WhiteHawk Energy Sends Letter To PHX Minerals Chairman Mark Behrman With Respect To Its $4.00 Per Share Proposal

The letter includes details of the extensive efforts WhiteHawk has made over the past 18 months to engage with PHX to maximize value for stockholders through a transaction.

Urges the PHX Board of Directors to engage with WhiteHawk to pursue and complete a transaction following unwillingness to engage over the past 18 months