Jefferies Financial Group Investor Day Presentation Deck
Forward Business Plan
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Pay a regular fixed dividend
- $42 million distributed year to date during the first nine months of 2022
Participate in the conversion of our extensive inventory of undeveloped drilling locations to cash flowing assets
- $43 million of accrual basis drilling and completion capex year-to-date
▪ Review broad range of acquisition opportunities
- Acquisition team led by senior management
- Near-term development opportunities
- $20 million of acquisitions year-to-date
- Look for large, "fat pitch" acquisitions comprised of both undeveloped inventory and producing assets that are accretive to value per share
Hedge to reduce impact of volatility of oil prices and protect dividend
▪ Maintain conservative leverage below 1.0x Adjusted EBITDA
- $66 million outstanding on Credit Facility with a $200 million Borrowing Base as of August 31, 2022
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Vitesse
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