Titanium Exploration Partners LLC

Titanium Exploration Partners, LLC (TEP) is a Dallas-based Oil & Gas firm founded in 2014 by Peter M. Halloran and Charles B. Simmons, Jr. TEP specializes in acquiring and developing operated and non-operated oil and gas assets in leading shale plays across the United States, focusing on areas like the Eagle Ford Shale, Permian Basin, and SCOOP/STACK plays. As of December 31, 2022, TEP manages $910,000 of assets on a discretionary basis and $90,090,000 on a non-discretionary basis. TEP charges fees monthly in advance for services such as sourcing investment opportunities, underwriting, negotiating terms, and managing acquired assets. The fee structure varies, with some groups covering overhead expenses while others pay a fixed percentage of the Enterprise Value of acquired assets. TEP does not charge performance-based fees but shares in carried interest earned by limited partnerships. The firm provides non-discretionary services to private equity groups and manages private partnerships on a discretionary basis. TEP's investment strategy involves identifying and acquiring oil and gas assets in economically favorable areas, with a focus on risk factors such as commodity price volatility, market conditions, and operational risks. Clients are advised to consult legal, tax, and financial advisors before investing due to the speculative and high-risk nature of oil and gas investments. TEP's cybersecurity measures aim to mitigate operational and financial risks associated with cyber-attacks. The firm has no disciplinary events in the past 10 years and does not have relationships posing material conflicts of interest with other financial companies.