Vitesse resolves Hess dispute: $24M payment, in-kind gas take starting July 1

Vitesse Energy, Inc.

Dispute with operator Hess over post-production deductions resolved effective May 28, 2025, avoiding June 16 trial.
$24M one-time cash payment to Vitesse, due no later than June 25, 2025.
Effective July 1, 2025, Vitesse will take virtually all Hess-operated gas production in-kind.
Long-term gas gathering, processing and marketing agreements entered with Hess affiliates.

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