| Schedule of Derivative Contracts |
Commodity derivative instruments | | Location of gain (loss) recognized in income on derivative contracts | | Three Months Ended June 30, 2026 | | | Six Months Ended June 30, 2026 | | Realized gain (loss) on derivative contracts | | Other income (expense) Net income (loss) on derivative contracts | | $ | (8,100 | ) | | $ | (11,475 | ) | Unrealized gain (loss) on derivative contracts | | Other income (expense) Net income (loss) on derivative contracts | | | 13,114 | | | $ | (14,777 | ) | Net income (loss) on derivative contracts | | | | $ | 5,014 | | | $ | (26,252 | ) |
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| Schedule of Open Crude Oil and Natural Gas Derivative Contracts |
Crude Oil - Three Way Collars | | | Producer Three-Way Collars (Summary of Three Separate Contracts) | | | Participating Three-Way Collars (Summary of Three Separate Contracts) | | Date | | Volume (Boe) | | | Put Sold ($/Boe) | | | Put Bought ($/Boe) | | | Call Sold ($/Boe) | | | Volume (Boe) | | | Put Bought ($/Boe) | | | Call Sold ($/Boe) | | | Call Bought ($/Boe) | | 3Q 2026 | | | 31,800 | | | $ | 45.00 | | | $ | 55.00 | | | $ | 67.65 | | | | 24,400 | | | $ | 54.00 | | | $ | 62.50 | | | $ | 80.00 | | 4Q 2026 | | | 29,700 | | | $ | 45.00 | | | $ | 55.00 | | | $ | 67.65 | | | | 66,900 | | | $ | 54.00 | | | $ | 62.50 | | | $ | 80.00 | | FY 2026 | | | 61,500 | | | $ | 45.00 | | | $ | 55.00 | | | $ | 67.65 | | | | 91,300 | | | $ | 54.00 | | | $ | 62.50 | | | $ | 80.00 | | 1Q 2027 | | | 27,400 | | | $ | 45.00 | | | $ | 55.00 | | | $ | 71.55 | | | | 127,700 | | | $ | 54.00 | | | $ | 62.50 | | | $ | 80.00 | | 2Q 2027 | | | 26,200 | | | $ | 45.00 | | | $ | 55.00 | | | $ | 71.55 | | | | 163,700 | | | $ | 54.00 | | | $ | 62.50 | | | $ | 80.00 | | 3Q 2027 | | | 25,200 | | | $ | 45.00 | | | $ | 55.00 | | | $ | 71.55 | | | | 163,300 | | | $ | 54.00 | | | $ | 62.50 | | | $ | 80.00 | | 4Q 2027 | | | 24,200 | | | $ | 45.00 | | | $ | 55.00 | | | $ | 71.55 | | | | 129,800 | | | $ | 54.00 | | | $ | 62.50 | | | $ | 80.00 | | FY 2027 | | | 103,000 | | | $ | 45.00 | | | $ | 55.00 | | | $ | 71.55 | | | | 584,500 | | | $ | 54.00 | | | $ | 62.50 | | | $ | 80.00 | | 1Q 2028 | | | - | | | | - | | | | - | | | | - | | | | 114,100 | | | $ | 54.00 | | | $ | 62.50 | | | $ | 80.00 | | 2Q 2028 | | | - | | | | - | | | | - | | | | - | | | | 128,000 | | | $ | 54.00 | | | $ | 62.50 | | | $ | 80.00 | | 3Q 2028 | | | - | | | | - | | | | - | | | | - | | | | 123,000 | | | $ | 54.00 | | | $ | 62.50 | | | $ | 80.00 | | 4Q 2028 | | | - | | | | - | | | | - | | | | - | | | | 39,100 | | | $ | 54.00 | | | $ | 62.50 | | | $ | 80.00 | | FY 2028 | | | - | | | | - | | | | - | | | | - | | | | 404,200 | | | $ | 54.00 | | | $ | 62.50 | | | $ | 80.00 | |
Crude Oil - Swaps and Costless Collars | | | Swaps | | | Costless Collars | | Date | | Volume (Boe) | | | Avg. Price ($/Boe) | | | Volume (Boe) | | | Floor Price ($/Boe) | | | Celing Price ($/Boe) | | 3Q 2026 | | | 180,000 | | | $ | 69.09 | | | | 71,170 | | | $ | 54.87 | | | $ | 70.24 | | 4Q 2026 | | | 105,000 | | | $ | 68.51 | | | | 77,083 | | | $ | 54.63 | | | $ | 68.55 | | FY 2026 | | | 285,000 | | | $ | 68.87 | | | | 148,253 | | | $ | 54.75 | | | $ | 69.36 | | 1Q 2027 | | | 30,000 | | | $ | 64.90 | | | | 54,900 | | | $ | 54.00 | | | $ | 64.00 | | 2Q 2027 | | | 30,000 | | | $ | 64.90 | | | | 9,900 | | | $ | 54.00 | | | $ | 64.00 | | 3Q 2027 | | | 30,000 | | | $ | 64.90 | | | | 1,700 | | | $ | 54.00 | | | $ | 64.00 | | 4Q 2027 | | | 30,000 | | | $ | 64.90 | | | | 1,800 | | | $ | 54.00 | | | $ | 64.00 | | FY 2027 | | | 120,000 | | | $ | 64.90 | | | | 68,300 | | | $ | 54.00 | | | $ | 64.00 | |
Natural Gas | | | Swaps | | | Costless Collars | | Date | | Volume (Mcf) | | | Avg. Price ($/mcf) | | | Volume (Mcf) | | | Floor Price ($/mcf) | | | Ceiling Price ($/mcf) | | 3Q 2026 | | | 247,500 | | | $ | 3.95 | | | | 17,200 | | | $ | 3.50 | | | $ | 5.21 | | 4Q 2026 | | | 234,100 | | | $ | 3.95 | | | | 18,700 | | | $ | 3.50 | | | $ | 5.21 | | FY 2026 | | | 481,600 | | | $ | 3.95 | | | | 35,900 | | | $ | 3.50 | | | $ | 5.21 | | 1Q 2027 | | | - | | | | - | | | | 237,000 | | | $ | 4.00 | | | $ | 5.25 | | 2Q 2027 | | | 209,000 | | | $ | 3.74 | | | | 16,900 | | | $ | 4.00 | | | $ | 5.12 | | 3Q 2027 | | | 201,900 | | | $ | 3.74 | | | | 16,900 | | | $ | 4.00 | | | $ | 5.12 | | 4Q 2027 | | | 151,200 | | | $ | 3.74 | | | | 11,500 | | | $ | 4.00 | | | $ | 5.12 | | FY 2027 | | | 562,100 | | | $ | 3.74 | | | | 282,300 | | | $ | 4.00 | | | $ | 5.23 | | 1Q 2028 | | | - | | | | - | | | | 122,700 | | | $ | 4.00 | | | $ | 4.62 | | 2Q 2028 | | | 118,100 | | | $ | 3.49 | | | | - | | | | - | | | | - | | 3Q 2028 | | | 115,100 | | | $ | 3.49 | | | | - | | | | - | | | | - | | 4Q 2028 | | | 37,900 | | | $ | 3.49 | | | | - | | | | - | | | | - | | FY 2028 | | | 271,100 | | | $ | 3.49 | | | | 122,700 | | | $ | 4.00 | | | $ | 4.62 | |
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