REGER OIL, LLC

Reger Oil is an exploration and development company operating in the Williston Basin of North Dakota and Montana. At its core is the Focus Library — one of the largest proprietary 2D seismic and prospect datasets ever assembled in the Williston Basin. Built and refined over five decades, spanning 1,400+ miles of 2D seismic and over 500 prospect files, this rare and prolific dataset allows Reger Oil to target 2D-defined prospects with discipline — efficiently leasing and further confirming the subsurface structures with modern 3D seismic technology.

MICHAEL REGER, CEO

Michael Reger is the Founder and Chairman Emeritus of Northern Oil and Gas, Inc. (NYSE: NOG). Founded by Reger in 2006, Northern Oil is the largest publicly traded, non-operated, upstream energy asset owner in the United States. Northern engages in the acquisition, exploration, development and production of oil and natural gas properties, primarily in the Williston basin. Mr. Reger was the Chairman, CEO and President for approximately 15 years. Mr. Reger departed NOG in 2019 after the successful recapitalization and resurgence of Northern, following the energy downturn of 2015-2017. Immediately prior to his departure in 2019, Reger was instrumental in the completion of a $650 million recapitalization and over $800 million of new acquisitions. Mr. Reger is a third generation Williston Basin Landman from Billings, Montana. Mr. Reger holds a Bachelor of Arts in Finance and an MBA in Management from the University of St. Thomas in St. Paul, Minnesota.