Large, contiguous acreage position in the core of the Midland and Delaware Basins
Low-risk, oil-rich resource base with rapid growth potential
Focus on optimal horizontal drilling and completion techniques to maximize returns
Multi-decade inventory of identified, highly economic drilling locations
Operations in Texas

Areas of Operation

The Permian Basin is an attractive operating area due to its multiple stacked horizontal target horizons, high oil and liquids-rich natural gas content, long-lived reserves with consistent reservoir quality, historically high drilling success rates, well-developed oilfield service provider network, substantial existing infrastructure, close proximity to end markets and favorable regulatory environment

500,000+
net effective horizontal acres

4,200+
net drilling locations

283 MMBoe
Pro Forma 2016 proved reserves