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November 2011 Corporate Profile
| Frank Lodzinski | Page 3 of 11 |
May 02, 2016
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"November 2011 Corporate Profile"
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3 Company Highlights Value Creation ? Balanced Portfolio ? Long-Term Growth – 71,000 net acres in two premier U.S. liquids resource plays ? Strong Current Cash Flow/Profitability – 5,545 Boe/d of production in 3Q 2011 (65% oil) ? 24 Mmboe proved reserves; 60% oil (1) ? Substantial Eagle Ford Position ? 25,000 net acres (primarily operated) ? Successful recent drilling has de-risked acreage and have proved commerciality of play ? Two dedicated rigs under contract ? Significant Producing Bakken Position ? 46,000 net acres (33,200 operated) ? Continually leasing ? Two dedicated rigs currently running on operated position (1) Does not include interests in affiliated partnerships. Reserves based on SEC pricing as of 1/1/11. See Additional Disclosures in Appendix.