Sponte Operating is an Independent Exploration and Production company focused on developing Cotton Valley and Haynesville targets in the prolific East Texas Basin. In partnership with PetroCap, our working interest partner, we are currently in the beginning phase of our Haynesville Shale horizontal well development program. The partnership owns and operates 20 producing Cotton Valley and Pettit wells and holds over 5,000 net acres of leasehold in Panola County, Texas. How We Look at the World Our Name: Sua Sponte: “an act of authority taken without formal prompting from another party”. Inspired by the US Army’s 75th Ranger Regiment, we see our role as professionals and entrepreneurs in the energy industry as a daily challenge, a labor of love and of service to our country. Our Ethos: "Proximity, Authenticity, Freedom" We value close relationships with our people, property and service partners. We constantly seek to narrow the gap between what we think, say and do. We believe in freedom as an essential component of achievement, living a full life and creating value. “But whenever anyone turns to the Lord.. there is freedom. And we all, who with unveiled faces contemplate the Lord’s glory, are being transformed into his image with ever-increasing glory, which comes from the Lord.” ‭‭2 Corinthians‬ ‭3:16-18‬ ‭NIV‬‬ Team's Operational/Transactional Track Record Our partners have decades of experience: - over 800 wells designed, drilled and completed in 4 continents - over 100,000 net acres acquired in nearly every lower 48 US oil and gas basin - collectively monetized over $175mm in oil and gas properties in East Texas/North Louisiana and Oklahoma