BLACKBEARD OPERATING, LLC

Starting in 2014, Blackbeard has become one of the largest privately-held energy producers in the United States. We focus on acquiring, operating, and developing high-quality, mature energy-producing properties. Our disciplined approach has created a high-margin business with diversified assets, a strong balance sheet, high-return reinvestment opportunities, and a culture of servant leaders that prioritizes environmental stewardship and safety. Our business model is designed to support flexibility and profitability through the cycles. With continued support from our equity sponsors, NGP Capital Partners, the management team, and strategic 3rd party professionals we are committed to delivering positive results and maintaining our culture of excellence. We also strive to foster relationships with like-minded individuals, companies, and vendors in order to add value to all facets of our daily operations. We are continuously looking to establish new business partnerships to accelerate deal flow and diversify the risks associated with finding and developing energy-producing properties. With both highly motivated and innovative technical personnel and a premier asset base, we deliver high-yield results to our partners and expect continued success.