Sees FY25 total sales volume of 2,200 Bcfe-2,300 Bcfe, an increase of 25 Bcfe from its prior outlook. The Company expects to spend 1.950B-$2.070B on maintenance capital expenditures in 2025, which is $25M below its prior guidance. Expected maintenance capital expenditures spend includes $205M-$225M of corporate and capitalized costs. The Company reaffirms its plans to spend $350M-$380M on strategic growth capital expenditures in 2025, which targets the Company’s pressure reduction program in addition to opportunistic, high-return water infrastructure and land opportunities. During 2025, the Company plans to turn-in-line 95-120 net wells, including 32-50 net wells in the Q2.
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