CARNELIAN ENERGY CAPITAL

Dillon MacDonald is a Managing Director at Carnelian Energy Capital Management, L.P., where he works on transaction due diligence, analytics, execution, and monitoring of active portfolio companies. He previously held roles as a Director at Värde Partners, an Associate at Avista Capital Partners, and an Analyst in the Investment Banking Group at Tudor, Pickering, Holt & Co. He holds a B.A. in Political Science from Vanderbilt University and is a CFA charterholder.

Matt Kelly is a Managing Director at Carnelian Energy Capital Management, L.P., where he leads investment sourcing regions, transaction due diligence and execution, and monitoring of active portfolio companies. He previously worked as an analyst in the Energy & Power Investment Banking Group at Wells Fargo Securities, focusing on M&A, capital markets financings, and strategic advisory across the upstream, midstream, and oilfield services sectors. He holds a B.B.A. and an M.P.A. in Accounting from The University of Texas at Austin.

Tomas Ackerman is a Co-Founder and Partner of Carnelian Energy Capital Management, L.P., where he oversees investment sourcing, transaction negotiation and execution, portfolio company monitoring, and firm management and strategy. Before founding Carnelian, he was a Managing Director and Head of the Houston office at Natural Gas Partners. He holds a B.B.A. in Finance from the Business Honors Program at The University of Texas at Austin and an M.B.A. from Harvard Business School.

Ben Fowler is a Senior Associate at Carnelian Energy Capital Management, L.P., where he works on transaction due diligence, analytics, execution, and monitoring active portfolio companies. He previously worked as an Analyst in the Energy Investment Banking Group at Jefferies, handling mergers and acquisitions, capital markets financings, and strategic advisory work in the energy industry. He earned a B.B.A. in Finance from the Neeley School of Business at Texas Christian University.

Cade Peveto is an Associate at Carnelian Energy Capital Management, L.P., where he works on transaction due diligence, analytics, execution, and monitoring of portfolio companies. He was previously an Analyst in the Energy Investment Banking Group at Jefferies, covering M&A, capital markets financings, and strategic advisory work in the energy industry. He holds a B.B.A. in Finance from Texas Christian University.

Craig Schecter is a Vice President at Carnelian Energy Capital Management, L.P., where he works on transaction due diligence, analytics, execution, and monitoring of active portfolio companies. He previously worked as an analyst in the Investment Banking group at RBC Capital Markets, advising clients in the upstream and midstream sectors on mergers, acquisitions, divestitures, and strategic assignments. He holds a B.S. in Mechanical Engineering from The University of Texas at Austin.

Galit Wolf is Vice President of Administration at Carnelian Energy Capital Management, L.P., where she handles administrative, personnel, marketing, and office-related matters. She previously worked as a Senior Tax Accountant and Director of Family Office Services at Miller Grossbard Advisors, LLP, a CPA firm in Houston, providing accounting services to individual, family office, and corporate clients. She holds a B.B.A. in Accounting from The University of Texas at Austin.

Jeffrey Gilbert is the Chief Operating Officer and Chief Legal Officer of Carnelian Energy Capital Management, L.P., overseeing internal operations such as compliance, human resources, vendor selection, and community relations, as well as legal and strategic matters, and supporting Carnelian's portfolio companies. He previously worked as an attorney in the Houston office of Bracewell LLP. He holds a Bachelor of Journalism from The University of Texas at Austin and a J.D. from The University of Texas School of Law.

Justin Chen is a CPA serving as Controller at Carnelian Energy Capital Management, L.P., where he supports the firm's tax, accounting, finance, and reporting functions. He previously worked in the Partnership Tax Services practice at Grant Thornton Advisors, focusing on tax compliance and consulting for private equity and investment management clients, and began his career in Deloitte Tax's Multistate Tax Services practice. He holds a Bachelor of Business Administration and a Master in Professional Accounting from The University of Texas at Austin.

Mary Kathryn Starr is Vice President of Accounting at Carnelian Energy Capital Management, L.P., where she works on the firm's accounting, finance, and reporting functions. She previously served as a Manager in the Audit Services practice at Grant Thornton LLP, overseeing audits of public and private oil and gas companies. She holds a B.B.A. in Accounting and a Master of Accountancy from The University of Georgia.

Matt Savage is General Counsel of Carnelian Energy Capital Management, L.P., where he oversees the legal function for the firm and its portfolio companies. Before joining Carnelian, he practiced law in the Houston office of Gibson, Dunn & Crutcher, representing exploration and production companies, midstream companies, private equity sponsors and financial institutions in corporate and transactional matters, including mergers, acquisitions, divestitures and joint ventures. He holds a B.A. in Government from The University of Texas at Austin and a J.D. from The University of Houston Law Center.

Megan Liu is an Associate at Carnelian Energy Capital Management, L.P., where she works on transaction due diligence, analytics, execution, and monitoring of active portfolio companies. She previously served as an Analyst in the Global Energy Investment Banking Group at Morgan Stanley, working on mergers and acquisitions, capital markets financings, and strategic advisory assignments in the energy industry. She holds a B.A. in Economics from Rice University.

Nick Christ is Head of Engineering at Carnelian Energy Capital Management, L.P. Before Carnelian, he was a Senior Vice President in the Energy Private Equity Group at Kayne Anderson Capital Advisors, and earlier worked as a Petroleum Engineer at Netherland Sewell & Associates and as a Senior Reservoir Engineer at a private equity-backed oil and gas company and at Range Resources Corporation. He holds a B.S. in Petroleum Engineering from The University of Texas at Austin and an M.B.A. from Southern Methodist University.

Patrick Elder is a Senior Associate at Carnelian Energy Capital Management, where he works on transaction due diligence, analytics, execution, and monitoring active portfolio companies. He previously served as an Analyst in the Global Energy Investment Banking Group at Morgan Stanley, handling mergers and acquisitions, capital markets financings, and strategic advisory work for energy clients. He holds a B.S. in Management with concentrations in Finance and Accounting from Boston College.

Stephen Wedemeyer, a CPA, is the Chief Financial Officer of Carnelian Energy Capital Management, L.P., where he leads the firm's accounting, finance, and reporting functions. He previously served as Manager of Finance and Operations at Stellus Capital Management and began his career in the Assurance Services practice at Ernst & Young. He holds a BBA in Finance from The University of St. Thomas and a Master of Science in Accountancy from The University of Houston.

Wes Dooley is a Vice President at Carnelian Energy Capital Management, L.P., where he works on transaction due diligence, analytics, execution, and monitoring active portfolio companies. Before joining Carnelian, he was an analyst in the Global Energy Investment Banking Group at Citi, working on mergers and acquisitions, capital markets financings, and strategic advisory for oil and gas clients. He holds a B.B.A. in Finance from The University of Texas at Austin.