Q3 2023 Earnings Presentation
Portfolio Built to Deliver Sustainable Performance
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PREMIER MULTI-BASIN PORTFOLIO
Acreage resides in top U.S. resource plays
Underpinned by world-class Delaware Basin position
DIVERSIFIED COMMODITY MIX
Balanced exposure to oil, NGLS & natural gas production
Access to premium markets improves realized pricing
OUR SUSTAINABLE PLATFORM
MULTI-DECADE
RESOURCE OPPORTUNITY
WILLISTON BASIN
54 MBOED
POWDER RIVER BASIN
19 MBOED
E
OPERATING SCALE ENHANCES PROFITABILITY
Low-cost structure drives differentiated margins
Track record of improving efficiencies & lowering cost of supply
A
DEEP INVENTORY OF REPEATABLE OPPORTUNITIES
Possess 12 years of low-risk development inventory
Upside from ongoing appraisal (>1.2 million acres in U.S. resource plays)
| Q3 2023 Earnings Presentation
DELAWARE BASIN
440 MBOED
ANADARKO BASIN
80 MBOED
EAGLE FORD
68 MBOED
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