Advance Energy Partners, LLC

Advance Energy Partners will source, evaluate and acquire oil and gas assets in focus areas with proven hydrocarbons where we recognize differentiated opportunities to increase asset value. We are actively evaluating and seeking out opportunities and partners within our principle focus areas within the Permian Basin, Cretaceous section of the Gulf Coast and the Powder River Basin. We will seek out acquisition or Joint Venture opportunities targeting development of quality assets within our focus areas. The company will concentrate on achieving high rates of return through a deep understanding of the reservoirs and in applying appropriate technologies which will unlock value through efficient appraisal, exploitation, drilling, completion and production operations. To further unlock value from under-explored horizons within the asset the company will carry out limited exploration based on low geologic risk. We pursue both oil and gas opportunities and work within commercial structures that give us control over budget, work programs and operations.