Strategic Focus Independent oil and gas operator targeting unconventional Permian plays (Wolfcamp, Bone Spring, Devonian, Delaware) with a sizeable acreage footprint. Opportunity for sales conversations around enhanced recovery, drilling services, seismic data, and well optimization.

Strong Capital Well-capitalized with a $400M funding base and a $423M equity line, plus a Wells Fargo borrowing facility. Potential for project financing, equipment leasing, and service providers offering scalable financing options for mid-sized operators.

Regional Presence Midland, Texas headquarters with 35,000 net acres in the Permian suggests proximity to service vendors, rig fleets, and logistics partners. Target local field services, EPC, and supply chain solutions tailored to Permian operations.

Growth Readiness Recent formation in 2013 with ongoing acquisition and development activities signals expansion appetite. Ideal for strategic partnerships in drilling optimization, data analytics, ESG reporting, and midstream integration services.

Market Position Competitive landscape includes large independents and E&Ps; Elevation Resources operates at a mid-sized scale with revenue in the tens of millions. Prospects for vendor consolidation, cost-per-foot optimization, and technology upgrades to compete efficiently.