Core Viewpoint - The discussion centers around the advantages of diversified upstream portfolios in the shale exploration and production (E&P) sector, contrasting with the benefits of being a pure play focused on a single basin [2]. Group 1: Diversified Business Models - Companies like Corterra, Devon, Ovintiv, and Northern Oil and Gas are highlighted for their diversified business models, which allow them to operate across multiple basins [1]. - The panel discussion emphasizes the need for the market to better recognize the value of operating in multiple basins, suggesting that diversification can mitigate risks associated with being concentrated in one area [2].