Larry E. Hartman, Jr. Email & Phone Number

Co-Founded Crimson Energy Services, an Oklahoma-based saltwater disposal company focused on providing disposal, clean-out, solids handling and construction solutions to operators in the SCOOP and STACK regions of Oklahoma. ■ Managed all Treasury, Legal, Accounting, Planning, Business Development and Reporting functions; Responsible for setting corporate strategy and long-term growth objectives.■ Successfully raised $13 million of debt capital through four fundraises in 12 months.■ Grew operations from one facility injecting 500 barrels of water per day (“bwpd”) in Dec 2018 to seven facilities injecting more than 45,000 bwpd in April 2023. Grew injection capacity from 5,000 bwpd to 140,000 bwpd. ■ Revenue grew from negligible to greater than $7 million annualized rate in 2023.■ Sourced and negotiated a pipeline partnership with a private equity backed company to increase volumes at a key facility.

Giving back to the community by teaching, mentoring and encouraging the next generation while spreading the word about the positive impact that business has on the world.Class taught (multiple semesters):BUSI1301 - Business Principles

Houston, Texas, Us

Co-founder of Arb Energy, a Houston-based exploration and production company that aggressively pursued off-market deals and applied top-tier technical rigor and operational excellence to generate long-term, reliable cash flow for its investors. The company has operated and non-operated assets in the Eagle Ford, STACK and Rockies regions and has conventional, unconventional and SWD assets.■ Managed all Treasury, Legal, Land, Business Development, Technical and Operations functions.■ Formed the team, sourced, vetted and closed a 3.1 mmcfd Rockies natural gas deal within four months. ■ Generated, proposed and gained Board approval for a $500,000 12-month development plan for the acquired property.■ Within three months the team had reduced LOE by 20% through optimization, renegotiating contracts and short-payback lease buyouts; production has increased by 30% through low-cost wellwork, optimization and opportunistic acquisitions; and the total spent to accomplish this was $150,000.

Houston, Texas, Us

Joined D3 Energy, a conventional oil and gas explorer and producer focused in the Eastern Shelf of the Permian Basin. The team spent 2.5+ years studying and analyzing the region and developed three distinct risk-reward plays in the region. ■ Monitored the strategy and created updated materials for capital partners, other executives and the operations team.■ Sourced, diligenced and negotiated deal structures for potential acquisitions and capital partners.■ Built and maintained the corporate financial model.■ Generated and updated the development plans in all three strategies, which vary dependent on proposed investment thresholds and market conditions.■ Maintained a current set of comparable company and transaction multiples for A&D purposes.■ Reviewed all the internal and external engineering conducted on the prospects, including type curve derivation, cost estimates, risk analysis and valuation summaries.■ Maintained relationships with potential RBL providers, back-office outsourcing companies and legal counsel.

London, Gb

Joined the Iskandia Energy Group, a pension-fund backed operator of Brownfield assets within the US and Canada. Iskandia/TEO (Technology Enhanced Oil) applies disruptive technologies from various industries, across the world, to the Oil & Gas sector. Primary acquisition focus is on oily, conventional, low-decline, underutilized assets in Texas and surrounding states with a particular interest in the 'trouble-wells' that other operators shun.■ Sourced new acquisition opportunities for the Iskandia team. Worked with the Chief Technology Officer to ensure compatibility with vetted technologies and overall strategy, liased with the Head of Implementation to develop a forecast for production upside and projected costs, and reviewed with the CFO to ensure a fit within the financial model and shareholder expectations.■ Performed technical due diligence on projects. Verified that the cost structure, decline curves and proposed capital plans matched what has been historically observed in seller and offset wells. Reviewed any work prepared by a third-party reserves auditor or seller’s agent.■ Sourced, evaluated, negotiated and closed a 600 boepd deal in three months; Iskandia's first sizable acquisition.■ Reviewed more than 50 deals for potential fit within Iskandia’s strategy and generated a high-graded list of leads.■ Created two large strategic initiatives to help focus the sourcing, acquisition and operations efforts.■ Managed third-party consultants that had been retained by Iskandia to assist in sourcing, land diligence and rollup efforts.■ Completed the original reserves report and made recommendations to implement the appropriate controls processes.

Houston, Texas, Us

Recruited to Director-level role; lead 3-member team managing all corporate engineering processes including Reserves, Budget & Planning and Business Development.■ Ensure completeness and accuracy of quarterly actuals vs forecasts provided to the executive team by working with business unit leaders, asset teams and accounting to assemble and roll data into financial models by the Director of Finance; assumed full responsibility for financial modeling following departure of Director from Sabine.■ Provide executive leadership team with a menu of recommended development plans/scenarios and the pros/cons of each, strengthening strategic and capital allocation planning.■ Apprise executive leadership and the Board of Directors on critical items including borrowing base implications of acquisitions, divestitures, reserves revisions and commodity price movements.■ Prepared reserves report for initial public filing; selected Ryder Scott and managed initial and subsequent audit engagements; provided reserves guidance to the Deloitte financial audit team during their firm’s engagements; final sign-off authority on quarterly and year-end SEC reserves bookings.■ Work with legal counsel and internal accounting teams to draft sections of the S-1, S-3, 10-Q's and 10-K's; respond to SEC comments related to Sabine’s public filings. ■ Liaise with member banks of Sabine’s lending group to facilitate semi-annual borrowing base redeterminations.■ Manage lawyers’ and banks’ technical evaluations of company valuation; role was integral in corporate restructuring.■ Key role on 7 successful transactions worth $1.5+ billion including buy-side, sell-side, asset-level and corporate-level transactions primarily in the Texas Panhandle, Eagle Ford and East Texas regions. Led or participated in 6 unsuccessful processes and attended more than a dozen other datarooms and/or presentations.

Zurich, Ch

Recruited following completion of MBA to role covering the refining, oilfield services, MLP and E&P verticals through M&A, capital markets financings and strategic advisory services. ■ Raised debt and equity capital through public and private markets, participated in credit facilities, facilitated commodity price risk management, and managed advisory assignments including strategic reviews, defenses, acquisitions, divestitures and fairness opinions.■ Key role in 15 successful deals with total value of $14 billion. Sole associate on 6 lead left deals with total value of $2.9 billion. Representative transactions included: » Icahn Enterprises, LP restructuring of CVR Energy, Inc. - Levered capital structure, issued $500 million in new MLP-friendly debt (executing a $690 million MLP IPO of CVR’s refining assets and conducting a $265 million secondary offering of units in CVR’s fertilizer business). This transaction was the largest ever MLP IPO to that date.» Bristow Group’s - $250 million acquisition of assets and minority interest in Cougar Helicopters, Inc. Managed deal valuation, creating the earn-out structure and formulation of the negotiation strategy.

San Ramon, Ca, Us

Launched a worldwide Gas Well Deliquification (“GWD”) initiative utilizing a game-changing technology developed as Operations Engineer at Unocal that enabled Chevron to recover up to 30% incremental gas reserves from offshore gas wells. ■ Created a comprehensive campaign to educate 4 key offshore business units on the GWD initiative and opportunity.■ Implemented 3 pilot programs, in the Gulf of Mexico, North Sea and Thailand with a combined NPV in excess of $25 million and combined ROI of more than 200%.■ Served as Chevron’s GWD “face of the technology” to ensure global recognition as an industry leader in this new segment. Published results in technical papers, included new methodologies in industry magazines such as World Oil, participated in multiple GWD conferences as a presenter, and was the moderator of a panel on emerging new technologies in artificial lift.

San Ramon, Ca, Us

Retained following Chevron’s acquisition of Unocal in a key leadership position as one of 2 people selected to integrated processes and systems from Unocal to Chevron. ■ Worked with Ryder Scott to verify/integrate over 75% of the reserves.■ Led 5-person multidisciplinary team that executed multiple well work opportunities in 4 offshore oil and gas fields, with focus on field development plans to restore production delayed or lost due hurricanes Katrina and Rita.■ Identified, recommended, planned and executed more than $15 million in capital projects; developed discounted cash flow models, models, incorporating the risk, cost, production profiles and insurance payouts.

Us

Recruited following internship to manage day-to-day operations in 4 offshore oil and gas fields■ Optimized well production and performance. ■ Defined, recommended and led execution of maintenance procedures on underperforming wells.■ Achieved monthly production accuracy within 5% of actual for 8 straight months, in challenging-to-forecast offshore production environment; anticipated production restraints and reacted quickly to wells that went down.

Us

Investigated the potential of acquiring a large offshore competitor. Created a reserve model that used data found in 10-K’s, reserve reports and other filings to estimate what the company had in non-reported reserves classifications, such as undeveloped, unproven or stranded.

Mba

Bs, Petroleum Engineering, Economics & Business

Study Abroad: Economics - English Track

Study Abroad: Economics