WHO WE ARE

Vision

To generate consistent, sustainable and long-term best in class returns in oil and gas by living our core values and emphasizing technology

Core Values

1. Integrity – To be honest and adhere to moral principles

2. Respect - Treat others the way we want to be treated

3. Dedication – Wholly committed to a course of action

4. Commercial Focus - Main emphasis is pursuit of profit

5. Philanthropy - Promote the welfare of others

Looking For

Our goal for 2020-2021 is to establish deal flow to acquire properties with the following characteristics

• Base production -> not looking to materially pay for upside development potential)

• Onshore US -> Nothing international

• Scalable and Lendable -> Traditional RBL financing

• Commodity agnostic -> i.e. no preference to oil or gas

• Recovery agnostic -> i.e. open to conventional and unconventional as well as 2^nd or tertiary recovery

• Material -> $1-50M valuation

Strategy

1. Identify value-add potential, such as:

• Production uplift and optimization

• 3D Seismic leveraging

• Modernization of energy (onsite electric generation, etc.)

• Downside risk mitigation (i.e. MIT/P&A risk)

• Optimization of risk/reward (i.e. “shape of the bet)

2. Key strategy drivers:

• Establish strategic relationships with operators, consultants and capital providers

• Disciplined in strategically deploying capital for longer-term market cycles

• Deploy technology and analytics to uncover values

Koch Brothers -> Bill Koch -> Gunnison Energy