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This presentation includes forward-looking statements, which give the Company's current expectations or forecasts of
future events based on currently available information. Forward-looking statements are statements that are not historical
facts, such as expectations regarding drilling plans, including the acceleration thereof, production rates and guidance,
resource potential, incremental transportation capacity, exit rate guidance, net present value, development plans,
progress on infrastructure projects, exposures to weak natural gas prices, changes in the Company's liquidity, changes in
acreage positions, expected expenses, expected capital expenditures, and projected debt balances. The assumptions of
management and the future performance of the Company are subject to a wide range of business risks and uncertainties
and there is no assurance that these statements and projections will be met. Factors that could affect the Company's
business include, but are not limited to: the risks associated with drilling of oil and natural gas wells; the Company's
ability to find, acquire, market, develop, and produce new reserves; the risk of drilling dry holes; oil and natural gas price
volatility; derivative transactions (including the costs associated therewith and the abilities of counterparties to perform
thereunder); uncertainties in the estimation of proved, probable, and possible reserves and in the projection of future
rates of production and reserve growth; inaccuracies in the Company's assumptions regarding items of income and
expense and the level of capital expenditures; uncertainties in the timing of exploitation expenditures; operating hazards
attendant to the oil and natural gas business; drilling and completion losses that are generally not recoverable from third
parties or insurance; potential mechanical failure or underperformance of significant wells; pipeline construction
difficulties; climatic conditions; availability and cost of material, equipment and services; the risks associated with
operating in a limited number of geographic areas; actions or inactions of third-party operators of the Company's
properties; the Company's ability to retain skilled personnel; diversion of management's attention from existing
operations while pursuing acquisitions or dispositions; availability of capital; the strength and financial resources of the
Company's competitors; regulatory developments; environmental risks; uncertainties in the capital markets;
uncertainties with respect to asset sales; general economic and business conditions (including the effects of the
worldwide economic recession); industry trends; and other factors detailed in the Company's most recent Form 10-K,
Form 10Q and other filings with the Securities and Exchange Commission. If one or more of these risks or uncertainties
materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect,
actual outcomes may vary materially from those forecasted or expected. The Company undertakes no obligation to
publicly update or revise any forward-looking statements except as required by law.
Forward-Looking Statements and Terminology Used
