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Re: None

Tuesday, 11/09/2021 4:28:53 PM

Tuesday, November 09, 2021 4:28:53 PM

Post# of 864
Looks fantastic to me.

-- Third quarter net cash(1) increased by $28.4 million quarter-over-quarter
to $99.0 million. Total cash and cash equivalents was $99.0 million as of
September 30, 2021.

-- In early September, the Company repaid its $20 million term loan in full
and terminated its existing credit facility. As of September 30, 2021,
the Company had no remaining term debt or revolving debt obligations.

-- Total third quarter net production was 18.7 MBoed compared to 19.0 MBoed
in the prior quarter.

-- Third quarter net income was $28.6 million, or $0.78 per share, compared
to net income of $16.3 million, or $0.45 per share in the prior quarter.

-- As of September 30, 2021, the Company returned 106 wells to production
that were previously curtailed due to the 2020 commodity price downturn.



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