South Texas
FOCUSED ON EXECUTION AND RETURNS ENHANCEMENT
2023 Operating Plan
2023 Plan Details
• 2023 net wells planned: drill 40 – 45; complete ~40
• ~9,800′ expected average lateral feet per well
• ~37% Boe PDP decline expected (YE22 – YE23)
Marketing Update
• Natural Gas transportation costs expected to decrease an additional ~$0.35/Mcf in mid 2023
Operating Details*
*as of March 31, 2023
