GEODYNE ENERGY INCOME PROGRAMS 1997 YEAR-END ESTIMATED VALUATION ON A PER UNIT BASIS(1) CASH DISTRIBUTIONS PER UNIT ------------------------------ 1996 YEAR-END CUMULATIVE FORMATION UNIT 1997 YEAR END PER UNIT ESTIMATED 1997 DISTRIBUTIONS P/SHIP DATE SIZE ESTIMATED VALUATION(2) VALUATION(2) TOTAL THRU 12/31/97 P/SHIP - ------- ---------- ------------------------------- ------------- ---------------------- ------ I-A 12/10/84 $1,000 $77.93 $139.38 $16.89 $550.38 I-A I-B 07/12/85 1,000 81.63 155.75 9.54 547.31 I-B I-C 12/20/85 1,000 141.63 290.42 61.11 887.04 I-C I-D 03/04/86 1,000 361.18 763.30 152.20 1,794.96 I-D I-E 09/10/86 1,000 313.00 565.98 82.70 1,188.75 I-E I-F 12/16/86 1,000 293.53 553.29 81.90 1,170.50 I-F (1) This chart must be read in connection with the letter dated January 29, 1998, providing important assumptions and other information on the methodology used to calculate these estimates. (2) 1997 Year-End estimates use $16.25 per barrel of oil and $2.325 per thousand cubic feet ("MCF") of gas compared to $23.75 per barrel and $3.57 per MCF of gas for the 1996 Year-End estimates.