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Gulfport Energy Corp | Q3 2013 Earnings Conference Call | Jim Palm | Page 8 of 11 | November 21, 2024

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Year Ending 12/31/2014 Forecasted Production Utica - Boepd 44,500 – 54,500 South Louisiana - Boepd ~5,500 Average Daily Oil Equivalent Midpoint – Boepd 50,000 – 60,000 Oil Equivalent - MMBoe 18.25 – 21.90 Projected Cash Operating Costs Lease Operating Expense – $/Boe $2.00 – $3.00 Transportation, Processing & Marketing - $/Boe $2.50 – $3.50 Production Taxes - % of Revenue 4.0% – 6.0% General Administrative - $/Boe $1.00 – $2.00 Depreciation, Depletion, and Amortization - $/Boe $21.00 – $24.00 Budgeted E&P Capital Expenditures – in Millions: Utica $594 – $634 West Cote Blanche Bay $42 – $45 Hackberry $24 – $26 Grizzly $15 – $20 Total Budgeted E&P Capital Expenditures $675 – $725 Budgeted Leasehold Capital Expenditures – in Millions: $225 – $275 Gulfport 2014 Guidance 8 Utica $614.0 Grizzly $17.5 WCBB $43.5 Hackberry $25.0 2014E E&P CAPEX (in millions) Note: Guidance for the year ended 12/31/14 is based on multiple assumptions and certain analyses made by the Company in light of its experience and perception of historical trends and current conditions and may change due to future developments. Actual results may not conform to the Company’s expectations and predictions. Please refer to page 2 for more detail of forward looking statements.