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GeoResources Inc
|
Bakken Investor Conference
| Frank A. Lodzinski | Page 3 of 11 |
March 28, 2024
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3 Corporate Highlights Value Creation Balanced Portfolio Long - Term Growth 68,000 net acres in two premier U.S. liquids resource plays Strong Current Cash Flow/Profitability 5,090 Boe /d of production in 2010 24 Mmboe proved reserves; 60% oil (1) Significant Producing Bakken Position 45,000 net acres (32,500 operated) Continually leasing Growing to 3 operated rigs around year end 2011 Rapidly Expanding Eagle Ford Position 23,000 net acres (primarily operated) Commitment for additional leasing Growing to 3 operated rigs by year end 2011 (1) Does not include interests in affiliated partnerships. Reserves based on SEC pricing as of 1/1/11. See Additional Disclosure s i n Appendix. 3