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Gulfport Energy Corp
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July 2011 Investor Presentation
| Mike Liddell | Page 8 of 11 |
May 04, 2024
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"July 2011 Investor Presentation"
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Utica Shale – Illustrative Development Economics(1) (1) Statistics for the respective oil window (2) Based on third-party operator sources8 !" # $%&'(( /*0 /*0 /10 /+0+ )* +, 12+ 342+ 5 12+ 342+ 5 2 5 2 362 5 !! +2 5 +2 5 421 5 +2 5 & ) ) + ) + ) --./, 6*07 %!. 6*07 %!. 40 %!. 40 %!. 012 +0, 0, 70, 70, $, * * 2 8 8 0,$ 7++ %!. 4 %!. 1 %!. +4+ %!. 3 ) && 7 5 7 5 5 5 /& 2 80, 80, +8, +8, The example above is for illustrative purposes only and does not necessarily represent actual, historical or expected performance in the Utica Shale, which has been only recently and limitedly explored by other operators with horizontal drilling technology. EUR per well for Utica Shale are preliminary management estimates based on assumptions of oil in place (OOIP), a hypothetical range of recovery factor, formation thickness and porosity, which assumptions may prove incorrect and may not be representative of Company acreage. Accordingly, there can be no assurance that Gulfport will achieve these results. These quantities do not constitute or represent reserves.