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Investor Presentaiton

Low Cost - Adjusted $/Permian Net Acre ($000's) $5.5 Southern Delaware Basin (TX) Northern Delaware Basin (NM) Midland Basin $47.4 $42.1 $39.6 $37.4 CENTENNIAL $32.6 $33.3 RESOURCE DEVELOPMENT NO $31.0 $31.0 $26.3 $27.1 $28.3 $28.5 I $24.2 $22.4 $19.5 $19.9 $20.1 $20.4 $17.5 A B C D ICDEV/CDEV/I E F G H I J K L M N O P 0 Source: CDEV 2Q presentation August 7, 2017 Houston American's purchase price was $5.5 per net acre. houston american 8
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