2018 Progress In-Depth MATERIAL Y/Y IMPROVEMENT 57% 24% 90% -49% -9% -12% 78% YEAR OVER YEAR YEAR OVER YEAR YEAR OVER YEAR YEAR OVER YEAR YEAR OVER YEAR YEAR OVER YEAR YEAR OVER YEAR 1,081 4.56x 82 479 21,577 5.9 6.6x 19,738 5.2…
Strong, Consistent Performance in Both Basins 400 DELAWARE UPDATE 350 THIRD BONE SPRING 300 2-MILE LATERALS 30-DAY AVG: 3,039 BOE/D CUMULATIVE MBOE 250 WOLFCAMP A 2-MILE LATERALS 200 90-DAY AVG: 2,826 BOE/D 150 o…
Premier Permian Midstream Portfolio ACREAGE DEDICATION STATELINE JOINT VENTURE 50,000 ACRES No drilling or volume commitment RETAINED BY WPX CRUDE GATHERING SYSTEM WATER SYSTEM GAS GATHERING GAS PROCESSING FACILITY LEA JV…
Shareholder Aligned Focus Driving Value 2019 ALIGNED WITH FOCUS SHAREHOLDERS CASH FLOW NEUTRAL CAPITAL DISCIPLINE 50 WTI, cash flow 50% of compensation metrics positive at current focused on spending within commodity prices…