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  "presentationDate": "2022-10-01 00:00:00",
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  "notes": "The slide highlights the transition from SEC pricing to a pro-forma Titus acquisition valuation.",
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      "text": "~$35 per share",
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      "text": "Proved PV-10 Uplift from YE20. With estimated PD reserves composing ~80% of the total proved reserves value",
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      "text": "In Proved Reserves Value. Based on common shares outstanding and net debt",
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      "text": "Est. Proved Developed Value. Current PD reserves value is significantly higher than current enterprise value",
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      "text": "1. Estimated PD reserves value of $4.9 billion as of 8/1/22 at NYMEX strip pricing as of 7/27/22. See appendix for additional details. 2. Calculated as 8/1/22 estimated proved reserves value at NYMEX strip pricing as of 7/27/22 less net debt and divided by share count of ~139.7 million as of 10/11/22.",
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