Investor Presentaiton

Differentiated Size and Scale in the Premier Oil Basin Significant Low-Cost Production Base 2023E Total Production (Mboe/d) 158 Scaled Oil Production Supports Strong Margins 2023E Oil Production (Mbo/d) 82 PR Differentiated Acreage Position in the Permian Permian Basin Net Acres (# 000s) 180 PDCE CHRD CIVI PR SM MTDR CPE ESTE MGY CHRD PDCE PR CIVI SM MTDR CPE ESTE MGY PR ESTE CPE MTDR SM PDCE CHRD CIVI MGY Note: Peer production figures based on consensus median estimates, acreage numbers from most recent public investor materials; PR production figures represent the mid-point of Preliminary 2023 Outlook 4

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