Unit Corporation - EnerCom, Inc.
Unit Corporation - EnerCom, Inc.
Unit Corporation - EnerCom, Inc.
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Wilcox Liquids Play<br />
WILCOX HIGHLIGHTS<br />
“Gilly” Field<br />
Discovery<br />
• Completed 122 wells since 2003 with 73% success rate<br />
• 72,000 net acres<br />
“Gilly” Field Discovery – announced July 2012<br />
• Total reserve potential = 168 Bcfe net (262 Bcfe gross)<br />
<strong>Unit</strong> Prospect Area<br />
• Eight Wilcox potential pay zones (4 zones currently<br />
producing)<br />
• Six “Gilly” Field producing wells<br />
Average 255’ net potential pay/well<br />
• Estimated AFE CWC: $5.4 million<br />
“Gilly” Field Discovery<br />
1,000 Acres<br />
2013 ACTIVITY<br />
• Q1 2013 = average net 35 Mmcfe per day (42% NGLs)<br />
Completed wells<br />
2013 wells<br />
Future wells<br />
• One - two <strong>Unit</strong> rigs in Wilcox<br />
• 12 gross wells (includes 4 Gilly field vertical wells / 7 other<br />
prospects / one horizontal well)<br />
• Estimate capital expenditures $60 million net<br />
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