We are an energy company focused on the development of natural gas properties in the stacked Haynesville and Mid-Bossier shale plays in the Haynesville Basin of Northwest Louisiana.

Natural gas demand has significantly grown as a percentage of North America’s energy mix over the last 10 years, having increased 38% from 86 Bcfd to 119 Bcfd and growing from 27% to 37% of the energy mix due to ample domestic supply, reliability of supply, significant supporting in-place infrastructure, low carbon intensity and low prices. In particular, demand for exported LNG has contributed to approximately 21% of that increase, with continued growth in LNG exports anticipated, according to Wood Mackenzie. We believe natural gas will continue to be instrumental as a low carbon intensity source for meeting growing energy demand. (Note: Bcfd stands for billion cubic feet of natural gas per day.)

(Note: Vine Energy, Inc., priced its IPO on March 17, 2021, at $14 – well below its $16-to-$18 range – and increased the number of shares to 21.5 million shares, up from 18.75 million shares, to raise $301 million – less than the estimated volume of $328.13 million, if the deal had been priced at the mid-point of its range.)