Q3 2023 Earnings Presentation

Inventory Underpins Long-Term Sustainability High-quality & multi-decade inventory Gross operated inventory locations (Avg. lateral length is ~2 miles) >20 YEAR UNRISKED INVENTORY (WITH APPRAISAL & TIGHTER SPACING) Williston & PRB Anadarko Eagle Ford Delaware ~12 YEAR RISKED INVENTORY (AT CURRENT ACTIVITY PACE) >400 wells online 2023 Program Note: Risked inventory represents locations generating >30% IRR at $65 WTI | Q3 2023 Earnings Presentation WTI & $3.25 HH. >4,500 locations Risked Inventory ($65 WTI & $3.25 HH) ~10,000 locations Unrisked Inventory 26

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