Pardus Oil & Gas engages in the exploration and development of unconventional onshore oil and gas assets throughout North America.Our acreage position is diversified across two oil and liquids-rich basins in the United States, primarily in the East Texas Basin but also DJ Basin in Wyoming. We are focused on the Buda and Eaglebine—consisting of Woodbine Sandstone, Eagle Ford Shale, and other stacked formations in the East Texas Basin. We are an independent exploration and production company based in Fort Worth, Texas, focused on the acquisition, exploration and development of unconventional oil and gas resources. Our acreage position is in prolific oil and liquids-rich basins in the United States, exposing Pardus Oil & Gas to multiple growth opportunities.operational focus areas include:

• The Buda, Georgetown, Edwards and Glen Rose in the East Texas Basin.
• The Eaglebine in the East Texas Basin with exploration and development activities focused on the Woodbine Sandstone, Eagle Ford Shale and other stacked formations.

We are an early mover into prospective resource plays and have built our leasehold acreage position through direct acquisitions from mineral owners and strategic acquisitions.Pardus Oil & Gas owns positions in two oil and gas regions in Texas and Wyoming. These prospects are oil-prone unconventional plays. They offer attractive economic returns, long-term visible growth potential and the ability to assemble large contiguous acreage position.Pardus Oil & Gas is operating and drilling its acreage positions to grow its reserves, production and cash flow. The company is constantly evaluating its holdings to identify additional unconventional resource plays that complement its strategy. Pardus Oil & Gas focuses on continuous improvement of its operating measures as we convert early–stage resource opportunities into cost-efficient development projects.