Bayou City Energy

BCE is a private equity firm founded in 2015 to focus on making investments in the North American upstream oil and gas sector. We target privately negotiated investments in producing properties with operational and development upside through control equity structures. Our team offers its management team partners access to deep expertise, trusted collaboration, and ready capital in the form of buyout and growth equity. PDP Investment Criteria ▪ Experienced management team with track record of operating success ▪ Assets located onshore in the continental United States within basins with existing infrastructure ▪ Assets are currently producing, have established producing histories, and have positive field-level cash flow ▪ Assets are predominantly operated; non-operated interests can be pursued for follow-on acquisition ▪ Commodity agnostic, but prefer a mix of oil, gas, & NGLs ▪ PDP upside through operational enhancements and cost reductions ▪ Inventory of low-risk and low-cost development opportunities including PDNP and PUD reserves ▪ Control equity with customary minority protections for other investors, and competitive incentives for management teams