Vitesse Energy, Inc.

Greetings. Welcome to the Vitess Energy Third Quarter 2025 earnings call. At this time, all participants are in the listen-only mode. A question and answer session will follow the formal presentation. Please note this conference is being recorded. I will now turn the conference over to the Director of Investor Relations and Business Development at Vitess, Ben Messier. Thank you. You may begin.

Good morning everyone and thanks for joining. Today we will be discussing our financial and operating results for the third quarter of 2025 and increased production and capital expenditures guidance. Our 10Q and earnings were released yesterday after market close and an updated investor presentation can be found on the Vitesse website. I'm joined this morning by our chairman and CEO, Bob Garrity, our president, Brian Cree, and our CFO, Jimmy Henderson. Before we begin, please be reminded that this call may contain estimates, projections, and other forward-looking statements within the meaning of the federal securities laws. Forward-looking statements are subject to several risks and uncertainties, many of which are beyond our control. These risks and uncertainties can cause actual results to differ materially from our current expectations. Please review our earnings release and risk factors discussed in our filings with the SEC for additional information. In addition, today's discussion may reference non-GAAP financial measures. For reconciliation of historical non-GAAP financial measures to the most directly comparable GAAP measure, please reference our 10-Q and earnings release. Now, I will turn the call over to Vitesse's Chairman and CEO, Bob Garrity.

Thank you, Ben, and good morning, everybody. Thanks for joining. In the third quarter, we stuck to our strategy of disciplined capital allocation. We participated in an increasing number of three- and four-mile laterals drilled by our operating partners. And significantly, we successfully completed two Vitesse-operated wells, as Brian will discuss. As a result, we increased our production and capital expenditure guidance for 2025. Advancements in technology continue to enhance the value of our assets. Extended laterals are delivering strong economic results through lower drilling and completion costs per lateral foot. Drilling activity continues to progress further into the areas where Vitesse holds concentrated positions. Our original strategy of acquiring acreage outside the core of the Bakken is paying off as activity now moves into these areas, generating returns comparable to historically those seen in the core. We estimate that we have over 2 million net lateral feet of development remaining on our asset, which translates to more than 200 net two-mile equivalent wells. The oil industry is highly cyclical. long-duration asset, low leverage, and disciplined hedging positions, us not only to withstand but to be opportunistic during market disruptions. We are capital allocators and will continue to make the best decisions with our capital each quarter based on the opportunity set available. As a testament to our allocation decisions, last week our board declared our fourth quarter dividend at an annual rate of $2.25 per share. I will now hand the call over to our president, Brian Cree, to provide more detail on our operations. Thanks, Bob.