Subject: Devon/Coterra — preferred conversion registration June 5, note exchange expires June 23, combined guidance mid-June Hi [First Name], Devon filed to register 175,000 shares for conversion of Coterra Energy Operating Co.'s 8 1/8% Series A Cumulative Perpetual Convertible Preferred Stock on June 5 — the same day as the early tender deadline on the private exchange offers for Coterra senior notes (expiration June 23). Combined 2026 operational guidance incorporating $1 billion in targeted synergies is expected this month. On the land legal side, the integration has the land department running JOA re-execution across the combined Delaware Basin position while the May 21 BLM acquisition of 16,300 net acres in Lea and Eddy Counties (400 net locations) adds a federal title examination workstream. Federal leases require federal title opinions before BLM drilling permits issue — the examination process is distinct from standard Permian title workflow and cannot be batched with private or state leasehold work on the same program. We handle federal title opinions and NMOCD regulatory work in Lea and Eddy Counties. Board Certified in Oil, Gas, and Mineral Law, licensed in Texas and New Mexico. If a call to scope the federal title queue or discuss integration curative would be useful this week, I am available. Ben Holliday Holliday Energy Law Group 210.469.3187

Subject: Diamondback — $2.04B block sale June 4, Q1 EPS beat, DUC acceleration ongoing across Midland + Delaware Hi [First Name], SGF FANG Holdings sold 10 million Diamondback shares on June 4 at $204.25 — a $2.04 billion block. The Q1 2026 results from May 4 were strong: EPS of $4.23 against a $3.58 estimate, revenue of $4.24 billion versus $3.74 billion expected. KeyCorp raised Q4 2026 estimates on June 3. The program itself continues to accelerate: 2026 capex raised to $3.9 billion, two to three rigs added, and five completion crews running to work the DUC backlog from its current level to approximately 200 wells by year-end, with production targeted above 520,000 BOPD. Accelerating through a DUC inventory means wells drilled months ago need title confirmed before completion and revenue can be recognized. Across both Midland and Delaware Basin positions at this pace, that title and curative workflow on DUC locations tends to compress faster than the operational schedule. We handle title opinions and curative across the Permian Basin, licensed in Texas and New Mexico, Board Certified in Oil, Gas, and Mineral Law. If it would be useful to discuss the legal support structure given the current program pace, I am available this week. Ben Holliday Holliday Energy Law Group 210.469.3187

Subject: ConocoPhillips — $2B Delaware Basin asset sale in process; H2 2026 Delaware drilling step-up planned Hi [First Name], ConocoPhillips is working with advisers to explore a sale of approximately $2 billion in Delaware Basin assets, originally acquired from Concho Resources and Shell, toward a broader $5 billion disposition target by year-end 2026. The process was reported in February and remains ongoing. The buyer of that package — whether strategic or private equity — will need title examination on the transferred properties. Concho-vintage Delaware Basin title typically carries its own curative history, and title opinions are required before any meaningful development program can run on newly acquired acreage. On the operating side, COP is planning to step up Delaware Basin activity in H2 2026 to maintain production and protect frac crew continuity heading into 2027 — covering operated and non-operated wells as partners ballot additional locations. Q1 2026: 698 MBOED from the Delaware Basin, 200 MBOED Midland, 367 MBOED Eagle Ford. COP doubled the share of 3-mile-plus laterals drilled versus the prior year. We handle Delaware Basin title opinions and curative in Texas and New Mexico. Board Certified in Oil, Gas, and Mineral Law. If a conversation on either the transaction or the H2 program would be useful, I am available this week. Ben Holliday Holliday Energy Law Group 210.469.3187

Subject: Permian Resources Q1 2026 10-Q — $204.9M bolt-on acquisitions confirmed; cash flow strong Hi [First Name], Permian Resources' Q1 2026 Form 10-Q confirms approximately $204.9 million in bolt-on and grassroots acquisitions of Delaware Basin properties during the quarter. Q1 reported profit was reduced by hedge losses, but operating cash flow remained strong — the acquisition pace is unlikely to slow in Q2. Each bolt-on acquisition generates a title examination requirement on the acquired acreage before a drilling permit can be filed, plus curative on what the examination surfaces. At 40-plus transactions per quarter across Reeves, Culberson, Lea, and Eddy Counties, the title and JOA drafting workload is continuous — it does not pause between quarters. We handle Delaware Basin title opinions and curative in all four of those counties. Licensed in Texas and New Mexico, Board Certified in Oil, Gas, and Mineral Law. If discussing the legal support structure for the ground game acquisition workflow would be useful, I am available this week. Ben Holliday Holliday Energy Law Group 210.469.3187