Investor Contacts
Brittany Raiford
Director, Investor Relations
(832) 796-7906
brittany_raiford@swn.com
Bernadette Butler
Investor Relations Advisor
(832)
796-6079
bernadette_butler@swn.com
Forward Looking Statement
Certain statements and
information in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words believe, expect, anticipate,
plan, intend, foresee, should, would, could, attempt, appears, forecast, outlook, estimate, project,
potential, may, will, are likely and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Examples of forward-looking statements
in this release include, but are not limited to, statements regarding expected generation of free cash flow, benefits to the combined companys financial metrics, anticipated synergies, expected production, the expected closing of the merger
and the proposed retirement of Montages senior notes with proceeds from the announced equity offering. These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect
on us. The forward-looking statements contained in this document are largely based on our expectations for the future, which reflect certain estimates and assumptions made by our management. These estimates and assumptions reflect our best judgment
based on currently known market conditions, operating trends, and other factors. Although we believe such estimates and assumptions to be reasonable, they are inherently uncertain and involve a number of risks and uncertainties that are beyond our
control. As such, managements assumptions about future events may prove to be inaccurate. For a more detailed description of the risks and uncertainties involved, see Risk Factors in our most recently filed Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other SEC filings. We do not intend to publicly
update or revise any forward-looking statements as a result of new information, future events, changes in circumstances, or otherwise. These cautionary statements qualify all forward-looking statements attributable to us, or persons acting on our
behalf. Management cautions you that the forward-looking statements contained in this presentation are not guarantees of future performance, and we cannot assure you that such statements will be realized or that the events and circumstances they
describe will occur. Factors that could cause actual results to differ materially from those anticipated or implied in the forward-looking statements herein include, but are not limited to: the timing and extent of changes in market conditions and
prices for natural gas, oil and natural gas liquids (NGLs), including regional basis differentials and the impact of reduced demand for our production and products in which our production is a component due to governmental and societal
actions taken in response to the COVID-19 pandemic; our ability to fund our planned capital investments; a change in our credit
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