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HomeMy WebLinkAbout20222241.tiffChord Energy July 1, 2022 Dear Valued Owner, RECEIVED JUL 12 2022 COMMISSION RE S 1001 Fannin Street, Suite 1500 Houston, TX 77002 O 281.404.9500 F 281.404.9501 We are pleased to announce that Oasis Petroleum North America LLC ("Oasis") and Whiting Petroleum Corporation ("Whiting") completed our previously announced merger on July 1, 2022, and we began our new journey as Chord Energy Corporation. The word "Chord" is frequently used to describe multiple musical notes sounded simultaneously and harmoniously, while an alternative definition is a line segment joining two points on a circle. Chord Energy represents the joining of separate entities whose complementary strengths create something more formidable than either independent entity. Together the new company is positioned to prosper and deliver value creation through the constantly evolving energy landscape. Chord Energy is a premier Williston Basin -focused independent exploration and production company, with top tier assets across approximately 972K net acres and production of approximately 165 thousand boepd. With significant scale and cash flow, we are excited to play an even larger role in the development of North Dakota and Montana's world -class oil and gas resources. We will continue to be responsible stewards of the areas in which we operate and will maintain an active presence in these communities. Importantly, we will continue to work with you as we always have. There is no change to your contract(s), lease(s) or existing point of contacts, as applicable. You will continue receiving uninterrupted payments from the Oasis and/or Whiting entity from which you are already receiving payments. We will update you in the future if changes will be made as a result of our ongoing integration efforts. Similarly, any payments due to Oasis and/or Whiting should continue to be made to those respective entities until further notice. Enclosed herewith, please find a FAQ document summarizing the answers to common questions associated with our merger. Should you have any further questions or concerns, Chord Energy's new Owner Relations contact information is as follows: Phone: 855-209-8370 Email: OwnerInquiry@chordenergy.com Further, additional information about Chord Energy and its Owner Relations can be found at our new website: www.chordenergy.com. We appreciate your continued partnership and support and are excited about the future for Chord Energy and all of its stakeholders. Welcome to the Chord Energy Family! CoMttun;Co.+;orrS 3/22 2022-2241 Hello