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Gulfport Energy Corp
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April 2024 Investor Presentation
| Michael Moore | Page 12 of 11 |
May 19, 2024
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"April 2024 Investor Presentation"
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Utica 2024 Development Plan • Extended Utica inventory by over 1.5 years through discretionary acreage acquisitions in the liquids-rich area of the play during 2023 • Prioritized for near term development and beginning pad development in late 2024 • Current development program includes high return, liquids-rich development • Continue to optimize well performance and implement a managed pressure program, yielding consistent EUR’s per well • Plan to turn-to-sales 16 gross Utica wells during 2024 Key Highlights 1. Includes wells turned-to-sales within each calendar year. Legend Gulfport Core Acreage Area Pads Turned-in-Line 3 Well Pad Spud: 4Q2024 4 Well Pad Spud: 4Q2023 TIL: 3Q2024 4 Well Pad Spud: 4Q2023 TIL: 2Q2024 3 Well Pad Spud: 3Q2024 3 Well Pad Spud: 3Q2023 TIL: 1Q2024 0.0 0.5 1.0 1.5 2.0 2.5 2020 2021 2022 2023 (Bcfe / 1,000’ of Lateral) Gulfport Utica Dry Gas Well Performance by Vintage (1) Development plan yielding strong results 60%+ improvement since 2020 Gross 2-Stream Volume 4 Well Pad Spud: 2Q2024 2 Well Pad Spud: 4Q2023 TIL: 1Q2024 3 Well Pad Spud: 1Q2024 TIL: 3Q2024