation for further development.