Texas Pacific Land — Merger or Acquisition (October 2024)

5 slides from Texas Pacific Land's merger presentation, Oct 2, 2024

Slide 1: Permian Oil and Gas Mineral and Royalty Interests Acquisition
Permian Oil and Gas Mineral and Royalty Interests Acquisition October 2024
Slide 2: Disclaimers
Disclaimers This presentation has been designed to provide general information about Texas Pacific Land Corporation and its subsidiaries (“T PL” or the “Company”). Any information contained or referenced herein is suitable only as an introduction to the Company. The recipient is strongly encouraged
Slide 3: Oil and Gas Mineral and Royalty Interests Acquisition
Oil and Gas Mineral and Royalty Interests Acquisition 3 ▪ TPL acquired 7 , 490 net royalty acres 1 (“NRA”) primarily located in the Midland Basin for $ 286 million in an all - cash transaction – Transaction effective date of April 1 , 2024 , subject to customary adjustments ▪ Summary Asset Statistic
Slide 4: Acquired Asset Highlights
45% 22% 7% 5% 3% 2% 16% 1,293 Gross Wells Acquired Asset Highlights 4 Top Operators by NRA Horizontal Rig Activity Top Operators by Producing Horizontal Wells Total Net Wells Total Gross Wells Delaware Gross Wells Midland Gross Wells Status 0.3 87 2 85 Completed 0.6 158 25 133 DUC 1.2 148 22 126 Per
Slide 5: Texas Pacific Land Corporation
1700 Pacific Avenue, Suite 2900 Dallas, Texas 75201 Texas Pacific Land Corporation