																								Value of initial fixed $100 investment based on:
Fiscal Year	Summary Compensation Table Total for PEO-1 ($)		^(a)	Summary Compensation Table Total for PEO-2 ($)		^(a)	Summary Compensation Table Total for PEO-3 ($)		^(a)	Compensation Actually Paid to PEO-1 ($)		^(b)	Compensation Actually Paid to PEO-2 ($)		^(b)	Compensation Actually Paid to PEO-3 ($)		^(b)	Average Summary Compensation Table Total for Other NEOs ($)		Average Compensation Actually Paid to Other NEOs ($)		^(b)	Total Shareholder Return ($)		^(c)	Peer Group Total Shareholder Return ($)		^(c)(d)	Net Income (in mm) ($)		^(e)	Free Cash Flow (in mm) ($)		^(f)
2024		8,974,550			–			–			15,216,744			–			–			3,683,954		5,257,339			269			196			(714	)		8
2023		7,404,561			–			–			2,254,556			–			–			2,938,424		1,353,086			202			198			2,419			551
2022		8,227,940			–			–			15,943,728			–			–			3,756,403		5,873,256			237			191			4,936			2,302
2021		7,688,937			2,204,135			7,108,735			7,949,767			2,745,943			7,108,735			2,190,177		2,314,423			146			131			6,328			1,053
2020		–			–			10,620,155			–			–			6,784,742			3,473,533		2,386,570			–			–			(9,750	)		22

	(a)	Amounts shown as reported in the Summary Compensation Table for Domenic (“Nick”) Dell’Osso, Jr. (PEO-1), Michael A. Wichterich (PEO-2) and Robert D. (“Doug”) Lawler (PEO-3). Mr. Dell’Osso was promoted from Executive Vice President and Chief Financial Officer in October 2021. The largest portion of his compensation in 2021 was earned as our Executive Vice President and Chief Financial Officer; however, because he served as our principal executive officer during a portion of that year, we have included his compensation separately for that year. During 2020, Mr. Dell’Osso’s compensation is part of the average compensation of the Other NEOs.
	(b)	Amounts shown represent compensation actually paid (CAP) and include adjustments for the changes in the fair values of PSU and RSU awards reported in the Summary Compensation Table (SCT) for Messrs. Dell’Osso (PEO-1), Wichterich (PEO-2) and Lawler (PEO-3) and for the average of the Other NEOs Messrs. Singh, Viets, Lacy and Russ for 2024, Messrs. Singh, Viets and Russ for 2023, Messrs. Singh, Viets, Russ and Wichterich for 2022, Messrs. Singh, Russ, Frank J. Patterson and James R. Webb for 2021, and Messrs. Dell’Osso, Patterson, Webb and William M. Buergler for 2020. To calculate the CAP, the following amounts were deducted and added to the SCT Total:

	2024				2023					2022				2021								2020
Reconciliation of Compensation Actually Paid	PEO-1 ($)		Average for Other NEOs ($)		PEO-1 ($)			Average for Other NEOs ($)		PEO-1 ($)		Average for Other NEOs ($)		PEO-1 ($)		PEO-2 ($)		PEO-3 ($)		Average for Other NEOs ($)		PEO-3 ($)		Average for Other NEOs ($)
Summary Compensation Table Total		8,974,550		3,683,954		7,404,561			2,938,424		8,227,940		3,756,403		7,688,937		2,204,135		7,108,735		2,190,177		10,620,155		3,473,533
Reported Value of Equity Awards		(6,269,809)		(2,080,054)		(5,149,927)			(1,830,657)		(6,434,727)		(2,664,967)		(5,699,725)		(1,389,459)		–		(746,831)		(300,000)		(300,000)
Adjustments
Year End Fair Value of Awards Granted in Current Year		7,597,004		2,411,005		3,765,177			1,338,419		8,745,322		3,627,297		5,930,840		1,904,208		–		866,853		–		–
Change in Fair Value of Awards Granted in Prior Years		3,111,802		1,020,737		(4,150,649)			(1,205,564)		4,092,607		741,003		–		–		–		–		–		–
Change in Fair Value of Awards Granted in Prior Years that Vested in Current Year		1,346,158		90,274		(207,740	)		(78,623)		181,605		14,857		–		–		–		–		(408,333)		(155,474)
Prior Year End Fair Value of Awards that were Forfeited in the Current Year		–		–		–			–		–		–		–		–		–		–		(3,127,080)		(631,489)
Value of Dividends Paid on Awards		457,039		131,423		593,134			191,087		1,130,981		398,663		29,715		27,059		–		4,224		–		–
Total Equity Award Adjustments		12,512,003		3,653,439		(78)			245,319		14,150,515		4,781,820		5,960,555		1,931,267		–		871,077		(3,535,413)		(786,963)
Compensation Actually Paid		15,216,744		5,257,339		2,254,556			1,353,086		15,943,728		5,873,256		7,949,767		2,745,943		7,108,735		2,314,423		6,784,742		2,386,570

	(c)	Total Shareholder Return, in accordance with Item 201(e) of Regulation S-K, is calculated based on the value of an initial $100 fixed investment and assumes the rein- vestment of any issued dividends. TSR is cumulative for the measurement periods beginning on February 10, 2021 (our date of emergence) and ending on December 31 of each of 2024, 2023, 2022 and 2021.
	(d)	The peer group for purposes of this table is the S&P Oil & Gas Exploration & Production Select Industry Index which is the same index referenced in the common stock Performance Graph within our Annual Report for the year ended December 31, 2024. Peer Group Total Shareholder Return is calculated on a market capitalization weighted basis according to stock market capitalization at the beginning of each period for which a return is indicated.
	(e)	Represents the amount of net income (loss) previously disclosed in the Company’s audited GAAP financial statements for each year. We emerged from bankruptcy on February 10, 2021. Net income for the fiscal year ended December 31, 2021 represents the sum of net income derived from the period from January 1, 2021 through February 9, 2021 and net income derived from the period from February 10, 2021 through December 31, 2021.
	(f)	Free Cash Flow is a non-GAAP measure and is defined as net cash provided by (used in) operating activities (GAAP) less cash capital expenditures. See Appendix — Reconciliation of Non-GAAP Financial Measures, beginning on page 71.

Named Executive Officers, Footnote

(a)Amounts shown as reported in the Summary Compensation Table for Domenic (“Nick”) Dell’Osso, Jr. (PEO-1), Michael A. Wichterich (PEO-2) and Robert D. (“Doug”) Lawler (PEO-3). Mr. Dell’Osso was promoted from Executive Vice President and Chief Financial Officer in October 2021. The largest portion of his compensation in 2021 was earned as our Executive Vice President and Chief Financial Officer; however, because he served as our principal executive officer during a portion of that year, we have included his compensation separately for that year. During 2020, Mr. Dell’Osso’s compensation is part of the average compensation of the Other NEOs.

Adjustment To PEO Compensation, Footnote

(b)Amounts shown represent compensation actually paid (CAP) and include adjustments for the changes in the fair values of PSU and RSU awards reported in the Summary Compensation Table (SCT) for Messrs. Dell’Osso (PEO-1), Wichterich (PEO-2) and Lawler (PEO-3) and for the average of the Other NEOs Messrs. Singh, Viets, Lacy and Russ for 2024, Messrs. Singh, Viets and Russ for 2023, Messrs. Singh, Viets, Russ and Wichterich for 2022, Messrs. Singh, Russ, Frank J. Patterson and James R. Webb for 2021, and Messrs. Dell’Osso, Patterson, Webb and William M. Buergler for 2020. To calculate the CAP, the following amounts were deducted and added to the SCT Total:

	2024				2023					2022				2021								2020
Reconciliation of Compensation Actually Paid	PEO-1 ($)		Average for Other NEOs ($)		PEO-1 ($)			Average for Other NEOs ($)		PEO-1 ($)		Average for Other NEOs ($)		PEO-1 ($)		PEO-2 ($)		PEO-3 ($)		Average for Other NEOs ($)		PEO-3 ($)		Average for Other NEOs ($)
Summary Compensation Table Total		8,974,550		3,683,954		7,404,561			2,938,424		8,227,940		3,756,403		7,688,937		2,204,135		7,108,735		2,190,177		10,620,155		3,473,533
Reported Value of Equity Awards		(6,269,809)		(2,080,054)		(5,149,927)			(1,830,657)		(6,434,727)		(2,664,967)		(5,699,725)		(1,389,459)		–		(746,831)		(300,000)		(300,000)
Adjustments
Year End Fair Value of Awards Granted in Current Year		7,597,004		2,411,005		3,765,177			1,338,419		8,745,322		3,627,297		5,930,840		1,904,208		–		866,853		–		–
Change in Fair Value of Awards Granted in Prior Years		3,111,802		1,020,737		(4,150,649)			(1,205,564)		4,092,607		741,003		–		–		–		–		–		–
Change in Fair Value of Awards Granted in Prior Years that Vested in Current Year		1,346,158		90,274		(207,740	)		(78,623)		181,605		14,857		–		–		–		–		(408,333)		(155,474)
Prior Year End Fair Value of Awards that were Forfeited in the Current Year		–		–		–			–		–		–		–		–		–		–		(3,127,080)		(631,489)
Value of Dividends Paid on Awards		457,039		131,423		593,134			191,087		1,130,981		398,663		29,715		27,059		–		4,224		–		–
Total Equity Award Adjustments		12,512,003		3,653,439		(78)			245,319		14,150,515		4,781,820		5,960,555		1,931,267		–		871,077		(3,535,413)		(786,963)
Compensation Actually Paid		15,216,744		5,257,339		2,254,556			1,353,086		15,943,728		5,873,256		7,949,767		2,745,943		7,108,735		2,314,423		6,784,742		2,386,570

Non-PEO NEO Average Compensation Actually Paid Amount

$ 5,257,339

1,353,086

5,873,256

2,314,423

2,386,570

Compensation Actually Paid vs. Total Shareholder Return

Compensation Actually Paid vs. TSR

Compensation Actually Paid vs. Company Selected Measure

Compensation Actually Paid vs. Free Cash Flow

Tabular List, Table

Most Important Performance Measures

The items listed below represent the most important metrics we used to determine CAP for 2024.

Absolute Total Shareholder Return	Relative Total Shareholder Return	Free Cash Flow

Capital Efficiency	Cash Generation	Sustainability Performance

Peer Group Total Shareholder Return Amount

196

198

191

131

Company Selected Measure Amount

8,000,000

551,000,000

2,302,000,000

1,053,000,000

22,000,000

Name

Absolute Total Shareholder Return