Acquisition And PartnershipAcquisition of Ohio Utica Shale assets expands operational scale while the partnership with Northern Oil and Gas lets INR secure a sizeable interest without taking on excessive balance-sheet risk.
Capital AllocationBoard-authorized 75 million dollar share repurchase program signals management confidence in valuation and supports per-share metrics by reducing outstanding equity.
Operational Execution And Production GrowthTen wells turned in line with several outperforming type curves, together with the addition of 3,000 net acres, underpins higher production guidance and improves capital efficiency across oil and gas windows.