TNM Resources, LLC

Permian Basin

February 2017 – Current

Och-Ziff Capital Management

Company Summary

TNM Resources, LLC was formed in February 2017 to follow up on the success of Fortuna Resources Holdings, LLC and pursue oil and gas opportunities in the broader Permian basin focused on both the Central Basin Platform and Delaware Basin.

TNM Resources, LLC is managed by its affiliate Fortuna Resources Mgmt, LLC.

Fortuna Resources Holdings, LLC

Delaware Basin (Permian Basin)

January 2016 – Current

Och-Ziff Capital Management

Company Summary

Fortuna Resources Holdings, LLC was formed in January 2016 to pursue oil and gas opportunities in the Delaware Basin.  Fortuna was able to build a position of 8,500 net acres and production of 400 boepd in the Delaware Basin.  In December of 2016, Fortuna sold 4,500 net acres and its production to PDC Energy and currently retains 3,400 net acres in the Delaware Basin.

Fortuna Resources Holdings, LLC is managed by its affiliate Fortuna Resources LLC.