PEARL ENERGY INVESTMENTS — Full Portfolio

Blackjack Natural Resources acquires and develops oil and gas assets in the mid-continent region with a focus on capital efficiency and operational excellence.

EnergyOklahoma City, US

Grant(EVP, Operations)

Dragonfly Oil & Gas Partners is an upstream oil and natural gas exploration and production company focused on acquiring and developing operated oil inventory in the Permian, MidCon, and South Texas regions.

Energy

Steven Mickey(Co-Founder and Co-CEO)John Fechtel(Co-Founder and Co-CEO)David DaGian(Co-Founder and Senior Vice President of Geosciences)

Eagle Mountain Energy Partners is a private exploration and production company that acquires and develops onshore oil and gas assets, primarily in Rocky Mountain basins.

EnergyHouston, US

Eric Pregler(Co-founder)Shaleen Patel(Co-founder)Michael DeKruif(Co-founder)Kyle Dubiel(Co-founder)

Slant Energy is a private oil & gas exploration and production company that acquires, develops, and optimizes upstream assets across onshore basins in the United States.

EnergyLafayette, US

Triton Midstream develops and operates water midstream infrastructure for oilfield water management in the energy industry, serving oil and gas producers in the Permian Basin.

CleantechEnergy

Streamline Innovations develops technologies that convert hydrogen sulfide and other pollutants from heavy industrial operations into inert, non-toxic products such as elemental sulfur fertilizer.

AI & Machine LearningCleantechClimate TechEnergyEnterprise SoftwareIoTSan Antonio, US

GGGary Gill(Executive Officer)inWilliam Lemmer(Executive Officer, Director)DSDavid Sisk(Executive Officer, Director)

BoardRobert Raymond(Director)H.W. Cox, Jr. Ph.D.(Director)

Board seatSCSteven Cobb· per SEC Form D

Co-investorsCUCubit Capital

The company provides regulatory compliance reporting services, including ESTMA (Extractive Sector Transparency Measures Act) reporting and Modern Slavery Bill S211 reporting.

GovTechSaaSCalgary, CA

Permian Resources is an independent oil and natural gas company that acquires, optimizes and develops oil and liquids-rich natural gas assets.

EnergyMidland, US

Powderhorn is an upstream oil and gas company that acquires and develops properties in the Permian Basin.

EnergyMidland, US

Jack Yates(Co-CEO)inPatrick Walter(Co-CEO)in

Spur Petroleum Ltd. is a privately-owned oil and natural gas company with operations focused on the Clearwater oil play in northern Alberta.

EnergyCalgary, CA

Andrew Leuchter(Executive Officer)David O'Brien(Director)Greg Warner(Executive Officer)Matt Young(Executive Officer)Grant Zawalsky(Director)Ron Wigham(Director)

Co-investorsLOLongbow Capital

Spring Valley is a Dallas-based asset management firm that operates a family of special-purpose acquisition vehicles formed to merge with or acquire businesses in the power infrastructure and decarbonization sectors.

CleantechClimate TechEnergyDallas, US

Chris Sorrells(CEO & Chairman)Jeff Schramm(CFO)Robert Kaplan(COO & Head of Business Development)

Swordfish Energy operates in upstream oil and gas, focusing on asset acquisition, development, and operations.

EnergyHouston, US

Marcos Briceno(Founder & CEO)Patrick Sherman(Founder & CFO)

Co-investorsENEnCap Energy Transition

Voyager Midstream operates natural gas infrastructure in the Haynesville region, providing gathering, processing, compression, and liquids fractionation services to energy producers.

EnergyEast Texas and Louisiana, US

William Harvey(Founder)in

Wild Basin Energy acquires oil and gas mineral rights from mineral owners, using a technically-driven minerals evaluation to price offers and generate risk-adjusted returns for investors.

Energy

Blake Williams(CEO)JSJacob Sexton(CFO)Debbie Brandes(VP of Reservoir Engineering)