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Investor Presentaiton

12 I BOEPD(1) 4,000 3,000 2,000 1,000 Substantially Building Daily Barrels Through Acquisitions Daily Production 9,000 Jonah Field Williston Basin 8,000 Barnett Shale Delhi Field Hamilton Dome Acquisition of Jonah Field April 2022 7,000 6,000 Low decline assets provide Acquisition of Barnett Shale May 2021 Acquisition of Williston Basin January 2022 5,000 20+ years of reserves life (2) 0 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Sep-19 Notes: 1. Gas conversion ratio of 6:1; NGL ratio of 1:1 2. FYE2022 reserves prepared by DeGolyer & MacNaughton and Netherland, Sewell & Associates, Inc. as of 7/1/2022 at 6/30/2022 SEC prices of $5.19/MMBTU and $85.82/bbl. Acquisition of Hamilton Dome Field November 2019 Dec-19 Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 AEVOLUTION Petroleum Corporation
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