Investor Presentaiton

Located in an Attractive Neighborhood Bexar Atascosa ☐ B Wilson onzales MAGNOLIA OIL & GAS De Witt Eagle Ford - Karnes Trough Area Fluid Windows Magnolia BP Oil EOG Wet Gas MRO Dry Gas COP Core position in Karnes County Oil Window adjacent to EOG and Marathon with $28 to $32/barrel breakevens (¹) and typically less than 1-year new well paybacks (1) Source: RSEG 11

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