Climate Change Data

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• Fluctuations in oil and gas prices impacting net proceeds and distributions.
• Depleting assets (oil and gas reserves).
• Operating risks for Hilcorp (operator) affecting Trust distributions.
• Potential for bankruptcy of Hilcorp impacting operations and distributions.
• Extensive governmental regulation impacting production and costs.
• Climate change laws and regulations impacting oil and gas production.
• Cybersecurity risks.
• Tax risks related to Trust Units.

Mitigation Strategies

• Establishment of cash reserves to cover operating expenses.
• Reliance on Hilcorp's information and engagement of independent auditors for verification.
• Ongoing comprehensive audit process to ensure compliance with Trust agreements.
• Implementation of robust cybersecurity protocols.
• Consultation with tax advisors regarding tax implications.

Supply Chain Management

Climate-Related Risks & Opportunities

Transition Risks

• Government actions to reduce GHG emissions
• Increased regulatory burden