Vegas Business Model

• Leverage deep knowledge of local geology to high grade bid round opportunities.
• Acquire acreage with 100% working interest via public bid rounds on ground floor terms.
• Fast track evaluation of acreage using modern technology and intensive drilling activity.
• Fast track development of discoveries delivering superior project economics.
• Manage portfolio risks through asset trading and selective Farm outs.
• Retain material working interests.
• Operate fields through development and production to retain control and timing of investments.