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Investor Presentaiton

Unit Production Company Reserves Update The following table presents the components of the standardized measure of discounted future net cash flows: 2022 (In thousands) Future cash inflows Future production costs $ 2,918,116 (1,142,754) Future development costs Future income tax expenses $ (1,724) $ (355,350) Future net cash flows 10% annual discount for estimated timing of cash flows 1,418,288 $ (633,263) Standardized measure of discounted future net cash flows relating to proved oil, NGLs, and natural gas reserves $ 785,025 As of December 31, 2022: • SEC pricing PDP PV-10 value of $957 million¹ . $93.67/bbl oil and $6.36/mcf gas based on first-of-month prices • 7,681 MBO; 212 BCF; 20,132 MBNGL net reserve volume Future revenue attributed 25% to oil, 27% to NGL and 48% to gas • Strip pricing PDP PV10 value of $585 million¹ • • $75.48/bbl oil and $4.69/mcf gas based on strip pricing as of 1/3/2023 7,125 MBO; 195 BCF; 18,802 MBNGL net reserve volume using strip pricing Future revenue attributed 26% to oil, 29% to NGL and 45% to gas 1 See Appendix 2 for a reconciliation to the standardized measure UNIT CORPORATION 8
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