Track Record

---

1995 - Moffitt forms Union Gas – Focus on upper Gulf Coast

1998 - 2004 – Union divests 95 wells to El Paso, KCS, and CHK ①

2005 - 2009 - Union drills 47 wells and divests to GE Capital for $110MM ②

2009 - Union acquires 23,000 acres in McMullen County ③

2010 - Divests McMullen County acreage to CHK for $103MM - Gateway formed ③

2010 - Moffco/Gateway enters JOA’s with EOG and Petrohawk in Dewitt and Gonzales Counties ④

2010 - Moffco/Gateway partners with Paloma Resources in Karnes County ⑤

2011 - Present - 175 sq mi 3D shoot in Smackover Trend - 19 Wells drilled, ongoing exploration and development ⑥

2012 - Sells interest in DeWitt and Gonzales Counties to private company for $29,000/Acre ④

2015 - Sells interest in Karnes County to PE backed private company ⑤

2016 - Present - Gateway commissions proprietary Eagle Ford study - numerous opportunities identified (Green Outline)