@ l dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!Registrants telephone number in SIGNATURES Balance SheetIncome Statement Cash FlowsShareholders Equity!CONDENSED CONSOLIDATED STATEMENMajor CustomersMajor Customers (1)Change in estimateCapitalized OverheadCapitalized Overhead (1)Capitalized Overhead (2)2025 Senior Notes!Offsetting of Derivative Assets!Offsetting of Derivative As (1)!Offsetting of Derivative As (2)!Offsetting of Derivative As (3)!Fair Value Measurements and Dis!Fair Value Measurements and (1)!Fair Value of Financial Instrum!Fair Value of Financial Ins (1) Stock optionsStock options (1)!Restricted stock units and stoc!Absolute Total Shareholder Retu!Absolute Total Shareholder (1)!Absolute Total Shareholder (2)!Absolute Total Shareholder (3)!13 Revenue from Contracts with 14 Leases 14 Leases (1) 14 Leases (2) 14 Leases (3) 14 Leases (4) 14 Leases (5)Oil Commitments LitigationMarket ConditionsCore OperationsCore Operations (1)!Oil Natural Gas and NGL ProductLOEDD A General and Administrative G A!Oil Natural Gas and NGL Pro (1) LOE (1) DD A (1)G ASources and UsesCapital ExpendituresAdjusted EBITDALegal ProceedingsItem 6 ExhibitsGrant DocumentsU }y#}$ SRC Energy Inc.10-Q 07/31/2019Market Conditions # Three Months Ended June 30, ! Six Months Ended June 30,~ ~ ~ ~ Oil (NYMEX-WTI) Average NYMEX Price p= M@ RQ@ HzL@ = ףp]P@ Realized Price *`J@\(N@ )\(I@ = ףp=M@Differential *Q= ףp= (\ Q %Natural Gas (NYMEX-Henry Hub) Average NYMEX PriceQ@ffffff@ Q@ 333333@Realized Price *HzG?= ףp=? RQ@ Q?Differential *(\(\ 333333 {Gz NGL Realized PriceHz"@fffff1@ fffff%@ L2@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/<~rfBkBe<" =PF0*8X> @*% l dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!Registrants telephone number in SIGNATURES Balance SheetIncome Statement Cash FlowsShareholders Equity!CONDENSED CONSOLIDATED STATEMENMajor CustomersMajor Customers (1)Change in estimateCapitalized OverheadCapitalized Overhead (1)Capitalized Overhead (2)2025 Senior Notes!Offsetting of Derivative Assets!Offsetting of Derivative As (1)!Offsetting of Derivative As (2)!Offsetting of Derivative As (3)!Fair Value Measurements and Dis!Fair Value Measurements and (1)!Fair Value of Financial Instrum!Fair Value of Financial Ins (1) Stock optionsStock options (1)!Restricted stock units and stoc!Absolute Total Shareholder Retu!Absolute Total Shareholder (1)!Absolute Total Shareholder (2)!Absolute Total Shareholder (3)!13 Revenue from Contracts with 14 Leases 14 Leases (1) 14 Leases (2) 14 Leases (3) 14 Leases (4) 14 Leases (5)Oil Commitments LitigationMarket ConditionsMarket Conditions (1)Core Operations (1)!Oil Natural Gas and NGL ProductLOEDD A General and Administrative G A!Oil Natural Gas and NGL Pro (1) LOE (1) DD A (1)G ASources and UsesCapital ExpendituresAdjusted EBITDALegal ProceedingsItem 6 ExhibitsGrant DocumentsU }U}$ }U}$ }U}$ } $} $ }U} $ }U}$ SRC Energy Inc.10-Q 07/31/2019Core Operations Vertical WellsOperated WellsNon-Operated WellsTotals GrossNet Gross Net GrossNet~ ~ ~ ~ ~ ~ n $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*yhth l=PF0*8X> @j l F dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!Registrants telephone number in SIGNATURES Balance SheetIncome Statement Cash FlowsShareholders Equity!CONDENSED CONSOLIDATED STATEMENMajor CustomersMajor Customers (1)Change in estimateCapitalized OverheadCapitalized Overhead (1)Capitalized Overhead (2)2025 Senior Notes!Offsetting of Derivative Assets!Offsetting of Derivative As (1)!Offsetting of Derivative As (2)!Offsetting of Derivative As (3)!Fair Value Measurements and Dis!Fair Value Measurements and (1)!Fair Value of Financial Instrum!Fair Value of Financial Ins (1) Stock optionsStock options (1)!Restricted stock units and stoc!Absolute Total Shareholder Retu!Absolute Total Shareholder (1)!Absolute Total Shareholder (2)!Absolute Total Shareholder (3)!13 Revenue from Contracts with 14 Leases 14 Leases (1) 14 Leases (2) 14 Leases (3) 14 Leases (4) 14 Leases (5)Oil Commitments LitigationMarket ConditionsMarket Conditions (1)Core Operations!Oil Natural Gas and NGL ProductLOEDD A General and Administrative G A!Oil Natural Gas and NGL Pro (1) LOE (1) DD A (1)G ASources and UsesCapital ExpendituresAdjusted EBITDALegal ProceedingsItem 6 ExhibitsGrant DocumentsU }U}$ }U}$ }U}$ } $} $ }U} $ }U}$ SRC Energy Inc.10-Q 07/31/2019Core Operations Horizontal WellsOperated WellsNon-Operated WellsTotals GrossNet Gross Net GrossNet~ ~ f ~ ~ ~ ~ J $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/*{hthj=PF0*8X> @j l "P) dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!Registrants telephone number in SIGNATURES Balance SheetIncome Statement Cash FlowsShareholders Equity!CONDENSED CONSOLIDATED STATEMENMajor CustomersMajor Customers (1)Change in estimateCapitalized OverheadCapitalized Overhead (1)Capitalized Overhead (2)2025 Senior Notes!Offsetting of Derivative Assets!Offsetting of Derivative As (1)!Offsetting of Derivative As (2)!Offsetting of Derivative As (3)!Fair Value Measurements and Dis!Fair Value Measurements and (1)!Fair Value of Financial Instrum!Fair Value of Financial Ins (1) Stock optionsStock options (1)!Restricted stock units and stoc!Absolute Total Shareholder Retu!Absolute Total Shareholder (1)!Absolute Total Shareholder (2)!Absolute Total Shareholder (3)!13 Revenue from Contracts with 14 Leases 14 Leases (1) 14 Leases (2) 14 Leases (3) 14 Leases (4) 14 Leases (5)Oil Commitments LitigationMarket ConditionsMarket Conditions (1)Core OperationsCore Operations (1)LOEDD A General and Administrative G A!Oil Natural Gas and NGL Pro (1) LOE (1) DD A (1)G ASources and UsesCapital ExpendituresAdjusted EBITDALegal ProceedingsItem 6 ExhibitsGrant DocumentsU }}$ } $} $ " SRC Energy Inc.10-Q 07/31/201991Oil, Natural Gas, and NGL Production and Revenues # Three Months Ended June 30, Percentage~ ~ ChangeProduction: Oil (MBbls) 1~ && ~ ~ %Natural Gas (MMcf) 2~ ~ n~ %NGLs (MBbls) 1~ ^~ ~ 2 %MBOE 3~ V~ C~ r % BOED 4~ ~ z~ r % Revenues (in thousands): Oil~ ~ ~ > %Natural Gas~ 9~ ~ %NGLs~ ~ ~ b %~ ~ >~ . %Average sales price: Oil 5`J@\(N@~ % Natural Gas 5HzG?= ףp=?~ %NGLsHz"@fffff1@~ F % BOE 5Hz<@@@~ %$____________________________D_lvj^RFmH@J,7h`aU !1 )Created by Morningstar Document Research.0!(http://documentresearch.morningstar.com/=PF0*8X> @"!! l dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!Registrants telephone number in SIGNATURES Balance SheetIncome Statement Cash FlowsShareholders Equity!CONDENSED CONSOLIDATED STATEMENMajor CustomersMajor Customers (1)Change in estimateCapitalized OverheadCapitalized Overhead (1)Capitalized Overhead (2)2025 Senior Notes!Offsetting of Derivative Assets!Offsetting of Derivative As (1)!Offsetting of Derivative As (2)!Offsetting of Derivative As (3)!Fair Value Measurements and Dis!Fair Value Measurements and (1)!Fair Value of Financial Instrum!Fair Value of Financial Ins (1) Stock optionsStock options (1)!Restricted stock units and stoc!Absolute Total Shareholder Retu!Absolute Total Shareholder (1)!Absolute Total Shareholder (2)!Absolute Total Shareholder (3)!13 Revenue from Contracts with 14 Leases 14 Leases (1) 14 Leases (2) 14 Leases (3) 14 Leases (4) 14 Leases (5)Oil Commitments LitigationMarket ConditionsMarket Conditions (1)Core OperationsCore Operations (1)!Oil Natural Gas and NGL ProductDD A General and Administrative G A!Oil Natural Gas and NGL Pro (1) LOE (1) DD A (1)G ASources and UsesCapital ExpendituresAdjusted EBITDALegal ProceedingsItem 6 ExhibitsGrant DocumentsU }}$ SRC Energy Inc.10-Q 07/31/2019LOE # Three Months Ended June 30,~ ~ Production costs~ ~ Workover~ . ~ Total LOE~ ~ rPer BOE:Production costsQ@Q@Workover?{Gz? Total LOEQ@q= ףp@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6ztQx@#=PF0*8X> @ l ( dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!Registrants telephone number in SIGNATURES Balance SheetIncome Statement Cash FlowsShareholders Equity!CONDENSED CONSOLIDATED STATEMENMajor CustomersMajor Customers (1)Change in estimateCapitalized OverheadCapitalized Overhead (1)Capitalized Overhead (2)2025 Senior Notes!Offsetting of Derivative Assets!Offsetting of Derivative As (1)!Offsetting of Derivative As (2)!Offsetting of Derivative As (3)!Fair Value Measurements and Dis!Fair Value Measurements and (1)!Fair Value of Financial Instrum!Fair Value of Financial Ins (1) Stock optionsStock options (1)!Restricted stock units and stoc!Absolute Total Shareholder Retu!Absolute Total Shareholder (1)!Absolute Total Shareholder (2)!Absolute Total Shareholder (3)!13 Revenue from Contracts with 14 Leases 14 Leases (1) 14 Leases (2) 14 Leases (3) 14 Leases (4) 14 Leases (5)Oil Commitments LitigationMarket ConditionsMarket Conditions (1)Core OperationsCore Operations (1)!Oil Natural Gas and NGL ProductLOE General and Administrative G A!Oil Natural Gas and NGL Pro (1) LOE (1) DD A (1)G ASources and UsesCapital ExpendituresAdjusted EBITDALegal ProceedingsItem 6 ExhibitsGrant DocumentsU }*}$ SRC Energy Inc.10-Q 07/31/2019DD A # Three Months Ended June 30,(in thousands)~ ~ +#Depletion of oil and gas properties~ Vt~ ~" Depreciation and accretion~ Z ~ Total DD&A~ ~ VDD&A expense per BOE(\$@RQ#@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0s/sC=PF0*8X> @r l ]/ dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!Registrants telephone number in SIGNATURES Balance SheetIncome Statement Cash FlowsShareholders Equity!CONDENSED CONSOLIDATED STATEMENMajor CustomersMajor Customers (1)Change in estimateCapitalized OverheadCapitalized Overhead (1)Capitalized Overhead (2)2025 Senior Notes!Offsetting of Derivative Assets!Offsetting of Derivative As (1)!Offsetting of Derivative As (2)!Offsetting of Derivative As (3)!Fair Value Measurements and Dis!Fair Value Measurements and (1)!Fair Value of Financial Instrum!Fair Value of Financial Ins (1) Stock optionsStock options (1)!Restricted stock units and stoc!Absolute Total Shareholder Retu!Absolute Total Shareholder (1)!Absolute Total Shareholder (2)!Absolute Total Shareholder (3)!13 Revenue from Contracts with 14 Leases 14 Leases (1) 14 Leases (2) 14 Leases (3) 14 Leases (4) 14 Leases (5)Oil Commitments LitigationMarket ConditionsMarket Conditions (1)Core OperationsCore Operations (1)!Oil Natural Gas and NGL ProductLOEDD A!Oil Natural Gas and NGL Pro (1) LOE (1) DD A (1)G ASources and UsesCapital ExpendituresAdjusted EBITDALegal ProceedingsItem 6 ExhibitsGrant DocumentsU }I"}$ SRC Energy Inc.10-Q 07/31/2019*"General and Administrative ("G A") # Three Months Ended June 30,(in thousands)~ ~ Total Non-Cash G&A~ ;~ : Total Cash G&A~ ~ Capitalized G&A Costs~ 2~ 6Total G&A Expense~ n~ Non-Cash G&A Expense~ 1~ *1Cash G&A Expense~ V_~ aTotal G&A Expense~ n~ $Non-Cash G&A Expense per BOE= ףp=?\(\? Cash G&A Expense per BOE? ףp= ?G&A Expense per BOEQ?\(\@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/>0ymaU"g z!NB6=PF0*8X> @ l "CD dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!Registrants telephone number in SIGNATURES Balance SheetIncome Statement Cash FlowsShareholders Equity!CONDENSED CONSOLIDATED STATEMENMajor CustomersMajor Customers (1)Change in estimateCapitalized OverheadCapitalized Overhead (1)Capitalized Overhead (2)2025 Senior Notes!Offsetting of Derivative Assets!Offsetting of Derivative As (1)!Offsetting of Derivative As (2)!Offsetting of Derivative As (3)!Fair Value Measurements and Dis!Fair Value Measurements and (1)!Fair Value of Financial Instrum!Fair Value of Financial Ins (1) Stock optionsStock options (1)!Restricted stock units and stoc!Absolute Total Shareholder Retu!Absolute Total Shareholder (1)!Absolute Total Shareholder (2)!Absolute Total Shareholder (3)!13 Revenue from Contracts with 14 Leases 14 Leases (1) 14 Leases (2) 14 Leases (3) 14 Leases (4) 14 Leases (5)Oil Commitments LitigationMarket ConditionsMarket Conditions (1)Core OperationsCore Operations (1)!Oil Natural Gas and NGL ProductLOEDD A General and Administrative G A LOE (1) DD A (1)G ASources and UsesCapital ExpendituresAdjusted EBITDALegal ProceedingsItem 6 ExhibitsGrant DocumentsU }}$ } $} $ " SRC Energy Inc.10-Q 07/31/201991Oil, Natural Gas, and NGL Production and Revenues ! Six Months Ended June 30, Percentage~ ~ ChangeProduction: Oil (MBbls)~ T ~ < ~ %Natural Gas (MMcf)~ l~ ~ %NGLs (MBbls)~ !~ Z~ b %MBOE~ ~ ~ % BOED~ ~ ~ % Revenues (in thousands): Oil~ * ~ V~ V %Natural Gas~ V~ ~ %NGLs~ jr~ r~ %~ |~ ~ R %Average sales price: Oil)\(I@= ףp=M@~ %Natural GasRQ@Q?~ & %NGLsfffff%@L2@~ b %BOEQ=@@A@~ %$____________________________DMlvj^RFoLHV8Ctpsg !1 )Created by Morningstar Document Research.0!(http://documentresearch.morningstar.com/=PF0*8X> @"!! l GS dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!Registrants telephone number in SIGNATURES Balance SheetIncome Statement Cash FlowsShareholders Equity!CONDENSED CONSOLIDATED STATEMENMajor CustomersMajor Customers (1)Change in estimateCapitalized OverheadCapitalized Overhead (1)Capitalized Overhead (2)2025 Senior Notes!Offsetting of Derivative Assets!Offsetting of Derivative As (1)!Offsetting of Derivative As (2)!Offsetting of Derivative As (3)!Fair Value Measurements and Dis!Fair Value Measurements and (1)!Fair Value of Financial Instrum!Fair Value of Financial Ins (1) Stock optionsStock options (1)!Restricted stock units and stoc!Absolute Total Shareholder Retu!Absolute Total Shareholder (1)!Absolute Total Shareholder (2)!Absolute Total Shareholder (3)!13 Revenue from Contracts with 14 Leases 14 Leases (1) 14 Leases (2) 14 Leases (3) 14 Leases (4) 14 Leases (5)Oil Commitments LitigationMarket ConditionsMarket Conditions (1)Core OperationsCore Operations (1)!Oil Natural Gas and NGL ProductLOEDD A General and Administrative G A!Oil Natural Gas and NGL Pro (1) DD A (1)G ASources and UsesCapital ExpendituresAdjusted EBITDALegal ProceedingsItem 6 ExhibitsGrant DocumentsU }}$ SRC Energy Inc.10-Q 07/31/2019LOE ! Six Months Ended June 30,~ ~ Production costs~ ~ .+ Workover~ j ~ Total LOE~ ~ 0Per BOE:Production costsQ@)\(@WorkoverQ?{Gz? Total LOE\(\@{Gz@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6xtSzB% =PF0*8X> @ l ` dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!Registrants telephone number in SIGNATURES Balance SheetIncome Statement Cash FlowsShareholders Equity!CONDENSED CONSOLIDATED STATEMENMajor CustomersMajor Customers (1)Change in estimateCapitalized OverheadCapitalized Overhead (1)Capitalized Overhead (2)2025 Senior Notes!Offsetting of Derivative Assets!Offsetting of Derivative As (1)!Offsetting of Derivative As (2)!Offsetting of Derivative As (3)!Fair Value Measurements and Dis!Fair Value Measurements and (1)!Fair Value of Financial Instrum!Fair Value of Financial Ins (1) Stock optionsStock options (1)!Restricted stock units and stoc!Absolute Total Shareholder Retu!Absolute Total Shareholder (1)!Absolute Total Shareholder (2)!Absolute Total Shareholder (3)!13 Revenue from Contracts with 14 Leases 14 Leases (1) 14 Leases (2) 14 Leases (3) 14 Leases (4) 14 Leases (5)Oil Commitments LitigationMarket ConditionsMarket Conditions (1)Core OperationsCore Operations (1)!Oil Natural Gas and NGL ProductLOEDD A General and Administrative G A!Oil Natural Gas and NGL Pro (1) LOE (1)G ASources and UsesCapital ExpendituresAdjusted EBITDALegal ProceedingsItem 6 ExhibitsGrant DocumentsU }*}$ SRC Energy Inc.10-Q 07/31/2019DD A ! Six Months Ended June 30,(in thousands)~ ~ +#Depletion of oil and gas properties~ ~ " Depreciation and accretion~ - ~ & Total DD&A~ B~ DD&A expense per BOE(\$@(\"@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0s1uE=PF0*8X> @r l p dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!Registrants telephone number in SIGNATURES Balance SheetIncome Statement Cash FlowsShareholders Equity!CONDENSED CONSOLIDATED STATEMENMajor CustomersMajor Customers (1)Change in estimateCapitalized OverheadCapitalized Overhead (1)Capitalized Overhead (2)2025 Senior Notes!Offsetting of Derivative Assets!Offsetting of Derivative As (1)!Offsetting of Derivative As (2)!Offsetting of Derivative As (3)!Fair Value Measurements and Dis!Fair Value Measurements and (1)!Fair Value of Financial Instrum!Fair Value of Financial Ins (1) Stock optionsStock options (1)!Restricted stock units and stoc!Absolute Total Shareholder Retu!Absolute Total Shareholder (1)!Absolute Total Shareholder (2)!Absolute Total Shareholder (3)!13 Revenue from Contracts with 14 Leases 14 Leases (1) 14 Leases (2) 14 Leases (3) 14 Leases (4) 14 Leases (5)Oil Commitments LitigationMarket ConditionsMarket Conditions (1)Core OperationsCore Operations (1)!Oil Natural Gas and NGL ProductLOEDD A General and Administrative G A!Oil Natural Gas and NGL Pro (1) LOE (1) DD A (1)Sources and UsesCapital ExpendituresAdjusted EBITDALegal ProceedingsItem 6 ExhibitsGrant DocumentsU }I"}$ SRC Energy Inc.10-Q 07/31/2019G A ! Six Months Ended June 30,(in thousands)~ ~ Total Non-Cash G&A~ ~ o Total Cash G&A~ J ~ Capitalized G&A Costs~ z~ "Total G&A Expense~ b$~ (Non-Cash G&A Expense~ j~ \Cash G&A Expense~ ~ "Total G&A Expense~ b$~ ($Non-Cash G&A Expense per BOE333333?Q? Cash G&A Expense per BOEp= ף??G&A Expense per BOE= ףp=?Gz@$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/>~0tC+?BocW/=PF0*8X> @ l dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!Registrants telephone number in SIGNATURES Balance SheetIncome Statement Cash FlowsShareholders Equity!CONDENSED CONSOLIDATED STATEMENMajor CustomersMajor Customers (1)Change in estimateCapitalized OverheadCapitalized Overhead (1)Capitalized Overhead (2)2025 Senior Notes!Offsetting of Derivative Assets!Offsetting of Derivative As (1)!Offsetting of Derivative As (2)!Offsetting of Derivative As (3)!Fair Value Measurements and Dis!Fair Value Measurements and (1)!Fair Value of Financial Instrum!Fair Value of Financial Ins (1) Stock optionsStock options (1)!Restricted stock units and stoc!Absolute Total Shareholder Retu!Absolute Total Shareholder (1)!Absolute Total Shareholder (2)!Absolute Total Shareholder (3)!13 Revenue from Contracts with 14 Leases 14 Leases (1) 14 Leases (2) 14 Leases (3) 14 Leases (4) 14 Leases (5)Oil Commitments LitigationMarket ConditionsMarket Conditions (1)Core OperationsCore Operations (1)!Oil Natural Gas and NGL ProductLOEDD A General and Administrative G A!Oil Natural Gas and NGL Pro (1) LOE (1) DD A (1)G ACapital ExpendituresAdjusted EBITDALegal ProceedingsItem 6 ExhibitsGrant DocumentsU }8}$ SRC Energy Inc.10-Q 07/31/2019Sources and Uses ! Six Months Ended June 30,~ ~ 'Net cash provided by operations~ >h~ c Capital expenditures~ ~i ~ d 7/Net cash provided by other investing activities~ ~ 7/Net cash provided by (used in) equity financing~ j~ F/ activities5-Net cash provided by (used in) debt financing~ #~ &e activities0(Net increase (decrease) in cash and cash~ ګ~ hequivalents$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6sg7\R<}=PF0*8X> @ l dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!Registrants telephone number in SIGNATURES Balance SheetIncome Statement Cash FlowsShareholders Equity!CONDENSED CONSOLIDATED STATEMENMajor CustomersMajor Customers (1)Change in estimateCapitalized OverheadCapitalized Overhead (1)Capitalized Overhead (2)2025 Senior Notes!Offsetting of Derivative Assets!Offsetting of Derivative As (1)!Offsetting of Derivative As (2)!Offsetting of Derivative As (3)!Fair Value Measurements and Dis!Fair Value Measurements and (1)!Fair Value of Financial Instrum!Fair Value of Financial Ins (1) Stock optionsStock options (1)!Restricted stock units and stoc!Absolute Total Shareholder Retu!Absolute Total Shareholder (1)!Absolute Total Shareholder (2)!Absolute Total Shareholder (3)!13 Revenue from Contracts with 14 Leases 14 Leases (1) 14 Leases (2) 14 Leases (3) 14 Leases (4) 14 Leases (5)Oil Commitments LitigationMarket ConditionsMarket Conditions (1)Core OperationsCore Operations (1)!Oil Natural Gas and NGL ProductLOEDD A General and Administrative G A!Oil Natural Gas and NGL Pro (1) LOE (1) DD A (1)G ASources and UsesAdjusted EBITDALegal ProceedingsItem 6 ExhibitsGrant DocumentsU }0.}$ SRC Energy Inc.10-Q 07/31/2019Capital Expenditures ! Six Months Ended June 30,~ ~ -%Capital expenditures for drilling and~ V~ r completion activities.&Acquisitions of oil and gas properties~ n~ Jand leasehold 1.&Capitalized interest, capitalized G&A,~ ~ and other,$Accrual basis capital expenditures 2~ .U~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/4{oc- |pH=PF0*8X> @r l dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!Registrants telephone number in SIGNATURES Balance SheetIncome Statement Cash FlowsShareholders Equity!CONDENSED CONSOLIDATED STATEMENMajor CustomersMajor Customers (1)Change in estimateCapitalized OverheadCapitalized Overhead (1)Capitalized Overhead (2)2025 Senior Notes!Offsetting of Derivative Assets!Offsetting of Derivative As (1)!Offsetting of Derivative As (2)!Offsetting of Derivative As (3)!Fair Value Measurements and Dis!Fair Value Measurements and (1)!Fair Value of Financial Instrum!Fair Value of Financial Ins (1) Stock optionsStock options (1)!Restricted stock units and stoc!Absolute Total Shareholder Retu!Absolute Total Shareholder (1)!Absolute Total Shareholder (2)!Absolute Total Shareholder (3)!13 Revenue from Contracts with 14 Leases 14 Leases (1) 14 Leases (2) 14 Leases (3) 14 Leases (4) 14 Leases (5)Oil Commitments LitigationMarket ConditionsMarket Conditions (1)Core OperationsCore Operations (1)!Oil Natural Gas and NGL ProductLOEDD A General and Administrative G A!Oil Natural Gas and NGL Pro (1) LOE (1) DD A (1)G ASources and UsesCapital ExpendituresLegal ProceedingsItem 6 ExhibitsGrant DocumentsU }6}$ SRC Energy Inc.10-Q 07/31/2019Adjusted EBITDA # Three Months Ended June 30, ! Six Months Ended June 30,~ ~ ~ ~ Adjusted EBITDA: Net income~ S ~ b ~ n\ ~ r .&Depreciation, depletion, and accretion~ ~ V~ B~ ( Stock-based compensation expense~ 1~ *1~ j~ \.&Mark-to-market of commodity derivative contracts:5-Total loss on commodity derivatives contracts~ ~~ Z~ ~ 90(Cash settlements on commodity derivative~ F0~ ~ x~ ^ contracts3+Cash premiums paid for commodity derivative~ -~ - contractsInterest income~ ~ ~ ~~ Income tax expense~ ~ N4~ 6~ Adjusted EBITDA~ ~ ~ ~ $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/BXthDlT3]HPD8=PF0*8X> @j- l 7 dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!Registrants telephone number in SIGNATURES Balance SheetIncome Statement Cash FlowsShareholders Equity!CONDENSED CONSOLIDATED STATEMENMajor CustomersMajor Customers (1)Change in estimateCapitalized OverheadCapitalized Overhead (1)Capitalized Overhead (2)2025 Senior Notes!Offsetting of Derivative Assets!Offsetting of Derivative As (1)!Offsetting of Derivative As (2)!Offsetting of Derivative As (3)!Fair Value Measurements and Dis!Fair Value Measurements and (1)!Fair Value of Financial Instrum!Fair Value of Financial Ins (1) Stock optionsStock options (1)!Restricted stock units and stoc!Absolute Total Shareholder Retu!Absolute Total Shareholder (1)!Absolute Total Shareholder (2)!Absolute Total Shareholder (3)!13 Revenue from Contracts with 14 Leases 14 Leases (1) 14 Leases (2) 14 Leases (3) 14 Leases (4) 14 Leases (5)Oil Commitments LitigationMarket ConditionsMarket Conditions (1)Core OperationsCore Operations (1)!Oil Natural Gas and NGL ProductLOEDD A General and Administrative G A!Oil Natural Gas and NGL Pro (1) LOE (1) DD A (1)G ASources and UsesCapital ExpendituresAdjusted EBITDAItem 6 ExhibitsGrant DocumentsU }m)}$ }}$ SRC Energy Inc.10-Q 07/31/2019Legal Proceedings Period ( Total Number of Shares Purchased $ Average Price Paid per Share*"April 1, 2019 - April 30, 2019 (1)~ {Gz@&May 1, 2019 - May 31, 2019 (1)~ 2eQ@( June 1, 2019 - June 30, 2019 (1) ~ ףp= @ Total~ F$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,w|~rf =PF0*8X> @B l 0" dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!Registrants telephone number in SIGNATURES Balance SheetIncome Statement Cash FlowsShareholders Equity!CONDENSED CONSOLIDATED STATEMENMajor CustomersMajor Customers (1)Change in estimateCapitalized OverheadCapitalized Overhead (1)Capitalized Overhead (2)2025 Senior Notes!Offsetting of Derivative Assets!Offsetting of Derivative As (1)!Offsetting of Derivative As (2)!Offsetting of Derivative As (3)!Fair Value Measurements and Dis!Fair Value Measurements and (1)!Fair Value of Financial Instrum!Fair Value of Financial Ins (1) Stock optionsStock options (1)!Restricted stock units and stoc!Absolute Total Shareholder Retu!Absolute Total Shareholder (1)!Absolute Total Shareholder (2)!Absolute Total Shareholder (3)!13 Revenue from Contracts with 14 Leases 14 Leases (1) 14 Leases (2) 14 Leases (3) 14 Leases (4) 14 Leases (5)Oil Commitments LitigationMarket ConditionsMarket Conditions (1)Core OperationsCore Operations (1)!Oil Natural Gas and NGL ProductLOEDD A General and Administrative G A!Oil Natural Gas and NGL Pro (1) LOE (1) DD A (1)G ASources and UsesCapital ExpendituresAdjusted EBITDALegal ProceedingsGrant DocumentsU }I }$ }7 0 SRC Energy Inc.10-Q 07/31/2019Item 6. Exhibits Exhibit ExhibitNumber333333$@-%Form of Performance-Vested Stock Unit Agreement (2019) *?@0(Certification of the Principal Executive.&Officer pursuant to Rule 13a-14(a) and1)Rule 15d-14(a) of the Securities Exchange4,Act of 1934, as adopted, pursuant to Section/'302 of the Sarbanes-Oxley Act of 2002 *333333?@0(Certification of the Principal Financial.&Officer pursuant to Rule 13a-14(a) and1)Rule 15d-14(a) of the Securities Exchange4,Act of 1934, as adopted, pursuant to Section/'302 of the Sarbanes-Oxley Act of 2002 *@@1)Certifications of the Principal Executive/'Officer and Principal Financial Officer5-pursuant to 18 USC 1350, as adopted, pursuant0(to Section 906 of the Sarbanes-Oxley Act of 2002 **101.INS6.XBRL Instance Document - the instance document/'does not appear in the Interactive Data/'File because its XBRL tags are embeddedDf lsgCz(AZ r7 !"#$%&'()*+,-./ ( within the Inline XBRL document.!101.SCH!&!XBRL Taxonomy Extension Schema"101.CAL"4",XBRL Taxonomy Extension Calculation Linkbase#101.DEF#3#+XBRL Taxonomy Extension Definition Linkbase$101.LAB$.$&XBRL Taxonomy Extension Label Linkbase%101.PRE%,%$XBRL Taxonomy Extension Presentation&&&Linkbase'''((( )*))Filed herewith *****Furnished herewith+,$-____________________________1.)Created by Morningstar Document Research.0/(http://documentresearch.morningstar.com/$,su&G;/=PF0*8X> @//..-- l 8 dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??7!Registrants telephone number in SIGNATURES Balance SheetIncome Statement Cash FlowsShareholders Equity!CONDENSED CONSOLIDATED STATEMENMajor CustomersMajor Customers (1)Change in estimateCapitalized OverheadCapitalized Overhead (1)Capitalized Overhead (2)2025 Senior Notes!Offsetting of Derivative Assets!Offsetting of Derivative As (1)!Offsetting of Derivative As (2)!Offsetting of Derivative As (3)!Fair Value Measurements and Dis!Fair Value Measurements and (1)!Fair Value of Financial Instrum!Fair Value of Financial Ins (1) Stock optionsStock options (1)!Restricted stock units and stoc!Absolute Total Shareholder Retu!Absolute Total Shareholder (1)!Absolute Total Shareholder (2)!Absolute Total Shareholder (3)!13 Revenue from Contracts with 14 Leases 14 Leases (1) 14 Leases (2) 14 Leases (3) 14 Leases (4) 14 Leases (5)Oil Commitments LitigationMarket ConditionsMarket Conditions (1)Core OperationsCore Operations (1)!Oil Natural Gas and NGL ProductLOEDD A General and Administrative G A!Oil Natural Gas and NGL Pro (1) LOE (1) DD A (1)G ASources and UsesCapital ExpendituresAdjusted EBITDALegal ProceedingsItem 6 ExhibitsU }-}$ }I }$ SRC Energy Inc.10-Q 07/31/2019Grant Documents SRC ENERGY INC. GRANTEE Lynn A PetersonName-%Chief Executive Officer and PresidentDate$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0th8b~V=PF0*8X> @ Root Entry FBook !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~ !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~