Infinity Natural Resources, Inc. Class A

of this conference call is being recorded. I would now like to turn the call over to Greg Pipkin, Senior Vice President of Corporate Development and Strategy. Thank you. Please go ahead.

Thank you, operator. Good morning, and thank you for joining our second quarter 2025 earnings results conference call. With me today are Zach Arnold, President and Chief Executive Officer, and David Sproul, Executive Vice President and Chief Financial Officer. In a moment, Zach and David will present their prepared remarks with a question and answer session to follow. An updated investor presentation has been posted to the investor relations portion of our website, and we may reference certain slides during today's discussion. A replay of today's call will be available on our website beginning this evening. I'd like to remind you that today's call may contain forward-looking statements. All statements that are not historical facts are forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control, that could cause actual results to materially differ from these forward-looking statements. Please review our earnings release and the risk factors discussed in our SEC filings. We will also be referring to certain non-GAAP financial measures. Please refer to our earnings release and investor presentation for important disclosures regarding such measures, including definitions and reconciliations to the most comparable GAAP financial measures. Now over to Zach.

Thank you, Greg, and welcome to Infinity Natural Resources' second quarter 2025 earnings call. We are excited to present the quarter's operational and financial results and provide you with an update on our development activities and outlook for the balance of the year. Our dedicated team in Appalachia once again delivered, and my gratitude goes out to my team for the results they drive time and time again. Let's begin with a review of our second quarter performance. During the period, we delivered production growth of 25%, averaging 33.1 MBOE per day versus Q1's 26.5. The period increase in overall production was primarily attributable to a full quarter impact from five natural gas Marcellus shale wells in Pennsylvania that we turned into sales only days prior to the end of the first quarter. As a reminder, our Marcellus natural gas weighted wells deliver significantly higher production volumes than our Utica oil wells on a BOE basis. In May, we turned into sales one oil weighted well from our Ruble Dodd patent in Ohio. It is important to note that we experienced some minor third-party midstream delays during the period. These constraints limited our ability to freely flow the wells and restricted our ability to place two additional oil-weighted wells from the same pad into sales in Q2. Today, we are happy to report that in July, the midstream constraints abated, allowing Infinity to freely flow all three wells from this pad. Across our entire asset base, we drilled seven wells totaling 118,000 lateral feet. Our activity highlights our continued focus on long lateral development where we drilled on average 16,900 feet per well during the quarter. We stimulated eight wells, completing 777 stages, roughly nine stages per day during the quarter. In Ohio, we drilled five wells and completed 504 stages during the quarter. We finished completion activities on a four-well pad in Guernsey County totaling 77,000 lateral feet that is anticipated to be online during the third quarter. Additionally, we drilled three wells from another pad location representing another 57,000 lateral feet. We are currently stimulating this project today, and we anticipate turning these wells online subsequent to the end of the third quarter. On the Marcellus gas side, as discussed on our make-all, the company decided to advance its next natural gas project and constructed that pad site during the second quarter. In addition, we drilled a four well pad totaling 54,000 lateral feet and finished stimulating them in June. I am pleased to announce that those wells were turned into sales in July, less than 30 days after completion activities ended, which is remarkable. This was the project that was accelerated in November of last year. It took us eight months to go from constructing a pad to generating natural gas sales. Let me now provide more color on our third quarter operating plan. Our team continues to execute on its operational plan. Currently, our rig is developing three natural gas wells, roughly 45,000 lateral feet, off the pad we constructed during the second quarter in Pennsylvania. Thereafter, we anticipate our rig to transition to Ohio to drill another two oil wells in Q3. As mentioned previously, our FRAC crew is currently stimulating three oil wells in Ohio. we anticipate that frack route to transition to the natural gas pad we are currently drilling by early Q4. Wrapping up my opening remarks, our results this quarter reinforce the strength of our diversified Appalachian strategy, which focuses on balancing capital allocation across our natural gas and oil opportunities. This flexibility is particularly valuable given today's dynamic commodity environment. We're well positioned for sustained organic growth while maintaining the financial flexibility to complement our core business with accretive acquisitions. With that, I'll turn the call over to David for a more detailed view of our financial results.