May 2023 (NYSE: CRGY) Accretive Eagle Ford Bolt-On; Acquires Operated Interest in Existing Non-Operated Assets CRESCENT ENERGY
Attractive Acquisition with Significant Upside Crescent Has Entered into a Definitive Purchase Agreement to Acquire Operatorship and Incremental Working Interest in Existing Eagle Ford Assets for 600 Million Expected to close early in…
Enhanced Eagle Ford Scale and Operational Control Gains Operatorship and Eagle Ford Key Metrics Working Interest in Asset Pro Increase / Existing Asset Acquisition Forma (Decrease) Control of development inventory and resource Net…
Significantly Expands Position and Long-Term Opportunity Crescent is a long-standing operator in the Eagle Ford with a proven ability to scale and capture operational upside Why We Like the Eagle Ford Stable, low decline…
Track Record of Growth Through Accretive Acquisitions Crescent Consistent Strategy Since 2011(1) Acquisitions 6 Disciplined, opportunistic acquisition history 4 3 Divested Operated Permian Position Eagle Ford in Q422…
Non-GAAP Measures Present value (discounted at PV-10) is not a financial measure calculated in accordance with GAAP because it does not include the effects of income taxes on future net revenues. PV-10 does not represent an estimate of…
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