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Investor Presentaiton

Innovation Setting the Pace Top tier completions efficiencies Permian Record completion performance: 5,462 ft/day Innovating to solve supply chain challenges Record sand pumped: 16.1 MMlbs/day +20% 2Q22 Performance 2Q22 Avg vs. 2021 Avg Anadarko Montney Continuing to achieve strong drilling results Record drilling performance: 2,834 ft/day Efficient simul-frac program Record water pumped: 205K Bbls/d +20% 2Q22 Performance 2Q22 Avg vs. 2021 Avg Stacked innovation setting drilling records Record drilling performance: 2,769 ft/day Continued LL extension driving efficiencies Record TIL average of >10.3K feet in FY22 is up ~9% YoY +7% 2Q22 performance 2Q22 Avg vs. 2021 Avg Ovintiv™ Completion Speed (ft/day) 5,462 2,826 3,379 2021 2Q22 Pacesetter Drilling Speed (ft/day) 2,834 2,129 1,760 2021 2Q22 Pacesetter Drilling Speed (ft/day) 2,769 1,812 1,933 2021 2Q22 Pacesetter Drilling & Completions Efficiencies Critical In Today's Inflationary Environment 7
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