Forward-Looking Statements
Certain statements in this press release, other than statements of historical facts, that address activities, events or developments that Chord expects,
believes or anticipates will or may occur in the future, including any statements regarding the benefits and synergies of the Whiting merger, future opportunities for Chord, future financial performance and condition, guidance and statements
regarding Chords expectations, beliefs, plans, financial condition, objectives, assumptions or future events or performance are forward-looking statements based on assumptions currently believed to be valid. Forward-looking statements are all
statements other than statements of historical facts. The words anticipate, believe, ensure, expect, if, intend, estimate, probable, project,
forecasts, predict, outlook, aim, will, could, should, would, potential, may, might, anticipate,
likely, plan, positioned, strategy and similar expressions or other words of similar meaning, and the negatives thereof, are intended to identify forward-looking statements. Specific forward-looking
statements include statements regarding Chords plans and expectations with respect to the return of capital plan, production levels and reinvestment rates, anticipated financial and operating results and other guidance and the effects,
benefits and synergies of the Whiting merger. The forward-looking statements are intended to be subject to the safe harbor provided by Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private
Securities Litigation Reform Act of 1995.
These statements are based on certain assumptions made by Chord based on managements experience and
perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control
of Chord, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. These include, but are not limited to, the ultimate results of integrating the operations of Chord, the effects of the
business combination on Chord, including Chords future financial condition, results of operations, strategy and plans, the ability of Chord to realize the anticipated benefits or synergies of the merger in the timeframe expected or at all,
changes in crude oil, NGL and natural gas prices, war between Russia and Ukraine and the potential for escalation of hostilities between Israel and Hamas and surrounding countries in the Middle East and their effect on commodity prices, inflation
rates and the impact of associated monetary policy responses, including increased interest rates, developments in the global economy, the impact of pandemics such as COVID-19, weather and environmental conditions, the timing of planned capital
expenditures, availability of acquisitions, uncertainties in estimating proved reserves and forecasting production results, operational factors affecting the commencement or maintenance of producing wells, the condition of the capital markets
generally, as well as Chords ability to access them, the proximity to and capacity of transportation facilities, the availability of midstream service providers, uncertainties regarding environmental regulations or litigation and other legal
or regulatory developments affecting Chords business and other important factors that could cause actual results to differ materially from those projected as described in Chords reports filed with the U.S. Securities and Exchange
Commission (the SEC).
Any forward-looking statement speaks only as of the date on which such statement is made and Chord undertakes no
obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law. As forward-looking statements involve significant risks and uncertainties,
caution should be exercised against placing undue reliance on such statements. Additional information concerning other risk factors is also contained in Chords most recently filed Annual Report on Form 10-K for the year ended December 31,
2022, subsequent Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other SEC filings.
About Chord Energy
Chord Energy Corporation is an independent exploration and production company with quality and sustainable long-lived assets in the Williston Basin. The
Company is uniquely positioned with a best-in-class balance sheet and is focused on rigorous capital discipline and generating free cash flow by operating efficiently,
safely and responsibly to develop its unconventional onshore oil-rich resources in the continental United States. For more information, please visit the Companys website at www.chordenergy.com.
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