GEODYNE ENERGY INCOME PROGRAMS 2004 YEAR-END ESTIMATED VALUATION ON A PER UNIT BASIS(1) CASH DISTRIBUTIONS PER UNIT ------------------------------- 2003 YEAR-END CUMULATIVE FORMATION UNIT 2004 YEAR END PER UNIT ESTIMATED 2004 DISTRIBUTIONS P/SHIP DATE SIZE ESTIMATED VALUATION(2) VALUATION(2) TOTAL THRU 12/31/200 P/SHIP - -------- ---------- ------------------------------- ------------- ---------------------- ------- <c> I-D 03/04/86 $1,000 $562.51 $564.24 $73.67 $2,400.25 I-D I-E 09/10/86 $1,000 $553.82 $527.67 $76.46 $1,702.96 I-E I-F 12/16/86 $1,000 $535.52 $472.88 $64.03 $1,563.70 I-F (1) This chart must be read in connection with the letter dated January 28, 2005, providing important assumptions and other information on the methodology used to calculate these estimates. (2) 2004 Year-End estimates use $43.36 per barrel of oil and $6.02 per thousand cubic feet ("MCF") of gas compared to $29.25 per barrel and $5.77 per MCF of gas for the 2003 Year-End estimates.