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  "documentTitle": "Granite Ridge | Investor Presentation Deck | 29 slides",
  "authorId": "granite-ridge",
  "authorName": "Granite Ridge Resources",
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  "presentationDate": "2023-08-01 00:00:00",
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      "text": "Delaware Basin - Reeves County",
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      "kind": "list",
      "text": "Einhorn Unit\nPremier operator at a compelling entry point\nEOG drilled 4 locations in 2021 and 8 in 2022",
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      "text": "Cordell Unit\nPartnered with a non-op to build critical mass\nRan competitive sell down process to bring in a premier operator to accelerate development",
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      "kind": "paragraph",
      "text": "Underwrote a leasing and acquisition strategy in the area after observing proximate activity by EOG",
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      "kind": "paragraph",
      "text": "Acquired, leased and farmed out 2,398 net acres representing 19.8 net wells for $800k/location",
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      "kind": "source-note",
      "text": "2. Assumes similar development pattern to EOG in the Einhorn Unit with 12 total wells (8 Wolfcamp A, 4 Wolfcamp B).",
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      "kind": "source-note",
      "text": "1. A well is assumed to be developed if it has been spud by 8/9/2023.",
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      "kind": "table",
      "text": "Unit Map ID Net Acres Total Net Locations 2 Net Locations Developed Net Remaining Inventory $ / Location Operator\nState Trivette A 393 1.6 0.1 1.5 $0.7MM Mewbourne\nState Cordell B 367 3.4 1.1 2.3 $1.0MM Mewbourne\nState CD C 503 4.7 0.4 4.3 $0.5MM Mewbourne\nState Einhorn D 612 5.2 5.2 - $1.0MM EOG\nState Finkel E 523 4.8 - 4.8 $0.9MM EOG\nTotal 2,398 19.8 6.9 12.9 $0.8MM",
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