Related Party Transactions

3 Months Ended

Mar. 31, 2023

Related Party Transactions [Abstract]

Related Party Transactions

17. Related Party Transactions

The Predecessor was founded by Kimmeridge Energy Management Company, LLC (collectively with its affiliates, “Kimmeridge”

or the “Manager”).

Predecessor Management Fees

The Predecessor entered into a management services arrangement with the Manager. For the three months ended March 31, 2022, the Manager earned and was paid approximately $1.9 million in management fees relating to management services. No such fees were earned or paid for the three months ended March 31, 2023. This management services arrangement terminated in connection with the Falcon Merger.