In preparation for closing, we will hold our second Summit workshop this week to confirm we have a clear and
actionable plan for Day 1 when we officially become one legal entity.
Thanks to the work and dedication of each and every one of you, we have
accomplished a lot towards Day 1 readiness, and I am excited about the future we are shaping together. Should you have any questions or require additional information, please do not hesitate to reach out to HR at HR@permianres.com.
Thank you for your continued efforts and dedication.
- Will & James
Forward-Looking Statements and Cautionary Statements
The
foregoing contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the Securities Act), and Section 21E of the Securities Exchange Act of 1934, as amended. All
statements, other than statements of historical fact, included in this communication that address activities, events or developments that Permian Resources and Earthstone expects, believes or anticipates will or may occur in the future are
forward-looking statements. Words such as estimate, project, predict, believe, expect, anticipate, potential, create, intend,
could, would, may, foresee, plan, will, guidance, look, outlook, goal, future, assume,
forecast, build, focus, work, strive, allow, continue or the negative of such terms or other variations thereof and words and terms of similar substance used in
connection with any discussion of future plans, actions, or events identify forward-looking statements. However, the absence of these words does not mean that the statements are not forward-looking. These forward-looking statements include, but are
not limited to, statements regarding the proposed business combination between Permian Resources and Earthstone pursuant to the Agreement and Plan of Merger (the Merger Agreement) (the Transaction), pro forma descriptions of
the combined company and its operations, integration and transition plans, synergies, opportunities and anticipated future performance. There are a number of risks and uncertainties that could cause actual results to differ materially from the
forward-looking statements included in this communication. These include the expected timing and likelihood of completion of the Transaction, including the timing, receipt and terms and conditions of any required governmental and regulatory
approvals of the Transaction that could reduce anticipated benefits or cause the parties to abandon the Transaction, the ability to successfully integrate the businesses, the occurrence of any event, change or other circumstances that could give
rise to the termination of the Merger Agreement, the possibility that stockholders of Permian Resources may not approve the issuance of new shares of common stock in the Transaction or that stockholders of Earthstone may not approve the Merger
Agreement, the risk that the parties may not be able to satisfy the conditions to the Transaction in a timely manner or at all, risks related to disruption of management time from ongoing business