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Lease/Development

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Use expertise to prospect and evaluate productive edges on known resource plays

 

Delineate AOIs through seismic, well production, and analytics

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Utilize long term trustworthy local operators to unlock previously unavailable resource play acreage

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Identified 7,500 acres of bypassed pay in the Shelby Trough

 

Raised capital, leased, developed and divested position to Silver Hill Energy Partners LP

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Potential operators identified and under NDA; discussing next steps (confidential)

 

Structure:  DTE (drill-to-earn) or carried interest to limit capital exposure while maintaining upside on lease capital deployed

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