We follow a disciplined value-focused investment strategy designed to capitalize on the unique characteristics and trends of the energy industry and the complementary expertise of the investment professionals. We generally make controlling or influential minority investments of $15 to $50 million in start-ups and existing small-sized oil and gas companies.

We look to generate attractive returns by investing in regionally-focused companies with lower-risk asset-based business strategies, including business plans focused on acquisitions, exploitation and development, area consolidation and buyouts. We partner with top quality management teams with focused regional expertise to drive improved operating performance and identify value enhancing capital investment projects to deliver profitable growth.

By focusing on small scale acquisition, exploitation and development opportunities, portfolio companies can capitalize on the more compelling valuations and greater potential for proprietary-source deals available within the sub-$50 million transaction market. After portfolio companies have established more competitively-scaled, regionally-concentrated asset positions, those companies should benefit from improved exit prospects.

Further, this asset-based strategy provides for opportunistic use of financial leverage and commodity hedging to enhance and protect returns.