BATL Remains Well Positioned to Weather the Storm Key Milestones Since Q2 2019 Managing Through Challenging Environment Strengthened Hedge Position Cut Capital Program Health & Safety Continue to reduce EHS impact due to COVID-19…
Environmental, Health & Safety / Social / Governance Precision Rig Monument / Pecos, Texas Results of BATL Food Drive / Houston, Texas BATL Field Personnel Everest CPF / Pecos, Texas Committed to zero flaring from rigs without a…
Immediate Reaction to Market Conditions Current Leasehold Position: 48,500 Net Acres / 2,000+ Gross Total Drilling Locations Wells returning online to 11,000 Net Bopd (Q220 exit rate) after strategically shut in 7,000 Net Bopd May 1,…
Monument Draw: Performance Update Ongoing Drivers of Value Recent & Offset Cumulative Production (MBo) Proactive workover & production optimization underway 60 Frac optimization driving well performance & cost savings 50…
Q2 2020 Key Financial Highlights Capitalization & Liquidity Summary Adjusted LTM EBITDA of 98 MM 75% growth from 56 MM Adjusted LTM EBITDA Q2 2019 0,000 06/30/20 Q2 2020 Adjusted EBITDA of 23 MM vs 23 MM in Q1 2020 RBL Indebtedness…