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Goodrich Petroleum Corporation
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Raymond James 33rd Annual Institutional Investor Conference
| Richard G. Goodrich; Robert C. Turnham Jr. | Page 35 of 11 |
June 09, 2026
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"Raymond James 33rd Annual Institutional Investor Conference"
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35 ESTIMATED SUM OF THE PARTS Asset Amount (1) Metric Valuation Range ($ in millions) Low High Low High Flowing Production Multiple 108,200 Mcfe/day $8,000 / Mcfe – $12,000 / Mcfe $866 $1,298 Proved Undeveloped Reserves 289 Bcfe $1.00 / Mcfe – $1.50 / Mcfe $289 $434 Shelby Trough Acreage 30,000 Net Acres $7,500 / Acre – $10,000 / Acre $225 $300 Eagle Ford Shale Acreage 40,000 Net Acres $7,500 / Acre – $12,500 / Acre $300 $500 Tuscaloosa Marine Shale Acreage 80,000 Net Acres – – $0 $0 Total $1,680 $2,532 Less: Net Debt $593 $593 Less: Preferred $113 $113 Total Valuation Range $974 $1,826 Valuation per Share (2) $27 $50 (1) Reserves valued at 12/31/2011. Production – 4Q’11. (2) Basic share count of 36.2 million shares. NYSE : GDP