17 unchanged sentences
example, in the last twelve months, the NYMEX West Texas Intermediate (“WTI”) posted price for crude oil has ranged from
−Removed: a low of $63.10 per bbl in June 2023 to a high of $89.66 per bbl in September 2023.
+Added: a low of $61.73 per bbl in September 2024 to a high of $82.89 per bbl in April 2024.
The Henry Hub Spot Market Price (“Henry Hub”)
−Removed: for natural gas has ranged from a low of $1.25 per MMBtu in March 2024 to a high of $3.34 per MMBtu in October 2023.
−Removed: On March 31, 2024
−Removed: the WTI posted price for crude oil was $79.15 per bbl and the Henry Hub spot price for natural gas was $1.54 per MMBtu.
−Removed: See Results of
−Removed: Operations above for the Company’s realized prices during the fiscal year.
−Removed: Subsequently, on June 18, 2024, the WTI posted price
−Removed: for crude oil was $77.55 and the Henry Hub posted price for natural gas was $2.43.
+Added: for natural gas has ranged from a low of $1.21 per MMBtu in November 2024 to a high of $9.86 per MMBtu in January 2025.
+Added: March 31, 2025 the WTI posted price for crude oil was $67.46 per bbl and the Henry Hub spot price for natural gas was $4.11 per MMBtu.
+Added: See Results of Operations above for realized prices.
+Added: Pipeline capacity constraints and maintenance in the Permian Basin area has contributed
+Added: to a wider difference between the WaHa Hub and the Henry Hub and at times realized prices were negative.
+Added: Subsequently, on June 16, 2025,
+Added: the WTI posted price for crude oil was $67.75 and the Henry Hub posted price for natural gas was $2.90.
in oil and natural gas prices will materially adversely affect our financial condition, liquidity, ability to obtain financing and operating
20 unchanged sentences
information required by this item appears on pages F2 through F20 hereof and are incorporated herein by reference.
−Removed: CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING
−Removed: AND FINANCIAL DISCLOSURES
+Added: CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURES
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.