Quitman Resources

Arranged $14.5 million of acquisition and working capital (100% financing) to acquire the Quitman Field from Cross Timbers Oil Company. The financing was arranged during a competitve bid scenario. Quitman Resources is a private oil company formed by Ironwood Resources, Ltd. and T.S.C. Oil & Gas, Inc. and is based in Dallas.

Republic Gas Partners

Arranged $20 million of senior debt to fund the acquisition of the Mid-Louisiana Gas Company and its affiliates. Republic Gas was a private, start-up company at the time of the acquisition.

Sago Energy LLC

Arranged $38 million of preferred equity and senior debt for the acquisition of West Texas gathering and processing assets.

South Coast Exploration

Arranged the sale of common stock and established a limited partnership to fund exploration. South Coast was a private oil and gas company with exceptional 3-D seismic skills and a geographic focus on the Gulf Coast. South Coasts affiliate is INEXS, a 3-D consulting firm.

Southwest Royalties

Arranged $8 million of subordinated debt with warrants. Southwest was able to choose among debt or equity financing alternatives. Southwest is a private company based in Midland, with a focus on acquisition and development.

Tarpon Offshore, L.P.

Arranged $15 million of senior debt for acquisition of interest in four GOM blocks and development of the initial 7 PUD wells for this early-stage Gulf of Mexico E&P company. Tarpon was able to choose among equity and mezzanine debt alternatives. Tarpon has a highly regarded technical team, focused on PUD development projects in the GOM.

Tipperary Corporation

Arranged $22 million mezzanine financing for coal bed methane project in Australia.

Toce Oil

Arranged a $6.5 million mezzanine financing to fund Gulf Coast horizontal development drilling. Toce is a private company based in Lafayette.

XPLOR Energy

Arranged a $25 million convertible preferred financing to repay a bridge loan, and to fund exploration and development activities. Also advised the company on a proposed initial public offering. XPLOR is a private company with a Gulf Coast 3D seismic driven exploration focus.

XPLOR Energy

Arranged a $60 million preferred stock and warrants financing in lieu of a deferred public offering.

Zavanna

Raised $10 million project equity financing for wildcat exploration throughout the onshore U.S. and arranged several technology-driven industry exploration joint ventures. Zavanna is a private oil and gas company formed to exploit a proprietary geological workstation technology, developed by Bravo Resources Inc., to identify and explore for large oil and gas fields. They are headquartered in Denver.