upon the terms and subject to the conditions set forth in the Offer to Purchase (including the Financing
Condition and the General Conditions), the deadline to validly tender their 2026 Notes using the guaranteed delivery procedures will be the second business day after the Expiration Date, which is expected to be 5:00 p.m., New York City time, on
March 12, 2025, unless extended by us in our sole discretion subject to applicable law.
The purpose of the Offer is to acquire all outstanding 2026
Notes. The Company intends to fund the Offer with the net proceeds from the Companys concurrent senior notes offering (the New Notes Offering), and the Offer is conditioned upon the successful completion of such notes offering.
The Company has retained Wells Fargo Securities, LLC to act as the dealer manager and Global Bondholder Services Corporation to act as the tender and
information agent for the Offer. For additional information regarding the terms of the Offer, please contact Wells Fargo Securities, LLC at (866) 309-6316 (toll-free), (704)
410-4820 (collect) or liabilitymanagement@wellsfargo.com. Requests for copies of the Offer to Purchase and questions regarding the tendering of 2026 Notes may be directed to the Global Bondholder Services
Corporation at (212) 430-3774 (for banks and brokers) or (855) 654-2015 (all others, toll-free) or email contact@gbsc-usa.com.
The Offer to Purchase, and the related Notice of Guaranteed Delivery are available at the following website: www.gbsc-usa.com/chord/.
None of the Company, the dealer manager, the tender and information agent or the trustee (nor any director, officer, employee, agent or affiliate of, any such
person) makes any recommendation whether Holders should tender or refrain from tendering 2026 Notes in the Offer, and no one has been authorized by any of them to make such a recommendation. Holders must make their own decision as to whether to
tender their 2026 Notes and, if so, the principal amount of the 2026 Notes to tender. Holders of the 2026 Notes are urged to carefully read the Offer to Purchase before making any decision with respect to the Offer.
This press release is for informational purposes only and does not constitute (i) a notice of redemption or satisfaction and discharge under the
indenture governing the 2026 Notes, nor (ii) an offer to sell or the solicitation of an offer to buy any security, including with respect to the 2026 Notes and the notes offered in the New Notes Offering, and shall not constitute an offer,
solicitation or sale in any jurisdiction in which such offering, solicitation or sale would be unlawful. The Offer is being made solely by means of the Offer to Purchase. In those jurisdictions where the securities, blue sky, or other laws require
any tender offer to be made by a licensed broker or dealer, the Offer will be deemed to be made on behalf of the Company by the Dealer Manager or one or more registered brokers or dealers licensed under the laws of such jurisdiction.
To the extent that any 2026 Notes remain outstanding following the consummation of the Offer, we intend to satisfy and discharge the indenture governing the
2026 Notes and redeem any such 2026 Notes on or about June 1, 2025 at a redemption price of 100.000% of the principal amount thereof, plus accrued and unpaid interest, if any, to the redemption date.
About Chord Energy
Chord Energy Corporation is an
independent exploration and production company with quality and sustainable long-lived assets in the Williston Basin. The Company is uniquely positioned with
a best-in-class balance sheet and is focused on rigorous capital discipline and generating free cash flow by operating efficiently, safely and responsibly to
develop its unconventional onshore oil-rich resources in the continental United States. For more information, please visit the Companys website at www.chordenergy.com. The
information on, or that can be accessed through, our website is not incorporated by reference into, and is not part of, this press release.
Cautionary
Note Regarding Forward-Looking Statements
The information in this press release includes forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended. All statements, other than statements of historical fact included in this press release, including statements regarding the New
Notes Offering and the use of proceeds therefrom, the Offer and the timing and outcome thereof including satisfaction of the conditions to the closing of the Offer, any redemption of our 2026 Notes, and our strategy, plans, and objectives of
management, are forward-looking statements. When used in this press release, the words could, may, believe, anticipate,
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