Economics : Type Curve

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Lone Rock Activity Jimmie Com Best Woodford returns in portfolio 10.2 MMcfed (368 b/d) Meyers 1H 16,000 net contiguous acres 13.4 MMcfed (535 b/d) Multiple completion design factors enhance productivity Infill testing: JD Hoppinscotch Shelly Shelly testing 8 and 12 wells per Hines Federal 1H 17.2 MMcfed section (currently completing) (1,016 b/d) Woodford Shelly Spacing Average Cumulative Production per Well Woodford 440 660 (MBOE) 500 12 well spacing 8 well spacing 1st Gen (1,440 lb/ft) 2nd Gen (2,800 lb/ft) 400 3rd Gen (2,800 lb/ft) JD Hoppinscotch testing 8 wells 300 per section in Woodford (currently drilling) 200 JD Hoppinscotch Spacing Meramec 100 160 640 0 Woodford 0 60 120 180 240 300 Days 26
Cimarex Energy Co.
May 2018

SCOOP Woodford Dry Gas Window Type Curves Woodford Type Curve Assumptions(1) Dry Gas Single Well Economics(1) Lateral Length 7,500 100% Well Cost (MM) 12.3 Well Cost ( per foot) 1,633 80% 60% IRRs % Total EUR (Bcfe / 1,000) 2.6 Total EUR (Bcfe) 19.8 40% 28% % Gas 100% 22% 17% 20% 11% Wells per section 8 Gross Undeveloped Locations 444 0% Gas 2.50 / Oil 45.00 Gas 2.75 / Oil 50.00 Gas 3.00 / Oil 55.00 Gas 3.25 / Oil 60.00 Net Undeveloped Locations 84 Woodford Dry Gas Woodford Dry Gas Type Curves(1) 14,000 9.0 8.0 12,000 7.0 10,000 6.0 Mcfe per day 8,000 5.0 Bcfe 6,000 4.0 3.0 4,000 2.0 2,000 1.0 - 0.0 2.6 Bcfe / 1,000' Daily Production Months 2.6 Bcfe / 1,000' Cumulative Production Note: See appendix slide 34 for detailed assumptions used to generate single well IRRs. 1. Assumes contractual ethane recovery.. WWW.GULFPORTENERGY.COM 35
Gulfport Energy Corp.
May 2018

SCOOP Woodford Oil Drilling Costs Reduced By 1 Million Per Well Updated SCOOP Woodford oil well design: SCOOP Woodford Optimized Completions Eliminates need for intermediate casing string Reduces CWC by 1 MM to 11.7 MM per well ROR now 70% for 1.5 MMBoe type curve(1) Uplift from optimized completions continues: Lillian 1-23-14XH Pyle 24-Hr IP: 1,812 Boepd (81% oil) 1,593 Boepd (74% oil) Lillian 24-Hr IP: 1,593 Boepd (74% oil) Pyle 1-36-25 XH 1,812 Boepd (81% oil) Pyle and Lillian Outperforming Type Curve Cumulative Production (Boe)(2) 175,000 150,000 125,000 100,000 75,000 50,000 25,000 CLR Leasehold CLR Optimized Completion 0 Woodford HZ Producing Well 0 30 60 90 120 150 180 Gas Condensate Oil Days On 1. Based on a 65 WTI oil price. 2. Normalized to 9,800 type curve. 3. Normalized from 655 MBoe 7,500. PROPERTY OF CONTINENTAL RESOURCES, INC. REPRODUCTION AND DISTRIBUTION WITH WRITTEN PERMISSION ONLY 18
Continental Resources, Inc.
May 2018

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