Unit Corporation - EnerCom, Inc.

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Track Record of Reserve Growth Proved Reserves (MMBoe) 160 150 2003 – 2012 CAGR: 15% 140 120 116 104 100 95 96 86 79 80 69 58 60 48 40 20 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Oil / NGLs Natural Gas Annual Reserve Replacement (1) 400% 337% Minimum Target: 150% 300% 285% 261% 221% 202% 200% 186% 166% 171% 176% 164% (2) 100% 113% 0% 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Stable and consistent economic growth of oil and natural gas reserves of at least 150% of each year’s production 222% average annual reserve replacement over last 29 years Reserve growth driven by Oklahoma and Texas activity and a shift from vertical to horizontal / liquids-rich drilling (1) The Company uses the reserve replacement ratio as an indicator of the Company's ability to replenish annual production volumes and grow its proved reserves, including by acquisition, thereby providing some information on the sources of future production. It should be noted that the reserve replacement ratio is a statistical indicator that has limitations. The ratio is limited because it typically varies widely based on the extent and timing of discoveries and property acquisitions. Its predictive and comparative value is also limited for the same reasons. In addition, since the ratio does not imbed the cost or timing of future production of new reserves, it cannot be used as a measure of value creation. (2) 164% based on previous SEC reporting standards. 6
<strong>Inc</strong>reasing Production while Improving Commodity Mix Annual Production (MBoe/d) 50 40 39 45 44 33 30 29 28 27 20 10 28% 55% 0 2008 2009 2010 2011 2012 2013E Net Wells Drilled: 134 43 88 82 80 7 Oil / NGLs Natural Gas Production Range
Page 1 and 2: EnerCom’s London Oil & Gas Confer
Page 3 and 4: Key Growth Points • Exploration &
Page 5: Core Upstream Producing Areas Marma
Page 9 and 10: Marmaton Oil Play Total 113,000 ne
Page 11 and 12: Mississippian Play Central Kansas U
Page 13 and 14: Margins / DayRates ($) $20,000 90 A
Page 15 and 16: Introducing the New BOSS Drilling R
Page 17 and 18: Historical Performance Historical D
Page 19 and 20: Balance Sheet Summary Total Assets
Page 21 and 22: Hedges Target 50-70% of current ye
Page 23 and 24: Adjusted Earnings per Share (1) $7.
Page 25 and 26: Forward-Looking Statement This pres
Page 27: Reconciliation of Adjusted Net Inco

Unit Corporation - EnerCom, Inc.

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