EFTA00455007.pdf

From: Lesley Groff To: "Jeffrey E." <[email protected]> Subject: Re: David at Livermore pArtners Date: Fri, 23 Jun 2017 13:53:58 +0000 Below from David: 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 Sent from my iPhone On Jun 23, 2017, at 6:08 AM, jeffrey E. [email protected]> wrote: ask him if he told josh fink that he wsn contacting me On Thu, Jun 22, 2017 at 10:36 PM, Lesley Groff < > wrote: Should I tell him "thanks, but you are not interested"? Sent from my iPhone Begin forwarded message: From: Date: June 22, 2017 at 8:52:22 PM EDT To: Lesley Groff Subject: Re: JE/Reliance Energy PowerPoint Presentation and 314W—teaser Lesley, I'll be back in NYC sometime in July after the Holiday. Wanted to see if Jeffrey will be there. Please tell him. I'll forward some further ops were involved in soon. Cheers, David EFTA00455007 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 CXO late in 2016 for $1.6B. 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 5000boe of production and midstream operations. 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 $1.3-1.56. We plan to add cash and use men debt. So today only in need of appx $400-600mm 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 find the PowerPoint and the teaser from 3ROC on the site below Let me know if you have any problems or if you need anything else. EFTA00455008  Go to: ftp.beryloil.com User: Geology Password: trilobite please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00455009