Investor Presentaiton
BUILDING A WINNING BUSINESS IN THE PERMIAN
Maximizing value of advantaged acreage position through technology and integration
ExxonMobil acreage
DELAWARE
BASIN
MIDLAND
BASIN
Central
Delivery
Point
10 MILES
•
Development plan leverages unique set of
competitive advantages:
Largest contiguous development in Permian,
> 65,000 acres at Poker Lake
Multi-well pad corridor approach
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Subsurface understanding
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Drilling and completion capability
Demonstrated success in large-scale project execution
Higher-value cube development
Step-out technology enhancements
Competitive advantages are key to achieving
double-digit returns at <$35/bbl
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Improving capital efficiency
Lowering operating cost
Increasing resource recovery
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