SilverBow Resources, Inc. (NYSE:SBOW) Q4 2022 Earnings Call Transcript

Charles Meade: So forgive me if I missed this, but thinking about the — your PDP, PV-10 at the strip, it looks to me based on some of the coordinates you gave us, it’s probably around one four, one five. I don’t know if you gave us that number or if that number is in the right ballpark.

Sean Woolverton: Yes. I hate to speak to it and that we’re looking at that quite often, and the strips always moving. So I don’t have like a firm number off the top of my head. We’re looking here — yes. What we provided was at SEC pricing. So yes, we don’t have that in front of us.

Charles Meade: Okay. But I think you did mention, Sean, the total PV-10 was — I think you said just under 3.

Sean Woolverton: It was right at 3. And so that’s kind of not a bad inference, right, that maybe you could get into it that at year-end, we were 45. The year-end value of 5 billion reflected just under 45% PDP. I’d say, take that and apply it.

Operator: There are no further questions at this time. I will now turn the call back over to the company for closing remarks.

Sean Woolverton: Appreciate everyone’s interest in the company. Appreciate the questions, and we look forward to our next call and sharing an update in the second quarter. Appreciate it. Thank you.

Operator: Ladies and gentlemen, thank you for participating. This concludes today’s conference call. You may now disconnect.