Exhibit 99.2
EXHIBIT A
CLEANSING MATERIAL
Note: Free cash flow figures derived from the Company’s reserve database which are utilized in the calculation of PV-10 values differ from those used in the Company’s financial forecasts due primarily to the following factors:
| • | Production volumes – Volumes included in the financial forecasts are lower than those in the reserve database due to the application of downtime assumptions and risking due to potential timing differences. |
| • | Lease operating expenses – Utilizing the methodology prescribed by our third-party reservoir engineering firm, lease operating expenses in the reserve database do not include credits received from non-operating partners for water disposal or liquids gathering fees. |
| • | General and administrative (G&A) expense – The reserve database includes well- level COPAS overhead charges but omits other G&A expenses that are captured in the financial forecasts. |
| • | Capital expenditures – Capitalized G&A expenses and immaterial miscellaneous non-drilling and completion capital are included in the financial forecasts but not in the reserve database. |
PRIVILEGED AND CONFIDENTIAL / PRELIMINARY / FOR DISCUSSION PURPOSES ONLY
SUBJECT TO MATERIAL REVISION / SUBJECT TO FRE 408
(1) Represents the average EUR over the entire field (2) Rate of Return is an average of the actual wells’ performance |  |
PAR/CHI | (Multiple Items) | |||||||||||||||||||||||||||||
Row Labels | Sum of PW10 (FNR) | Sum of TOTAL CAPITAL COSTS | Sum of NET GAS (MCF) | Sum of NET OIL (BBL) | Sum of NET NGL (BBL) | Equiv (MCFE) | Row Labels | Sum of Well Count | ||||||||||||||||||||||
PA | $ | 456,507,335 | $ | 2,112,803,308 | 1,743,321,363 | — | — | 1,743,321,363 | PA | 974 | ||||||||||||||||||||
1DEV | $ | 112,068,060 | $ | 8,554,086 | 116,656,556 | — | — |
|
116,656,556 |
|
1DEV | 138 | ||||||||||||||||||
1PDP | $ | 112,068,060 | $ | 8,554,086 | 116,656,556 | — | — | 116,656,556 | 1PDP | 138 | ||||||||||||||||||||
4UNDEV | $ | 344,439,274 | $ | 2,104,249,222 | 1,626,664,807 | — | — | 1,626,664,807 | 4UNDEV | 836 | ||||||||||||||||||||
4PAFS | $ | 53,044,800 | $ | 159,373,840 | 145,391,973 | — | — | 145,391,973 | 4PAFS | 64 | ||||||||||||||||||||
5PRB | $ | 98,944,819 | $ | 350,595,564 | 295,760,465 | — | — | 295,760,465 | 5PRB | 131 | ||||||||||||||||||||
7POS | $ | 192,449,655 | $ | 1,594,279,818 | 1,185,512,369 | — | — | 1,185,512,369 | 7POS | 641 | ||||||||||||||||||||
UT | $ | 710,500,910 | $ | 995,009,095 | 758,432,642 | 45,328,635 | 2,568,765 | 1,045,817,040 | UT | 914 | ||||||||||||||||||||
1DEV | $ | 101,426,115 | $ | — | 10,811,664 | 7,097,249 | 144,690 | 54,263,298 |
1DEV |
|
138 |
| ||||||||||||||||||
1PDP | $ | 101,426,115 | $ | — | 10,811,664 | 7,097,249 | �� | 144,690 | 54,263,298 | 1PDP | 138 | |||||||||||||||||||
4UNDEV | $ | 609,074,795 | $ | 995,009,095 | 747,620,978 | 38,231,385 | 2,424,075 | 991,553,742 | 4UNDEV | 776 | ||||||||||||||||||||
4PAFS | $ | 28,374,043 | $ | 121,757,095 | 6,875,713 | 7,283,348 | 92,144 | 51,128,662 | 4PAFS | 96 | ||||||||||||||||||||
5PRB | $ | 21,006,383 | $ | 5,070,000 | 299,940 | 1,251,953 | 4,020 | 7,835,773 | 5PRB | 13 | ||||||||||||||||||||
7POS | $ | 559,694,370 | $ | 868,182,000 | 740,445,324 | 29,696,085 | 2,327,912 | 932,589,306 | 7POS | 667 | ||||||||||||||||||||
WY | $ | 6,829,357,850 | $ | 9,145,582,654 | 10,559,406,015 | 86,018,614 | 54,342,305 | 11,401,571,527 | WY | 6831 | ||||||||||||||||||||
1DEV | $ | 2,716,581,313 | $ | 351,002,518 | 2,281,931,421 | 17,979,601 | 10,836,432 | 2,454,827,617 |
1DEV |
|
2904 |
| ||||||||||||||||||
1PDP | $ | 2,672,588,684 | $ | 340,230,885 | 2,247,964,483 | 17,657,689 | 10,684,875 | 2,418,019,863 | 1PDP | 2887 | ||||||||||||||||||||
3PNP | $ | 43,992,629 | $ | 10,771,633 | 33,966,938 | 321,912 | 151,557 | 36,807,754 | 3PNP | 17 | ||||||||||||||||||||
4UNDEV | $ | 4,112,776,538 | $ | 8,794,580,136 | 8,277,474,594 | 68,039,013 | 43,505,873 | 8,946,743,910 | 4UNDEV | 3927 | ||||||||||||||||||||
4PAFS | $ | 3,361,776,255 | $ | 6,805,201,571 | 6,521,268,636 | 51,007,898 | 42,075,079 | 7,079,766,496 | 4PAFS | 3264 | ||||||||||||||||||||
5PRB | $ | 230,228,143 | $ | 578,237,576 | 505,939,147 | 4,532,655 | 1,353,942 | 541,258,727 | 5PRB | 323 | ||||||||||||||||||||
7POS | $ | 520,772,140 | $ | 1,411,140,989 | 1,250,266,811 | 12,498,461 | 76,852 | 1,325,718,686 | 7POS | 340 | ||||||||||||||||||||
Grand Total | $ | 7,996,366,095 | $ | 12,253,395,058 | 13,061,160,019 | 131,347,248 | 56,911,070 | 14,190,709,929 |
Grand Total |
|
8719 |
| ||||||||||||||||||