• Privately held operating company formed in 2014 to pursue Permian Basin resource plays

  • Experienced management team with a proven track record of 25+ years each in creating value through successful exploration and development for leading independents and successful start-ups, including EOG Resources, Newfield Exploration, Southwestern Energy, Shell and Sheridan Production

  • Acquired Gardendale Area assets between December 2014 and November 2015

  • Acquired Sugg Ranch Area assets in March 2017

  • Financing: Line-of-equity investment of up to $500 million led by Warburg Pincus

  • Headquarters: Houston, Texas