EFTA00455003.pdf

From: - To: "Lesley Grote' Subject: RE: JE,Reliance Energy PowerPoint Presentation and 3ROC Teaser Date: Fri. 23 Jun 2017 13:09:31 +0000 Attachments: hottom.leiterhead Thanks Lesley... I will let you know dates next week. Most likely the second or third week in July. And no. Josh has no knowledge of my contact with Jeffrey. I am strict with privacy of relationships. The only one aware is Belzberg. David David L. Neuhauser Managing Director Livermore Partners 5 Revere Drive One Northbrook Place Suite 200 Northbrook. Illinois 60062 USA (Telephone) (847) 691-5344 (Facsimile) website: yoredotammeRalfl This Email is Confidential. It is intended solely for the use of the named recipient(s). If you have received it in error, do not copy it or disclose its contents. Please notify us immediately by reply email and then delete this message from your system. Original Message Subject: Re: 3E/Reliance Ene PowerPoint Presentation and 3ROC Teaser From: Lesley Groff < Date: Fri June 23 2017 6:57 am To: good morning David. Hope you are well. I let Jeffrey know you will be in NY after July 4...Jeffrey is wondering if you told Josh Fink that you were contacting him?...please let me know.. Thanks, Lesley On Jun 22, 2017, at 8:52 PM, wrote: Lesley, I'll be back in NYC sometime in July after the Holiday. Wanted to see if Jeffrey will be there. Please tell him. VII forward some further ops were involved in soon. Cheers, David From: Sent: Friday, April 28, 2017 7:17 AM To: Lesley Groff Subject: JE/Reliance Energy PowerPoint Presentation and 3ROC Teaser Jeffrey, I'm just back from NYC. Wanted to pass along a large Permian deal we're involved in. This will be a very near term opportunity. So thought it maybe of interest. See attached info. We are forming what will become the next Reliance Energy. Most of Reliance was sold to CO late in 2016 for 51.6B. We will use the company's remaining 40k acreage and add them to a newco with the addition of the Riverstone asset(3Rock). So in total we will have 100k of acreage w 5O00boe of production and midstream operations. EFTA00455003 There is also an option to increase the acreage to 137k by Fall. Total deal metrics are $1.7-1.9B. With the Riverstone deal alone around S1.3.1.SB. We plan to add cash and use men debt. So today only in need of appx S400.600mm of equity. The plan would be to have this as a private newco with a path towards an IPO within a year. We see a 3X opp here. Similar to Reliance's past deals. Josh Fink(Larry's son) and I are leading the new group re financing and strategy. Gary McKinney and his team will be running to show. Gary will be investing $100mm into the co. Please keep in confidence. Would be great to have you involved and continue to reflect what opportunities Livermore sources, structures, and invests in. Regards, David Sent from my iPad Should and the PoweilAcent and the teaser Iran 3ROC on the site betow Let me know if you have any problems or if you need anything else. Go to: ftp.beryloil.com User: Geology Password: trilobite EFTA00455004