"With these properties in place, Calpine is continuing to meet our goal of owning 25 percent of our natural gas requirements. By the end of 2005, we expect to generate over 70,000-megawatts of electricity. To meet our 25 percent reserve goal, Calpine anticipates increasing our equity reserves to 6.7 trillion cubic feet," said Charles Chambers, vice president of business development. "Calpine will continue to acquire and develop reserves in strategic natural gas basins in North America to ensure Calpine is the low-cost producer in the markets we serve."