Investor Presentaiton

D&C List Surging - Momentum Building for 2024 NOG's oil-weighted wells-in-process (D&C) list is at record levels, and the Company's recent investment cycle is poised to convert into production and cash flow over time. Diversity of regions remains important. Basin Share 100% 75% 50% 25% 0% Q1 Q2 2020 Q3 65.0 55.0 45.0 35.0 25.0 15.0 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2021 2022 2023 Permian Williston D&C List (Oil-Weighted Basins) Net D&C Wells Investor Presentation November 2023 | 13 NOG

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