Unknown Analyst's questions to Permian Resources Corp (PR) leadership • Q1 2025
Question
An analyst from Daniel Energy Partners asked if the new acquisition would lead to additional activity or a reallocation of the existing CapEx plan. They also inquired about the potential to drill longer laterals on the newly acquired contiguous acreage.
Answer
An executive from the team explained that the high-quality asset may receive a slightly overweight capital allocation in 2026. However, they clarified that longer laterals beyond 3 miles are not feasible in this shallow area, though the acquisition does create synergies by allowing some existing 1.5-mile laterals to be extended to 2 or 2.5 miles.