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Positioned for Profitable Growth

About the Play

STACK/SCOOP

A century of experience on the ground.

In Oklahoma we hold net acreage with rights to the Woodford, Springer, Meramec, Osage, Oswego, Granite Wash and other Pennsylvanian and Mississippian plays, with a majority of this in the SCOOP and STACK. And our company history in Oklahoma dates back more than 100 years,

In 2020, we expect to bring 30 - 40 gross operated wells to sales in Oklahoma. Activity is expected to be more weighted to SCOOP.

A Clear Approach
Our strategy is focused on lower cost, higher margin U.S. resource plays. With operations in four of the best oil-rich basins in the U.S., we are positioned for long term growth.

Recent Performance
STACK/SCOOP

4Q 2019 Performance

Below are a few highlights from our recent activity in the STACK/SCOOP. With a more concentrated program and strong production and cost performance, the Oklahoma asset successfully transitioned to positive free cash flow generation during fourth quarter 2019.
82,000
Net BOED* average production in 4Q 2019
barrels of oil equivalent per day
40%
Improved drilling feet per day in 4Q 2019 vs 2018 average
15%
Decreased completed well costs per lateral foot in 2019 vs 2018 average
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