Quarterly report pursuant to Section 13 or 15(d)

SUBSEQUENT EVENTS

v3.23.3
SUBSEQUENT EVENTS
9 Months Ended
Sep. 30, 2023
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS SUBSEQUENT EVENTS
Credit Facility Redetermination
On October 27, 2023, the Company completed its semi-annual borrowing base redetermination during which the borrowing base was reaffirmed at $1.1 billion with elected commitments remaining at $900 million.
Natural Gas, Oil and NGL Derivative Instruments
Subsequent to September 30, 2023, as of October 26, 2023, the Company entered into the following derivative contracts:
Period Type of Derivative Instrument Index
Daily Volume
Weighted
Average Price
Natural Gas (MMBtu/d) ($/MMBtu)
2024
Costless Collars
NYMEX Henry Hub
45,000 
$3.10 / $3.77
2024
Basis Swaps
TETCO M2
50,000  $(0.99)
2025
Swaps
NYMEX Henry Hub
40,000  $4.04
NGL (Bbl/d) ($/Bbl)
2024
Swaps
Mont Belvieu C3
500  $30.03
2025
Swaps
Mont Belvieu C3
1,000  $30.03