Foundation Energy Management

Foundation Energy Management, LLC, established in 2005, specializes in providing investment management services to affiliated private pooled investment funds focusing on oil and natural gas properties and assets. The firm's investment strategy aims to generate returns through the acquisition of producing oil and gas properties, emphasizing current cash flow, asset value appreciation, and capital preservation. Foundation Energy Management, LLC acts as the operator for certain direct working interests in oil and gas properties owned by the Funds, providing engineering, geotechnical, and operational services. The firm's investment advice is provided in accordance with the investment objectives and strategies outlined in the Funds' governing documents. Clients are required to be accredited investors with a minimum initial capital commitment of $3 million. Foundation Energy Management, LLC receives management fees and carried interest distributions based on the Funds' performance. The firm has discretionary authority over investment decisions and may change custodians without investor consent. While the firm technically has the authority to vote proxies, it does not currently vote proxies for the Funds. Foundation Energy Management, LLC follows a code of ethics, conducts regular reviews of client accounts, and provides detailed reports to investors.