SilverBow Resources Announces Closing of Chesapeake Acquisition and Provides Updated 2023 Guidance & Preliminary 2024 Outlook - Seite 2

2023 GUIDANCE & PRELIMINARY 2024 OUTLOOK

SilverBow’s updated 2023 guidance and preliminary 2024 outlook are provided in the table below, inclusive of the acquired Chesapeake assets.

Updated 2023 Guidance & Preliminary 2024 Outlook

 

 

4Q23

FY23

FY24

Production Volumes:

 

 

 

Oil (BBLS/D)

18,000 – 20,000

14,300 – 14,900

23,500 – 26,500

Gas (MMCF/D)

 

 

230 – 255

214 – 221

320 – 350

NGL (BBLS/D)

10,000 – 12,000

7,850 – 8,350

15,000 – 17,000

Total Reported Production (MMCFE/D)

398 – 447

347 – 361

551 – 611

% Gas

57%

61%

58%

 

 

 

 

 

 

 

 

 

Costs & Expenses:

 

 

 

Lease Operating Expenses ($/MCFE)

$0.63 - $0.67

$0.68 - $0.72

$0.57 - $0.63

Transportation and Processing ($/MCFE)