Grant W. Livesay

In 1915 Charles Edward Merrill founded Merrill Lynch & Co. (NYSE: MER) with Edmund C. Lynch in Baltimore, Maryland. The modern Merrill Lynch was formed in 1940 through mergers with E.A. Pierce & Cassatt and, soon after, Fenner & Beane. In 1973, Merrill Lynch adopted a holding company format, with Merrill Lynch & Co., Inc. as the parent and Merrill Lynch, Pierce, Fenner & Smith as the operating subsidiary. Merrill Lynch Asset Management, Inc. (MLAM) was created as an integral business unit in the Merrill Lynch family in 1976. Fund Asset Management, doing business as Mercury Asset Management, was acquired in December 1997. In 2000, MLAM and Mercury were combined under the name Merrill Lynch Investment Managers. MLAM manages the Merrill Lynch family of mutual funds, as and acts as sub-advisor to other mutual funds.

Natural Gas Partners LLC (NGP) is a private equity firm, a subsidiary of NGP Energy Capital Management, LLC founded in 1988 by David Russell Albin and Kenneth Alfredo Hersh. The firm is headquartered in Dallas, Texas.

Ancient Art LP is an independent, SEC-registered investment advisor and hedge fund manager headquartered in Austin, Texas. Founded in 2002, the firm is the sole investment advisor to Teton Capital Partners, L.P. (Teton), a private pooled fund that invests primarily in long/short equity.

Remora Petroleum LP owns and operates oil and gas properties. It focuses on the acquisition and development of mature, long-lived producing properties. The company was founded by Grant Livesay and is headquartered in West Lake Hills, TX.

Remora Royalties, Inc. is a holding company, which engages in the ownership and acquisition of overriding royalty, mineral and royalty interests in oil and natural gas properties. The company was founded by George B. Peyton and Grant W. Livesay in May 2018 and is headquartered in Austin, TX.