2019 Highlights ACCELERATING RETURN OF CAPITAL Repurchasing up to 400MM of shares over the next 24 months Reduced debt by 330MM during 2019 RECEIVED 550MM+ IN PROCEEDS WPX Sold equity interest in Whitewater/ORYX II & divested…
Key Factors Driving Our Delaware Success TOP-TIER WELL COSTS 2-mile well costs down 22% (2018 vs. 2Q19) EDDY LEA STRONG WELL RESULTS Growing oil production Q/Q in 2019 NEW MEXICO TEXAS TECHNICAL INNOVATOR LOVING WINKLER…
Key Factors Driving Our Williston Success WILLIAMS WORLD CLASS ROCK WPX acreage in core of the basin MOUNTRAIL CONTROLLING COSTS Well costs in-line with guidance with room for upside MCKENZIE MCLEAN GENERATING FREE…