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  "documentTitle": "Earthstone Energy | Investor Conference Presentation Deck | 32 slides",
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  "authorName": "Earthstone Energy",
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  "presentationDate": "2023-08-01 00:00:00",
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      "text": "2H23 Midland Basin Activity\nSpud ~13 Gross (~12.0 Net) ~Operated Wells\nPut On Production ~21 Gross (~17.1 Net) Operated Wells",
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      "text": "2H23 Delaware Basin Activity\nSpud ~35 Gross (~22.9 Net) Operated Wells\nPut On Production ~26 Gross (~19.8 Net) Operated Wells2",
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      "text": "Note: Guidance is forward-looking information that is subject to considerable change and numerous risks and uncertainties, many of which are beyond Earthstone's control. See \"Forward-Looking Statements\".\nGuidance assumes Novo transaction closes on August 15th 2023.\n1. Cash G&A is a non-GAAP financial measure defined as general and administrative expenses excluding stock-based compensation.\n2. Does not include seven Novo wells expected to be Put on Production prior to closing.",
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      "text": "Expense & Capex Guidance\n1H23 Actuals\nESTE + Novo 2H23\nImplied FY23\nTotal Capital Expenditures ($MM)\n$377\n$348 - $398\n$725 - $775\nLease Operating Expense ($/Boe)\n$9.24\n$8.75 - $9.25\n$9.00 - $9.25\nProd & Ad Val Taxes (% of Revenue)\n8.3%\n8.5% - 9.0%\n8.4% - 8.7%\nCash G&A ($MM)¹\n$25\n$27.5 - $32.5\n$52.5 - $57.5",
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      "text": "Production Guidance\n1H23 Actuals\nESTE + Novo 3Q23\nESTE + Novo 4Q23\nImplied FY23\nProduction (Boe/d)\n104,974\n115,000 - 120,000\n130,000 - 135,000\n113,809 - 116,330\n% Oil\n43%\n41%\n41%\n42%\n% Liquids\n69%\n68%\n69%\n69%",
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