Company Velocity Energy Inc.

Velocity Energy Inc. is an oil and gas exploration and production company. The Company is engaged in the acquisition, development, exploration and production of natural gas and oil. The Company has two primary areas of operations, including the State Waters of Texas in Matagorda Bay, and the five county producing areas in West Virginia. Its core business strategy is based on growing the Company by completing one or more acquisitions of producing properties with upside locations to be drilled and by participating in drilling prospects generated in-house and by third parties. Its subsidiaries include Sonterra Oil & Gas, Inc., Velocity Energy Offshore LP, Velocity Energy Partners L.P, Velocity Energy Limited LLC and others.

Number of employees: 2