PRIMEENERGY RESOURCES CORP

PrimeEnergy Resources Corporation is an independent oil and natural gas company. Organized in March 1973 under Delaware law, the company focuses on acquiring, developing, and producing oil and natural gas. Its producing and non-producing properties are primarily located in Texas and Oklahoma, with all oil and gas properties and interests situated within the United States. Through its subsidiaries, Prime Operating Company and EOWS Midland Company, PrimeEnergy acts as an operator and provides well-servicing support for many of the onshore oil and gas wells it operates, as well as for third parties. The company also acquires producing oil and gas properties through joint ventures with industry partners. Additionally, PrimeEnergy holds a 12.5% overriding royalty interest in over 30,000 acres in West Virginia, though it is not currently receiving revenue from this asset as development has not begun. The company also owns a currently idle 60-mile-long pipeline offshore on the shallow shelf of Texas through a wholly owned offshore company.