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2019 Environmental Social & Governance Summary – Vine Energy Inc.

Vine Energy Inc. · Jan 1, 2020 · 20 slides

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Slides

  1. 2019 Environmental Social & Governance Summary – Vine Energy Inc. – slide 1
    2019 Environmental, Social & Governance Summary
  2. 2019 Environmental Social & Governance Summary – Vine Energy Inc. – slide 2
    TABLE OF CONTENTS I. INTRODUCTION 3-5 II. OUR PURPOSE 6-7 III. BENEFITS OF NATURAL GAS 8 - 10 IV. SAFETY OUR TOP PRIORITY 11 V. ENVIRONMENTAL STEWARDSHIP 12 - 15 VI. GOVERNANCE PRINCIPLES 16 VII. SOCIAL CONTRIBUTION…
  3. 2019 Environmental Social & Governance Summary – Vine Energy Inc. – slide 3
    MESSAGE FROM THE CEO On behalf of Vines dedicated professionals and our partner, The Blackstone Group, Im pleased to present our 2019 Environmental, Social and Governance Report which describes our unwavering commitment to safely and…
  4. 2019 Environmental Social & Governance Summary – Vine Energy Inc. – slide 4
    COMPANY OVERVIEW Simple. Pure. Focused. Vine Energy, Inc. (Vine) was established in 2021 following the OPERATED AVERAGE 1.5% OF U.S. combination of privately held predecessor companies Vine Oil & PRODUCTION NATURAL GAS Gas, Brix Oil &…
  5. 2019 Environmental Social & Governance Summary – Vine Energy Inc. – slide 5
    OPERATIONS Haynesville & Mid-Bossier Shales Vine operates 120,000 net acres in the core of the Haynesville Basin and Average Operated Daily Production produces approximately 1.3 Bcf per day of natural gas across DeSoto, 1,200 Red River…
  6. 2019 Environmental Social & Governance Summary – Vine Energy Inc. – slide 6
    CORE VALUES At Our Core At Vine, we believe passion, discipline and determination are the tenets that build long-term value. Vines Code of Conduct and our Company policies provide the foundation for the way we operate our business.…
  7. 2019 Environmental Social & Governance Summary – Vine Energy Inc. – slide 7
    OUR PURPOSE Why We Do What We Do Vine harnesses the holistic benefits of natural gas to make a positive impact to the energy landscape. Since 2014, weve proudly developed more than 1 Tcf of reserves and invested more than 3 billion to…
  8. 2019 Environmental Social & Governance Summary – Vine Energy Inc. – slide 8
    CLEANER Higher Utilization of Natural Gas in Power Generation is Contributing to Lower Emissions Natural gas emits fewer greenhouse gases compared to energy sourced from other natural resources, and direct use emits 35% less CO2…
  9. 2019 Environmental Social & Governance Summary – Vine Energy Inc. – slide 9
    ABUNDANT The U.S. is the Largest Producer of Natural Gas and Will Soon Become the Largest Exporter In the year 2000, the United States imported 15 times more natural gas than it exported. Since then, emerging technologies unlocked a…
  10. 2019 Environmental Social & Governance Summary – Vine Energy Inc. – slide 10
    AFFORDABLE Natural Gas is Highly Competitive Compared to Alternatives Natural gas is cheaper than competing fuels, including electricity, fuel oil and propane, saving consumers and businesses valuable resources. The natural gas…
  11. 2019 Environmental Social & Governance Summary – Vine Energy Inc. – slide 11
    SAFETY Above All, Safety Matters Most This is the inscription on every Vine hard hat. Safeguarding our people and the communities in which we operate permeates the Vine DNA. Each year, Vine employees receive over 1,000 hours of safety…
  12. 2019 Environmental Social & Governance Summary – Vine Energy Inc. – slide 12
    ENVIRONMENT Our Commitment to Cleaner Energy Vine has achieved the milestone of producing over 1 Bcf of natural gas on a daily basis while also reducing our methane emissions every year since 2017. We are committed to safe, clean and…
  13. 2019 Environmental Social & Governance Summary – Vine Energy Inc. – slide 13
    AIR Emissions Per Unit of Production (CO2e/Bcf) Emissions Management 666 599 530 Despite growing production (+11% 2019 vs. 2018) and higher development activity, our total emissions have decreased by 5%. Vines methane intensity (MI)…
  14. 2019 Environmental Social & Governance Summary – Vine Energy Inc. – slide 14
    LAND Total Acres per Megawatt by Energy Source Land Natural gas disturbs 70.6 82% fewer acres than Vine is focused on producing clean, affordable and reliable energy while wind and 71% fewer acres than solar 43.5 minimizing our…
  15. 2019 Environmental Social & Governance Summary – Vine Energy Inc. – slide 15
    WATER Cemented Steel Casing Protects Aquifer Water Vine meets or exceeds all Louisiana regulatory requirements in the development of our natural gas resources. Efficient and responsible use of water is a critical focus across our…
  16. 2019 Environmental Social & Governance Summary – Vine Energy Inc. – slide 16
    GOVERNANCE Corporate Governance Vines long-standing policy is to comply with the letter and spirit of the laws that govern the Companys business, and to adhere to the highest ethical standards. Vine expects each employee to comply…
  17. 2019 Environmental Social & Governance Summary – Vine Energy Inc. – slide 17
    SOCIAL Community Impact 1.4 billion Annual Economic Contributions 3-year Vine is committed to making a positive impact in the communities in Financial which we live and operate. Over the past 3 years, we invested over 1.4 Impact…
  18. 2019 Environmental Social & Governance Summary – Vine Energy Inc. – slide 18
    SOCIAL People Initiatives Diverse Workforce Vine encourages innovation from our employees. We constantly Vines diversity initiatives begin at the top. Of our seven strive to create operational efficiencies which also reduce our…
  19. 2019 Environmental Social & Governance Summary – Vine Energy Inc. – slide 19
    Appendix Glossary Bcf (billion cubic feet) unit of measure to express production rates MM one million of natural gas MMBtu one million British thermal units (see Btu) Btu (Bristish thermal unit) the quantity of heat required to raise…
  20. 2019 Environmental Social & Governance Summary – Vine Energy Inc. – slide 20

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