Peak Resources LP

Peak Resources LP is a premier operator in the Powder River Basin (PRB), specializing in the use of advanced horizontal drilling and completion technology. The company’s objective is to drive shareholder returns through distributions and growth, achieved by operational excellence and maintaining a strong balance sheet.

The company’s assets consist of 18,210 hectares of net acreage, located in the over-pressured core of the PRB. Peak Resources LP operates as an independent limited partnership, established to manage investments in oil and natural gas businesses and assets owned by certain investment partnerships under the management of Yorktown, as well as by management and other investors unaffiliated with Yorktown.

Peak Resources LP aims to generate substantial equity value for Class A Common Unit holders through two main strategies: first, by actively developing and expanding its extensive acreage in the Wyoming PRB to significantly boost oil and natural gas production, cash flow, and reserve value; and second, by distributing cash to Class A Common Unit holders via quarterly distributions of available cash.

The primary operational focus lies in leveraging advanced horizontal drilling and completion technology to economically and efficiently grow oil and natural gas production and reserves. The company believes the PRB is less developed from a horizontal drilling standpoint compared to most other basins in the United States. Peak Resources LP is dedicated to enhancing equity value through the development of its 1,770 gross (530 net) identified horizontal drilling locations.