EFTA00459727.pdf

From: To: Lesley Groff a Subject: Re: JETtelianoe Energy PowerPoint Presentation and 3ROC Teaser Date: Wed. 12 Jul 2017 18:38:59 +0000 III be around later today in the city and all day tomorrow if JE is around. Otherwise, happy to set a call anytime. Fyi, Belzberg is in town now too. David Sent from my BlackBerry 10 smartphone on the Verizon Wireless 4G LTE network. From: Sent Friday, July 7, 2017 7:22 PM To: Lesley Groff Subject: Re: 3E/Reliance Energy PowerPoint Presentation and 3ROC Teaser Lesley, I'm coming to NYC next week. The evening of the lth thru the 13. I'm staying at The Mark. If Jeffrey is around would be good to get together. A call works then too. All best, D Sent from my BlackBerry 10 smartphone on the Verizon Wireless 4G LTE network. From: Lesley Groff Sent Frida• June 23 2017 8:53 AM To: Subject: Re: JE/Reliance Energy PowerPoint Presentation and 3ROC Teaser Ok super on all. Thank you. I will pass along to Jeffrey. Sent from my 'Phone On Jun 23, 2017, at 9:09 AM, a la wrote: Thanks Lesley... I WI let you know dates next week. Most likely the second or third week in July. And no. Josh has no knowledge of my contact with Jeffrey. I am strict with privacy of relationships. The only one aware is Belzberg. David David L. Neuhauser Managing Director Livermore Partners 5 Revere Drive One Northbrook Place Suite 200 Northbrook. Minors 60062 USA website: www.hvermorepanners.corn This Email is Confidential. It is mended solely for the use of the named recipient(s). If you have received it in error do not copy it or disdose its contents. Please notify us immediately by reply email and then delete this message from your system. Original Message Subject: Re: )E/Reliance Energy PowerPoint Presentation and 3ROC Teaser From: Lesley Groff < Date: Fri June 23 2017 6:57 am To: good morning David. Hope you are well. I let Jeffrey know you will be in NY after July 4...Jeffrey is wondering if you told Josh Fink that you were contacting him?...please let me know.. Thanks, Lesley On Jun 22, 2017, at 8:52 PM, wrote: EFTA00459727 Lesley, I'll be back in NYC sometime in July after the Holiday. Wanted to see if Jeffrey will be there. Please tell him. I'll forward some further ops were involved in soon. Cheers, David From: Sent: Friday, April 28, 2017 7:17 AM To: Lesley Groff Subject JE/Fteliance Energy PowerPcint Presentation and 3R0C Teaser Jeffrey, I'm just back from NYC. Wanted to pass along a large Permian deal we're involved in. This will be a very near term opportunity. So thought it maybe of interest. See attached info. We are forming what will become the next Reliance Energy. Most of Reliance was sold to CXO late in 2016 for 51.68. 'Ne will use the company's remaining 40k acreage and add them to a newco with the addition of the Riverstone asset(3Rock). So in total we will have 100k of acreage w 5000boe of production and midstream operations. There is also an option to increase the acreage to 137k by Fall. Total deal metrics are 51.7-1.98. With the Riverstone deal alone around 51.3-1.58. 'Ne plan to add cash and use men debt. So today only in need of appx 5400-600mm of equity. The plan would be to have this as a private newco with a path towards an IP0 within a year. We see a 3X opp here. Similar to Reliance's past deals. Josh Fink(Larry's son) and I are leading the new group re financing and strategy. Gary McKinney and his team will be running to show. Gary will be investing 5100mm into the co. Please keep in confidence. Would be great to have you involved and continue to reflect what opportunities Livermore sources, structures, and invests in. Regards, David Irom my iPad Should find the PenverPoint and the leaser Flom 3ROG on the site below Let me know if you have any problems or if you need anything else. Go to: EFTA00459728 I <bottom.laterhead> EFTA00459729