Historical Success

Proven track record of building value in upstream energy

Integrated Development Hub in Ward County, TX

Lease Automatic Custody Transfer (LACT): Provided accurate measurement and quality control for crude oil sales into pipeline/purchaser.

Integrated Production Hub: Separators, tanks, and compressors consolidated output from multiple wells.

Water Infrastructure: Large impoundments enabled frac supply and produced water recycling.

Operational Efficiency: Centralized logistics reduced trucking, improved measurement integrity, and supported scalable development.

Revenue Integrity: Ensured precise accounting and reliable delivery for investors and royalty owners.

Grew asset to 20,000 acres and built production from ~250 boepd to ~40,000 boepd at its peak
Divested assets September 2024 to Vital Energy and NOG for $1.1B
Increased cycle times, reduced surface count, and optimized development capital by being an early mover to 15,000' laterals
Drilled and completed a total of 84 horizontal wells in multiple targets over a 5 year period
Built world-class production facilities with the ability to process 60,000 boepd
Optimized water handling with SWD wells and 3,000,000 bbl frac pond

Grew operated production from 800 bopd to 16,500 bopd at its peak in just over 4 years
Recapitalized assets in 2022 and divested at the end of 2024 for ~$500MM after a 2022 recap that returned over 2x MOIC
Developed 61 horizontal wells in multiple targets across the Delaware and Midland Basins
Successfully took 6,500 aces of once edge-of-basin acreage in Howard county to a multi-bench, proven asset