Transaction Details

Footnotes

On January 30, 2026, pursuant to the Agreement and Plan of Merger (as it may be amended from time to time, the "Merger Agreement") dated as of November 2, 2025, by and among the Issuer, SM Energy Company ("SM Energy"), and Cars Merger Sub, Inc., a direct wholly owned subsidiary of SM Energy ("Merger Sub"), (i) Merger Sub merged with and into the Issuer, with the Issuer surviving as a wholly owned subsidiary of SM Energy (the "First Merger"), and (ii) immediately following the First Merger, the Issuer merged with and into SM Energy, with SM Energy continuing as the surviving corporation (the "Second Merger" and, together with the First Merger, the "Mergers"). Immediately following the First Merger, each eligible share of Issuer Common Stock (the "Common Stock") was converted automatically into the right to receive 1.45 shares of SM Energy common stock, with cash paid in lieu of the issuance of any fractional shares of SM Energy common stock. | The Common Stock reported herein was held directly by CPPIB Crestone Peak Resources Canada Inc. ("CP Canada") and Canada Pension Plan Investment Board is an indirect beneficial owner of such shares of Common Stock owned by CP Canada.