Land Position

• 66,042 Gross Acres
• 49,436 Net Acres

• Well Cost: $150M
• Net Reserves (Unrisked):
  0.184 Bcf
• ROR (Unrisked): 98%
• F&D (Unrisked): $0.81/mcf

• Reserve Potential: 75 Bcf net
  unrisked