Stronghold was capitalized in 2017 with a $150 million commitment led by Warburg Pincus with flexibility to add additional capital as required. Josh Sperry Vice President of Production & Drilling Read Bio.Josh and his wife Kendal have four children. Josh is a graduate of The University of Texas of the Permian Basin, where he obtained his BS and MS degrees in Geology. Josh began his career at Concho Resources. Prior to his time at Tall City Exploration II, Josh was Senior Geologist at Weatherl Energy Investments, L.P., where he focused on the identification of oil and gas drilling prospects throughout the Midland Basin and Central Basin Platform. Previously, Josh served as Senior Geologist at Tall City Exploration II, also a private equity backed company, where he aided the team in assembling acreage positions throughout the core of the Delaware Basin. Prior to joining Stronghold Energy II, Josh served as Senior Geologist for Elevation Resources, a private equity backed company, focusing his efforts on the technical mapping and horizontal development of their core asset on the Central Basin Platform. Matt Holland Vice President of Reservoir Engineering Read Bio.Drew and his wife Kyla have three children. Previously, Drew worked as a Landman at University Lands managing minerals for 2.1 million acres of the Permanent University Fund (PUF).ĭrew received a dual BBA in Management Information Systems and Marketing from Texas Tech University. all while keeping in front of 2-3 horizontal rigs. His responsibilities included identifying accretive bolt on acquisitions, leading and facilitating multiple acreage purchases and divestures, both large and small, identifying and negotiating acreage trades, running multiple land brokers, drafting and negotiating JOAs, drafting and filing pooling and production sharing agreements, ensuring ROW and SWD needs were met for operations, and establishing that title was clear. Further, Drew was responsible for multiple prospects within the Midland Basin covering roughly 35,000 acres from cradle to grave. He was engaged with every major acquisition.

During his tenure at Diamondback, the company expanded its leasehold position from roughly 72,000 net acres to over 206,000 net acres.

Caleb Weatherl President and Chief Financial Officer Read Bioīefore joining Stronghold Energy II, Drew served as Senior Landman at Diamondback Energy.

He and his wife Debra have four adult children, two daughters-in-law, one grandson, and one granddaughter. He is active in the local community, serving as an elder at Stonegate Fellowship Church and on the board of MarketPlace Midland. Steve received a BS degree in Geology from Texas Tech University. He started his career with Exxon Company U.S.A. Immediately before joining Stronghold Energy II, Steve served as the president and founder of Weatherl Energy Investments, L.P as well as the President of Stronghold Energy Partners, L.P., a private equity backed non-op working interest investment vehicle he cofounded with his son Caleb. The play has expanded to encompass well over 100,000 acres and the original core acreage position has produced over 30 Million barrels of oil and 300 BCF of gas. These were among the first economically successful Horizontal Wolfcamp wells in the Midland Basin. Over 200 producing horizontal oil wells in two pay zones had been drilled as of 2016. Roughly 50,000 acres were assembled in Irion, Crockett and Reagan Counties and sold to EOG Resources and Devon Energy. While at Mayne & Mertz, Steve mapped and initiated a Wolfcamp Horizontal play in the southern Midland Basin. Steve also served as Exploration Vice President, USA and Division Vice President for the Gulf Coast Division of Pioneer National Resources as well as Vice President of Exploration of Mayne & Mertz, Inc. He has been directly involved in identification and exploitation of 'resource plays' in the Permian Basin, assembling for the companies at which he was employed over a quarter of a million net acres in various plays. He was responsible for over $513 million in investments from 2004 to 2007. There he directed a staff of over 170 employees and contractors, and employed up to 10 drilling rigs at any one time. Steve previously served as the Vice President and General Manager as well as Exploration Manager of EOG Resources' West Texas Division located in the Permian Basin.

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