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GeoResources Inc
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March 2012 Investor Presentation
| Frank Lodzinski | Page 8 of 11 |
May 08, 2024
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"March 2012 Investor Presentation"
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Bakken Shale Overview Williams County Project ( 28,000 net acres) Primarily operated with average WI of ~34% 19 gross wells drilled to date ( 14 producing) 20 to 24 gross wells planned for 2012 Eastern Montana Project ( 13,000 net acres) Primarily operated with average WI of ~50% One operated well drilled to date Third operated rig to drill in this area beginning in 2Q 2012 Three to five gross Bakken wells planned for 2012 Mountrail County Project (10,000 net acres) Operated primarily by Slawson Exploration Average WI of ~8% Three to four rigs currently running 45 - 60 gross wells planned for 2012 McKenzie Line Project ( 4,000 net acres) Operated primarily by Zavanna , LLC WI range from 7% to 20% (11% avg.) One rig running, three wells waiting on completion Six to eight gross wells planned for 2012 8 Bakken Shale Overview