History of Veritas

Veritas Permian IV, LLC (“VP IV”) was established with capital from its management team, employees and select third-party investors in partnership with private equity to continue to leverage its expertise and industry relationships and pursue high quality assets in the Permian and other established basins.

VP III sold significant non-operated assets to funds controlled by Riverbend Energy Group.

Veritas Permian III, LLC (“VP III”) was established with capital from its management team, employees and select third-party investors in partnership with private equity to pursue non-operated and mineral opportunities in proven hydrocarbon basins with line-of-sight to near term development and to capture opportunities with high-quality operators and sellers of non-operated interests.

VP II sold significant non-operated assets to Northern Oil and Gas, Inc (NYSE: NOG).

Veritas Permian II, LLC ("VP II"), a private equity backed company, was formed to focus efforts on pursuing non-operated and mineral opportunities within the Permian Basin.

DEEP merged Permian assets with Parsley Energy.

VEP merged a substantial Permian position with a Double Eagle Energy to form Double Eagle Energy Permian, LLC (“DEEP”).

Veritas Energy Partners, LLC (“VEP”), a private equity backed company was formed and directed its efforts to the Permian Basin.

Veritas Energy, LLC (“Veritas”) was formed with a focus on grassroots leasing and operating throughout Texas and Oklahoma.