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  "docId": "019de517-46b8-709a-b3ee-8ce956474fea",
  "docSlug": "2bea55dd83ec2a2d459f73bf71578606",
  "documentTitle": "Granite Ridge | Investor Presentation Deck | 28 slides",
  "authorId": "granite-ridge",
  "authorName": "Granite Ridge Resources",
  "documentKindSlug": "pitchdeck",
  "documentKindLabel": "Pitch deck",
  "sourceTypeSlug": "investor_relations",
  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-11-01 00:00:00",
  "orientation": "landscape",
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  "pageNumber": 12,
  "pageCount": 28,
  "prevPage": 11,
  "nextPage": 13,
  "slideType": "market_sizing",
  "function": "size_opportunity",
  "density": "overcrowded",
  "nDataPoints": 30,
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  "slideHref": "/slides/019de517-46b8-709a-b3ee-8ce956474fea/12",
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      "kind": "chart",
      "text": "Record Quarterly Deal Flow Despite Rig Count Drop 3\nDeal Flow\nAverage Rig Count\nQ1 '22 Q2 '22 Q3 '22 Q4 '22 Q1 '23 Q2 '23 Q3 '23\n92 94 90 122 178 183 177\n504 573 590 602 602 575 513",
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      "kind": "chart",
      "text": "Lookback: 2022 GRNT Opportunity Evaluations ($BN)\n$6.4BN Evaluated ~25% of 2022 est. Total Non-Op D&C Capex\n$1.1BN Bid\n$0.2BN Transacted on ~3% of screened opportunities Won",
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      "kind": "chart",
      "text": "GRNT Proven Track Record of Execution\nProduction CAGR: ~91%\nAnnual Boe/d\n2014 2015 2016 2017 2018 2019 2020 2021 2022\n19,765",
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      },
      "kind": "chart",
      "text": "Est. 2022 Shale D&C Capex Spending of $100 Billion 1,2\nOperator Ownership $75BN\nNon-Op Ownership $25BN",
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      },
      "kind": "image",
      "text": "GRANITE RIDGE",
      "attrs": {},
      "subkind": "logo",
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      "kind": "list",
      "text": "Publicly Traded Non-Op Capex $0.8BN\nRemaining Non-Op Market $24.2BN",
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      "kind": "list",
      "text": "Overview\nAssets\nStrategy & Execution\nAppendix",
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      },
      "kind": "paragraph",
      "text": "Only 3% of annual non-op capex is addressed by publicly traded non-op companies 2",
      "attrs": {},
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      "kind": "source-note",
      "text": "1. Utilizes data and articles published by Rystad Energy.\n2. Per SEC filings or other materials publicly available for GRNT, NOG and VTS.\n3. In our primary target basins: Permian, DJ, Haynesville, Marcellus, Utica, Eagle Ford, and Williston. Source: Baker Hughes 8/4/2023 Rig Count.",
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      "kind": "title",
      "text": "Burgers & Beer: Opportunity + Proven Growth",
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      "arcName": "The Sequoia Pitch",
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      "objective": "Why now is the right time to invest in Granite Ridge Resources",
      "structure": "The Context (Trends) -> The Trigger Event -> The Window of Opportunity",
      "confidence": 0.7,
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      "name": "Quick Win Big Bet",
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