HighGravityDataRange Resources — Oct 28, 2025 release
Fiscal 2025 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001193125-25-256135
Showing in the filing
Total Wells
“10”
Period
FY2025
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 24
SW PA Dry for FY2025
“5”
SW PA Wet for FY2025
“24”
NE PA Dry for FY2025
“4”
NGL differential for FY2025
“+$0.50 to +$0.75”
Condensate differential for FY2025
“($10.00) to ($15.00)”
Share repurchase program availability
“approximately $839 million”
Growth inventory (lateral feet) at exit of 2… for FY2025
“greater than 400,000 lateral feet of growth inventory”
SW PA Super-Rich for FY2025
“14”
Total Wells for FY2025
“10”
Planned TIL (Total Wells) for FY2025
“47”
All-in capital budget for FY2025
“$650 million - $680 million”
Annual production for FY2025
“approximately 2.23 Bcfe per day”
Liquids percentage of production for FY2025
“over 30%”
Direct operating expense for FY2025
“$0.12 - $0.13 per mcfe”
Net Interest expense for FY2025
“$0.12 - $0.13 per mcfe”
Transportation, gathering, processing and co… for FY2025
“$1.50 - $1.52 per mcfe”
Taxes other than income for FY2025
“$0.03 - $0.04 per mcfe”
Exploration expense for FY2025
“$24 - $28 million”
G&A expense for FY2025
“$0.17 - $0.18 per mcfe”
DD&A expense for FY2025
“$0.45 - $0.46 per mcfe”
Net brokered gas marketing expense for FY2025
“$8 - $12 million”
Natural Gas (differential, including basis h… for FY2025
“NYMEX minus $0.40 to $0.43”
Natural Gas Liquids (differential) for FY2025
“MB plus $0.50 to $0.75 per barrel”
Oil/Condensate (differential) for FY2025
“WTI minus $10.00 to $15.00”
Exhibit 99.1 · the passage around this item
… earlier in the release
YTD Wells TIL 3Q 2025
Remaining 2025
2025 Planned TIL
SW PA Super-Rich
8
6
14
SW PA Wet
20
4
24
SW PA Dry
5
-
5
NE PA Dry
4
-
4
Total Wells
37
10
47
Guidance – 2025 Updated Capital & Production Guidance Range’s 2025 all-in capital budget is $650 million - $680 million. Annual production is now expected to be approximately 2.23 Bcfe per day in 2025, updated from prior guidance of ~2.225 Bcfe per day. Liquids are expected to be over 30% of production.
Updated Full Year 2025 Expense Guidance
Updated Guidance
Prior Guidance
Direct operating expense:
$0.12 - $0.13 per mcfe
$0.12 - $0.13 per mcfe
Transportation, gathering, processing and compression expense:
$1.50 - $1.52 per mcfe
$1.50 - $1.55 per mcfe
Taxes other than income:
$0.03 - $0.04 per mcfe
$0.03 - $0.04 per mcfe
Exploration expense:
$24 - $28 million
$24 - $28 million
G&A expense:
$0.17 - $0.18 per mcfe
$0.17 - $0.18 per mcfe
Net Interest expense:
$0.12 - $0.13 per mcfe
$0.12 - $0.13 per mcfe
DD&A expense:
$0.45 - $0.46 per mcfe
$0.45 - $0.46 per mcfe
Net brokered gas marketing expense:
$8 - $12 million
$8 - $12 million
Updated Full Year 2025 Price Guidance Based on recent market indica
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.