Expect to Utilize available capital sources to complete initial targeted PDP acquisitions and beyond

  • Expect to deploy $75 million credit facility, via investment banking relationship with MLV & Co (now FBR)., with funds dedicated to the acquisition of proved producing assets with competitive economics in today's market
  • Additional business operating capital available from a Navitus Energy Group private placement (Victory partner through Aurora) for support of company operational needs

Grow Proved Reserves by acquiring non-operated PDP assets, with future PUD development drilling locations

  • Current acquisition target deal-flow is significant in volume and growing
  • Majority of current acreage is held by production with limited exposure to lease renewals
  • Drilling opportunities will be leveraged with a supportive commodity price

Partner with operators today, then build-out internal operating capabilities in 2016

  • Operators must have an established track record and a team of quality management, geologists, engineers and service providers who have worked together on similar plays
  • Non-operated asset acquisitions must have a history of solid economic performance from the current operator

Work Toward Exchange Up-listing from OTC:QB to NYSE MKT or NASDAQ

  • Improves shareholder liquidity
  • Provides institutional coverage
  • Increases access to capital for ongoing growth