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Magnum Hunter Resources Corp
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May 2012 Corporate Presentation
| Gabe Scott | Page 12 of 11 |
November 23, 2024
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"May 2012 Corporate Presentation"
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11 Williston Hunter Overview Overview Areas of Operation ~30% Avg. WI ~10% Avg. WI (non-Samson operated) ~100% Avg. WI ~95% Avg. WI. ? Pro-forma Proved Reserves • Total proved reserves of 20.6 MMBoe as of 3/31/12 • Proved producing reserves of 7.1 MMBoe as of 3/31/12 ? Acreage • ~125,000 net acres in the Williston Basin – 92,056 net acres in North Dakota – 32,944 net acres in Tableland • 46,749 net acres located in Alberta ? Drilling Opportunities • ~824 net locations identified in the Williston Basin – Drilling locations targeting the Middle Bakken/Three Forks Sanish • 6-7 gross (3-4 net) drilling rigs currently running in the Williston Basin ? Oil Take-away capacity • Access to multiple pipelines in close proximity to properties • Oil trucked to pipelines in area ? Gas Contract • Third-party midstream contract to gather and process natural gas and natural gas liquids in Divide County, North Dakota, expected to be online during Q1 2013 ~48% Avg. WI (Samson operated) Acquired Baytex properties Acquired NuLoch properties MHR existing properties