text: These acquisitions increased the Company’s net drilling locations and extended its drilling 
  inventory to almost 6 years assuming a two-rig program (at 18 wells per rig per year) in 
  both the Eagle Ford and Greater Anadarko (72 total wells per year). 
  7.0 
  
  Because of its successful drilling program and acreage acquisitions, 
  the Company increased Constant Case 1P Reserves by 5.3 MMBOE 
  (25 percent) to 26.0 MMBOE (PV10 of $531.7 million), compared to 
  20.7 mmboe at the beginning of the year (PV10 of $337.0 million). 
  This 25 percent Constant Case reserve increase is net of the disposed 
  DJ and Bakken 6.1 MMBOE reserves (PV10 of $78.2 million). 
  Excluding the disposed reserves, 1P Reserves increased 11.3 MMBOE 
  (77 percent). This increase in 1P Reserves, represents 5.5x the 
  
  6.0 
  5.0 
  4.0 
  3.0 
  2.0 
  1.0 
  
  JAN-15 
  
  Company’s production for its remaining assets (reserve replacement rate). The 2014 
  reserve replacement rate is among the highest of our peers. 