What changed 10-Q

Item 3. Quantitative and Qualitative Disclosures About Market Risk

2023-11-22 compared with 2023-11-22 · 1 added, 2 removed, 21 unchanged (13% of the section changed)

11 unchanged sentences

A significant decline in the prices of oil or natural gas could have a material adverse effect on our financial condition and the results of operations.

In order to reduce commodity price uncertainty and increase cash flow predictability relating

to the marketing of our crude oil and natural gas, we may enter into crude oil and natural gas price hedging arrangements with respect to a portion of our expected production.

In order to reduce commodity price uncertainty and increase cash flow predictability relating to the marketing of our crude oil and natural gas, we may enter into crude oil and natural gas price hedging arrangements with respect to a portion of our expected production.

The Company's revenues, profitability, and future growth depend substantially on prevailing prices for oil and natural gas.

8 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.