Energy Funds Portfolio Investments

Acacia Exploration Partners

Initial Investment: July 2018

Acacia Energy Partners is a private exploration and production company based in Dallas, Texas that focuses on drilling and development opportunities in the Mid-Continent region.

Addison Oil

Initial Investment: October 2008
Realization: August 2011

Addison Oil was a private exploration and production company based in Addison, Texas that focused on the acquisition and exploitation of primarily oil properties in regions saturated with legacy producing assets.

Adventure Exploration Partners

Initial Investment: June 2007
Realization: November 2011

Adventure Exploration Partners was a private exploration and production company based in Midland, Texas that focused on acquiring and exploiting properties in West Texas and Southeast New Mexico.

Adventure Exploration Partners II

Initial Investment: April 2012
Realization: November 2014

Adventure Exploration Partners II was a private exploration and production company based in Midland, Texas that focused on the development of oil and gas reserves in the Permian Basin.

Adventure Exploration Partners III

Initial Investment: March 2015
Realization: July 2019

Adventure Exploration Partners III is a private exploration and production company based in Midland, Texas that focuses on the development of oil and gas reserves in the Permian Basin.

Alamo Resources II

Initial Investment: June 2010
Realization: August 2016

Alamo Resources II was a private exploration and production company based in Houston, Texas that focused on the acquisition and exploitation of oil and gas assets, primarily in New Mexico and Texas.

Amistad Energy Partners

Initial Investment: June 2015
Realization: November 2017

Amistad Energy Partners was a private exploration and production company based in Houston, Texas that pursued acquisitions of oil and gas assets with scalable development upside throughout select North American basins, focusing on the Permian Basin, Mid-Continent and East Texas regions.

Augustus Energy

Initial Investment: September 2006
Realization: March 2014

Augustus Energy is a private exploration and production company based in Billings, Montana that focuses on the acquisition of oil and gas properties in the Rocky Mountain, Mid-Continent and Gulf Coast regions.

Axia Energy

Initial Investment: August 2009
Realization: December 2013

Axia Energy was a private exploration and production company based in Denver, Colorado that focused on the acquisition and development of oil and gas properties in the Rocky Mountains.

Balidor Oil & Gas

Initial Investment: April 2015

Balidor Oil & Gas is a private exploration and production company based in Houston, Texas that is pursuing acquisitions of oil and gas assets with scalable exploitation and development upside. Balidor plans to evaluate opportunities across the onshore U.S. with a focus on the Ark-LA-Tex, Mid-Continent and Rockies regions.

Bargo Energy

Initial Investment: May 1999
Realization: May 2002

Bargo Energy was an exploration and production company based in Houston, Texas that focused on the acquisition, divestiture, development and production of oil and gas properties in Texas, Louisiana, California and New Mexico.

Beacon E&P Company

Initial Investment: June 2009
Realization: March 2016

Beacon E&P Company was a private exploration and production company based in Denver, Colorado that seeked to assemble and develop a portfolio of onshore oil and natural gas assets in the United States with a focus on unconventional plays requiring leading-edge drilling and completion technologies.

Beacon E&P Company II

Initial Investment: March 2016

Beacon E&P Company II is a private exploration and production company based in Denver, Colorado that seeks to assemble and develop a portfolio of onshore oil and natural gas assets in the United States with a focus on unconventional plays requiring leading-edge drilling and completion technologies.

Blacksand Energy

Initial Investment: July 2005
Realization: July 2006

Blacksand Energy was a private exploration and production company based in Denver, Colorado that focused on production and development of primarily oil reserves in California.

Blue Mountain Energy

Initial Investment: November 2000
Realization: April 2005

Blue Mountain Energy was a private exploration and production company based in Calgary, Alberta that focused on exploring, acquiring and exploiting oil and gas assets in the Western Canadian Sedimentary Basin.

Caddo Resources

Initial Investment: September 2006
Realization: June 2008

Caddo Resources was a private exploration and production company based in Dallas, Texas that focused on drilling and developing oil and gas properties in North Louisiana.

Calyx Energy

Initial Investment: March 2008
Realization: February 2014

Calyx Energy was a private exploration and production company based in Tulsa, Oklahoma that focused on the drilling and development of primarily gas assets in Northeastern and North-Central Oklahoma.

Canaan Natural Gas

Initial Investment: September 2002
Realization: September 2003

Canaan Natural Gas was a private exploration and production company based in Oklahoma City, Oklahoma that focused on acquiring and exploiting long-lived natural gas reserves in the Anadarko and Arkoma Basins of Oklahoma and Arkansas.

Cantera Energy

Initial Investment: July 2012
Realization: November 2017

Cantera Energy was an independent oil and natural gas company headquartered in The Woodlands, Texas that focused on the acquisition and development of oil and natural gas properties with identifiable exploitation and development upside in the onshore Gulf Coast regions.

Casillas Petroleum Resource Partners I & II

Initial Investment: April 2016

Casillas Petroleum Resource Partners I & II are private exploration and production companies committed to the further development of onshore domestic oil and gas reserves through exploration and development of drilling projects as well as acquisitions of existing producing assets within the Mid-Continent region. Members of the Casillas team have been engaged in the oil and gas industry since 1986 with its corporate headquarters in Tulsa, Oklahoma. For more information, please see the Casillas website at http://casillaspetro.com/site/.

Catamount Energy Partners

Initial Investment: May 2012
Realization: December 2015

Catamount Energy Partners is a private exploration and production company based in Denver, Colorado that focuses on the acquisition and development of oil and gas properties in the Rocky Mountains.

Cavallo Energy

Initial Investment: October 2005
Realization: February 2007

Cavallo Energy was a private exploration and production company based in Houston, Texas that focused on the acquisition and development of oil and gas properties in the Texas Panhandle.

Clipper Energy

Initial Investment: June 2007
Realization: June 2011

Clipper Energy was a private exploration and production company based in Dallas, Texas that focused on the development of assets located in the Central Kansas Uplift area of Central Kansas.

Core Energy Holdings

Initial Investment: October 2005
Realization: November 2007

Core Energy Holdings was a private exploration and production company based in Traverse City, Michigan that focused on CO2 enhanced oil recovery projects in Northern Michigan.

Corlena Oil Company II

Initial Investment: October 2011
Realization: November 2018

Corlena Oil Company II is a private exploration and production company based in Amarillo, Texas that focus on the exploitation and development of oil and gas properties in the Texas Panhandle and Mid-Continent regions.

Corlena Oil Company III

Initial Investment: October 2011
Realization: November 2018

Corlena Oil Company III is a private exploration and production company based in Amarillo, Texas that focus on the exploitation and development of oil and gas properties in the Texas Panhandle and Mid-Continent regions.

Cross Creek Energy

Initial Investment: May 2007
Realization: September 2013

Cross Creek Energy was a private exploration and production company based in Houston, Texas that focused on the acquisition and development of oil and gas properties primarily in East Texas.

Crown Energy Resources

Initial Investment: February 2012
Realization: July 2018

Crown Energy Resources was a private exploration and production company based in Oklahoma City, Oklahoma that focused on developing oil and gas opportunities in the Mid-Continent region.

Crusader Energy, Crusader Energy II and Crusader Energy III

Initial Investment: May 2004
Realization: September 2006

Crusader Energy, Crusader Energy II and Crusader Energy III were private exploration and production companies based in Oklahoma City, Oklahoma that focused on acquiring and exploiting oil and gas properties in Oklahoma and the Texas Panhandle.

Endless Mountain Energy

Initial Investment: November 2010
Realization: October 2015

Endless Mountain Energy was a private exploration and production company based in Harrisburg, Pennsylvania that was formed to pursue the joint venture development of Marcellus Shale projects, primarily in the state of Pennsylvania.

Ensign Oil & Gas

Initial Investment: October 2002
Realization: August 2005

Ensign Oil & Gas was a private exploration and production company based in Denver, Colorado that focused on the acquisition, development and exploitation of oil and gas properties in the Rocky Mountain and Mid-Continent regions.

Great Plains Operating

Initial Investment: September 2007
Realization: May 2012

Great Plains Operating was a private exploration and production company based in Grapevine, Texas that focused on the acquisition and development of oil and gas properties in the western Anadarko Basin and the Texas Panhandle.

Grenadier Energy Partners

Initial Investment: April 2007
Realization: December 2012

Grenadier Energy Partners was a private exploration and production company based in The Woodlands, Texas that focused on the acquisition and development of oil and gas properties primarily in the Marcellus Shale in West Virginia.

Grenadier Energy Partners II

Initial Investment: July 2012

Grenadier Energy Partners II is a private exploration and production company based in The Woodlands, Texas that focuses on a balanced strategy of lease and drill opportunities with significant resource potential, as well as acquisitions with identifiable exploitation and development upside. Please see Grenadier Energy Partners’ website at www.grenadierenergy.com.

Hayden Harper Energy KA

Initial Investment: August 2009
Realization: July 2016

Hayden Harper Energy KA is a private exploration and production company based in Charlotte, North Carolina that focuses on the acquisition and development of low-risk conventional oil and gas properties in the Appalachian Basin.

Haymaker Minerals & Royalties I

Initial Investment: May 2013
Realization: July 2018

Haymaker Minerals & Royalties I was a private company that focused on acquiring mineral and royalty interests under leases that were likely to be developed aggressively. For more information, please see Haymaker’s website at http://www.haymakermineralsandroyalties.com/.

Haymaker Minerals & Royalties II

Initial Investment: June 2016

Haymaker Minerals & Royalties II is a private company that focuses on acquiring mineral and royalty interests under leases that are likely to be developed aggressively. For more information, please see Haymaker’s website at http://www.haymakermineralsandroyalties.com/.

Highland Oil & Gas

Initial Investment: October 2007
Realization: October 2011

Highland Oil & Gas was a private exploration and production company with offices in Houston, Tulsa and Fort Smith that focused on the development of conventional oil and gas properties in the Arkoma and Anadarko Basins of Arkansas and Oklahoma.

HRM Resources

Initial Investment: January 2008
Realization: September 2011

HRM Resources was a private exploration and production company based in Denver, Colorado that focused on the acquisition and development of long-lived oil and gas properties in the Rocky Mountain and Mid-Continent regions.

HRM Resources II

Initial Investment: June 2013
Realization: July 2017

HRM Resources II was a private exploration and production company based in Denver, Colorado that focused on the acquisition and development of long-lived oil and gas properties in the Rocky Mountain and Mid-Continent regions

HRM Resources III

Initial Investment: February 2018

HRM Resources III is a private exploration and production company based in Denver, Colorado that focused on the acquisition and exploitation of long-lived oil and gas assets in the Rocky Mountain region. For more information, please see HRM III’s website at https://hrmresources3.com/.

Indianola

Initial Investment: July 2019

Indianola Energy is a private exploration and production company that seeks to provide an industry-leading execution team to help producers accelerate value on undeveloped acreage in highly-proven resource plays across North America. Please visit Indianola’s website at www.indianolaenergy.com.

Invictus Energy

Initial Investment: December 2015
Realization: July 2018

Invictus Energy was a private exploration and production company based in Houston, Texas that pursued leasehold opportunities with scalable development upside throughout select North American basins, focused on the Eagle Ford and Permian Basin.

KA Compass

Initial Investment: June 2009
Realization: October 2011

KA Compass was a private exploration and production company based in Houston, Texas that focused on the development of oil and gas properties in the Austin Chalk play in Texas.

KA Henry I

Initial Investment: July 2011
Realization: June 2014

KA Henry I is a private exploration and production company based in Houston, Texas that focuses on the development of oil and gas properties in the Permian Basin.

KA Henry II

Initial Investment: July 2011

KA Henry II is a private exploration and production company based in Houston, Texas that focuses on the development of oil and gas properties in the Permian Basin.

Katy Resources ETX

Initial Investment: May 2008
Realization: February 2011

Katy Resources ETX was a private exploration and production company based in Dallas, Texas that focused on the acquisition and development of oil and gas properties primarily in East Texas.

KMD Operating

Initial Investment: May 2007
Realization: March 2016

KMD Operating was a private exploration and production company based in Houston, Texas that focused on the development of oil and gas properties in the San Joaquin Basin of California.

Kraken Oil & Gas I, II & III

Initial Investment: May 2012

Kraken Oil & Gas I, II & III are private exploration and production companies based in Houston, Texas that focus on drilling and development opportunities in the Williston Basin of Montana and North Dakota, primarily in the Bakken formation. For more information, please see Kraken Oil & Gas’ website at www.krakenoil.com.

Laricina Energy

Initial Investment: December 2007
Realization: July 2015

Laricina Energy is a private company based in Calgary, Alberta that focuses on the early stage acquisition and development of in situ Athabasca oil sands properties. Laricina’s strategy is to create value by developing a diverse portfolio of oil sands assets that leverage technology and market developments.

Lyco Energy

Initial Investment: December 2003
Realization: August 2005

Lyco Energy was a private exploration and production company based in Dallas, Texas that focused on the development and exploitation of primarily oil properties in Montana.

Medicine Bow Energy

Initial Investment: January 2004

Realization: August 2005

Medicine Bow Energy was a private exploration and production company based in Denver, Colorado that focused on the acquisition and exploitation of oil and gas properties in the Rocky Mountain region and East Texas.

Meridian Resource Corporation

Initial Investment: June 1999

Realization: April 2005

Meridian Resource Corporation was a publicly traded exploration and production company based in Houston, Texas that focused on the exploration and development of oil and gas reserves in Louisiana, Texas and the Gulf of Mexico.

Millbrae Energy

Initial Investment: November 2008

Realization: October 2014

Millbrae Energy was a private exploration and production company based in Tulsa, Oklahoma that focused on the development and production of oil and gas properties in the Mid-Continent region.

Momentum Oil & Gas

Initial Investment: October 2010

Realization: February 2015

Momentum Oil & Gas is a private exploration and production company based in Houston, Texas that was formed to focus on the acquisition and development of oil and gas properties with identifiable exploitation and development upside in the Mid-Continent and onshore Gulf Coast regions.

Monadnock Resources

Initial Investment: August 2015

Monadnock Resources is a private exploration and production company based in Dallas, Texas that was formed to target the acquisition and development of oil and natural gas assets in North America. Monadnock is currently focused on the Permian Basin.

Native Exploration Holdings

Initial Investment: June 2017

Native Exploration Holdings is a private exploration and production company based in Oklahoma City, Oklahoma that pursues a lease and drill strategy in the Mid-Continent region, specifically Oklahoma. Please see Native’s website at www.nativeoilandgas.com.

Newton Energy Partners

Initial Investment: September 2010

Realization: July 2018

Newton Energy Partners is an independent oil and natural gas company headquartered in Houston, Texas, focused on the acquisition and development of oil and natural gas properties with identifiable upside in the Western Canadian Basin in Central Alberta.

OBENCO II

Initial Investment: July 2006

Realization: January 2010

OBENCO II was a private exploration and production company based in Shreveport, Louisiana that focused on the acquisition and development of oil and gas properties primarily in East Texas and other areas.

PAK Development

Initial Investment: March 2003

Realization: October 2006

Panther Energy Company was a private exploration and production company based in Tulsa, Oklahoma that focused on developing coalbed methane assets in the Piceance and Appalachian Basins.

Panther Energy Company

Initial Investment: March 2003

Realization: October 2006

Panther Energy Company was a private exploration and production company based in Tulsa, Oklahoma that focused on developing coalbed methane assets in the Piceance and Appalachian Basins.

Panther Energy Company II

Initial Investment: September 2013

Realization: March 2017

Panther Energy Company II was a private exploration and production company based in Tulsa, Oklahoma formed to pursue development drilling opportunities in oil-weighted basins across North America, primarily focused on the Mid-Continent and Rockies regions. Please see Panther Energy II’s website at www.pantherenergy.us.

Panther Energy Company III

Initial Investment: February 2018

Panther Energy Company III is a private exploration and production company based in Tulsa, Oklahoma formed to pursue development drilling opportunities in oil-weighted basins across North America, primarily focused on the Permian Basin, Mid-Continent and Rockies regions. For more information, please see Panther Energy III’s website at www.pantherenergy.us.

Pedernales Production

Initial Investment: January 2006

Realization: August 2014

Pedernales Production was a private exploration and production company based in Houston, Texas that focused on the acquisition and exploitation of oil and gas properties primarily in the Permian Basin and South Texas.

Plains Resources

Initial Investment: August 1998

Realization: July 2004

Plains Resources was a publicly traded energy company based in Houston, Texas that focused on acquiring, exploiting and developing primarily oil properties in California.

Plano Petroleum

Initial Investment: December 2007

Realization: December 2012

Plano Petroleum was a private exploration and production company based in Plano, Texas that focused on the acquisition and development of oil and gas properties in the Mid-Continent region and Texas.

Plymouth Exploration

Initial Investment: March 2009

Realization: June 2014

Plymouth Exploration was a private exploration and production company based in Tulsa, Oklahoma that focused on the acquisition and development of oil and gas properties in Oklahoma, Texas and Kansas.

Primary Natural Resources IV

Initial Investment: June 2014

Realization: June 2017

Primary Natural Resources IV was a private E&P company based in Tulsa, Oklahoma that focused on the acquisition and development of oil and gas properties in the Mid-Continent and Permian Basin regions.

Profico Energy

Initial Investment: February 2001

Realization: August 2005

Profico Energy was an exploration and production company based in Calgary, Alberta that focused on the development of primarily gas properties in Saskatchewan.

PT Petroleum

Initial Investment: April 2013

PT Petroleum is a private exploration and production company that focuses on the acquisition and development of oil and natural gas properties with identifiable exploitation and development upside in the Permian Basin and Mid-Continent regions.

Quintana Minerals

Initial Investment: September 2002

Realization: May 2004

Quintana Minerals was a private exploration and production company based in Houston, Texas that focused on aggregating and exploiting oil and gas properties in Canada.

Raptor Petroleum

Initial Investment: June 2011Realization: January 2016

Raptor Petroleum was a private oil and gas company based in Edmond, Oklahoma that focused on developing oil and gas properties in the Anadarko Basin, West Texas and Louisiana.

Resource Rock Exploration

Initial Investment: April 2017Realization: January 2018

Resource Rock Exploration was a private exploration and production company based in Houston, Texas that focused on the acquisition and development of acreage in the northern Delaware Basin. Please see Resource Rock’s website at www.resourcerockexploration.com.

Resource Rock Exploration II

Initial Investment: April 2018

Resource Rock Exploration II is a private exploration and production company based in Houston, Texas that focuses on the acquisition and development of acreage in the northern Delaware Basin. Please see Resource Rock’s website at www.resourcerockexploration.com.

Riverbend Exploration & Production

Initial Investment: April 2008

Realization: July 2013

Riverbend Exploration & Production was a private exploration and production company based in Houston, Texas that focused on acquiring non-operated working interests and participating as a non-operated working interest owner in drilling opportunities.

Riverbend Permian

Initial Investment: July 2013

Realization: May 2016

Riverbend Permian is a private exploration and production company based in Houston, Texas, that focuses on acquiring non-operated working interests and participating as a non-operating working interest owner in drilling opportunities in the Permian Basin.

Riverbend Permian II

Initial Investment: August 2016

Riverbend Permian II is a private exploration and production company based in Houston, Texas, that focuses on acquiring non-operated working interests and participating as a non-operating working interest owner in drilling opportunities in the Permian Basin.

Sagebrush Resources I & II

Initial Investment: November 2007

Realization: October 2014

Sagebrush Resources I & II were private exploration and production companies based in Denver, Colorado that focused on the acquisition and development of oil and gas properties in the Rocky Mountain region.

Santa Maria Pacific

Initial Investment: December 2008

Realization: June 2016

Santa Maria Pacific is a private exploration and production company based in Santa Maria, California that focuses on the development and production of oil properties in California.

Silver Hill Energy Partners I

Initial Investment: September 2012

Realization: November 2016

Silver Hill Energy Partners was a private exploration and production company based in Dallas, Texas that focused on oil and gas acquisition and development opportunities, primarily in the Permian Basin. Please see Silver Hill’s website at www.silverhillenergy.com.

Silver Hill Energy Partners II

Initial Investment: February 2016

Realization: March 2017

Silver Hill Energy Partners II was a private exploration and production company based in Dallas, Texas that focused on oil and gas acquisition and development opportunities, primarily in the Permian Basin. Please see Silver Hill’s website at www.silverhillenergy.com.

Stylus Exploration

Initial Investment: August 2001

Realization: February 2004

Stylus Exploration was a private exploration and production company based in Calgary, Alberta that focused on the development of oil and gas properties in Northeastern Alberta.

The Camcor Oil Sands Opportunity Fund

Initial Investment: April 2007

Realization: December 2016

The Camcor Oil Sands Opportunity Fund, based in Calgary, Alberta, invests in a broad portfolio of private companies whose businesses are influenced by oil sands activity in Western Canada.

The Exploration Company

Initial Investment: August 2003

Realization: November 2005

The Exploration Company was a publicly traded exploration and production company based in San Antonio, Texas that focused on the development of oil and gas properties in the Maverick Basin of South Texas.

Three Forks Reserves

Initial Investment: January 2011

Realization: October 2014

Three Forks Reserves was a private oil and gas company based in Denver, Colorado that focused on developing oil and gas properties in the Rocky Mountains, Permian Basin and Mid-Continent region.

Traditions Oil & Gas

Initial Investment: December 2011

Realization: December 2016

Traditions Oil & Gas is a private exploration and production company based in Sugar Land, Texas that focuses on the acquisition of mature oil and gas properties with identifiable exploitation and development upside in the Mid-Continent region.

Trail Ridge Energy Partners

Initial Investment: April 2008

Realization: October 2011

Trail Ridge Energy Partners was a private exploration and production company based in Dallas/Fort Worth, Texas that focused on the acquisition and development of oil and gas properties in Oklahoma and the Texas Panhandle.

Treadstone Energy Partners

Initial Investment: March 2011

Realization: July 2014

Treadstone Energy Partners was a private oil and gas company based in Houston, Texas that focused on the exploitation and development of oil and gas properties in the Mid-Continent region and Texas.

Treadstone Energy Partners II

Initial Investment: December 2014

Treadstone Energy Partners II is a private oil and gas company based in Houston, Texas that focuses on the exploitation and development of oil and gas properties in the Mid-Continent region and Texas.

Treadstone Energy Partners III

Initial Investment: January 2019

Treadstone Energy Partners III is a private oil and gas company based in Houston, Texas that focuses on the exploitation and development of oil and gas properties in South Texas.

Triumph Energy Partners

Initial Investment: May 2015

Triumph Energy Partners is a private exploration and production company based in Tulsa, Oklahoma that focuses on the acquisition and development of oil and gas properties in Oklahoma and the Mid-Continent region.

True Oil

Initial Investment: March 2014

Realization: December 2016

True Oil was a Midland, Texas-based oil and gas acquisition and development company focused primarily in the Permian Basin area of west Texas and eastern New Mexico.

Vada Group

Initial Investment: December 2006

Realization: September 2014

Vada Group was a private exploration and production company based in Port Allen, Louisiana that focused on the acquisition and development of oil and gas properties in Louisiana and other Gulf Coast states.

West Valley Energy

Initial Investment: May 2012

Realization: December 2014

West Valley Energy was a private oil and gas company based in Calgary, Alberta formed to capture and develop scalable resource plays in Alberta.

Willow Bend Oil

Initial Investment: July 2013

Realization: September 2015

Willow Bend Oil was a private exploration and production company based in Addison, Texas that focused on the acquisition of conventional oil properties with identifiable exploitation and development upside in the Permian Basin and Mid-Continent regions.

Winter Ridge Energy

Initial Investment: October 2006

Realization: October 2011

Winter Ridge Energy was a private exploration and production company based in Denver, Colorado that focused on the acquisition and development of oil and gas properties in the Rocky Mountain region.

XOG Resources

Initial Investment: January 2011

Realization: September 2014

XOG Resources is an independent exploration and production company based in Houston, Texas, formed to acquire and develop oil and natural gas properties with identifiable upside, primarily in the Ark-La-Tex and onshore Gulf Coast Texas regions.

Zone Energy

Initial Investment: February 2009

Realization: March 2015

Zone Energy was a private oil and gas company based in Houston, Texas focused on acquiring and exploiting mature producing properties in the United States.