Asset AcquisitionAcquisition of Ohio Utica Shale assets is the company's largest transaction to date and substantially increases scale, supporting future production growth and development flexibility.
Operational GrowthIncreased development activity, including bringing ten wells online in a single quarter and adding 3,000 net acres, expands production capacity and strengthens the pipeline for future production gains.
Share RepurchaseBoard-authorized $75 million buyback program signals management confidence in valuation and could support the stock by reducing shares outstanding and improving per-share metrics.