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Permian Resources Announces Closing of Bolt-On Acquisition of Core Delaware Basin Assets

MIDLAND, Texas, June 16, 2025--Permian Resources Corporation ("Permian Resources" or the "Company") (NYSE: PR) today announced the closing of its previously announced acquisition of certain leasehold and royalty interests located in Eddy and Lea Counties, New Mexico from APA Corporation (Nasdaq: APA).

Permian Resources CorporationJune 16, 20251
Permian Resources Announces Closing of Bolt-On Acquisition of Core Delaware Basin Assets

About this update from Permian Resources Corporation

MIDLAND, Texas, June 16, 2025 --( BUSINESS WIRE )--Permian Resources Corporation ("Permian Resources" or the "Company") (NYSE: PR) today announced the closing of its previously announced acquisition of certain leasehold and royalty interests located in Eddy and Lea Counties, New Mexico from APA Corporation (Nasdaq: APA). About Permian Resources Headquartered in Midland, Texas, Permian Resources is an independent oil and natural gas company focused on driving peer-leading returns through the acquisition, optimization and development of high-return oil and natural gas properties. The Company's assets are located in the Permian Basin, with a concentration in the core of the Delaware Basin. Through its approximately 450,000 net acres in West Texas and Southeast New Mexico, Permian Resources is the second largest Permian Basin pure-play E&P. For more information, please visit www.permianres.com . View source version on businesswire.com: https://www.businesswire.com/news/home/20250616732879/en/ Contacts Hays Mabry – Vice President, Investor Relations (432) 315-0114 [email protected]

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Permian BasinPermian ResourcesMIDLAND, TexasBUSINESS WIREAPA Corporation

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