Throne Petroleum3000 Smith Street, Suite 1 , Houston, Texas, United States

Throne Petroleum is an independent Exploration and Production Company engaged in the identification and exploitation of oil resources in North America. Throne’s management team is comprised of a group of oil and gas professionals with a deep skill set and an established track record of originating projects and successfully executing them. Throne Petroleum seeks out opportunities for both operated and non-operated positions. Throne currently controls over 60,000 mineral acres in its target areas.  Throne Petroleum is focused on the identification and exploitation of overlooked or “next generation” areas of the Permian Basin. All of its current prospects are shale resources involving both horizontal and vertical development strategies. Throne’s prospects have been carefully selected from hundreds of potential opportunities as holding the most promise of being the “next big thing” in unconventional oil exploitation.

• The ability to identify and characterize the best reservoirs including those that offer additional upside, which are not currently recognized by other operators, and is therefore undervalued or not valued at all. Throne’s strength — evidenced by its track record — is the proprietary technical and analytical approach developed by Allen Howard, and supported by a world-class team, that allows Throne to identify Tier 1 resource plays.
• The Throne team has over 100 years of combined acquisition experience that has created a top-tier network in the oil and gas
• The experience and operational expertise to deliver on the potential of these properties to maximize investment returns. The Throne team has drilled, completed and operated over 500 horizontal wells in Permian and Eagleford plays. In the Eagleford alone, asset value was created by increasing production from 2,000 BOE/D to over 50,000 BOE/D.