April 4, 2018 Erin

John T. Raymond

Mr. Raymond is Co-Founder and Majority Owner of The Energy & Minerals Group, and serves as Chairman of the Investment Committee, Managing Partner and Co-Chief Executive Officer. Prior to founding EMG, Mr. Raymond served in various executive roles at Plains Resources between November 2001 and April 2005 including President and CEO from December 2002 until the July 2004 take private/management led buyout of Plains Resources at which time Mr. Raymond subsequently became President and CEO of Vulcan Energy Corporation, the privately held successor to Plains Resources. Mr. Raymond also served as a director of Vulcan Energy Corporation from July 2004 until December 31, 2015. From December 2002 to March 2004, Mr. Raymond was contemporaneously President and Chief Operating Officer of the upstream affiliate, Plains Exploration and Production Company. From June 2001 to April 2005, Mr. Raymond was also a director of Plains All American Pipeline, LP and again joined the Board in 2010 where he continues to serve as a director of Plains All American Pipelines, LP and Plains Holdings, GP. From January 2000 to May 2001, he was Director of Corporate Development for Kinder Morgan, Inc. He was Vice President of Corporate Development for Ocean Energy, Inc. from April 1998 to January 2000 and was a Vice President with Howard Weil Labouisse Friedrichs, Inc. from 1992 to April 1998.

Mr. Raymond currently serves as a director of Ascent Resources LLC, Catahoula Resources, LLC, Ferus Inc., Ferus Natural Gas Fuels Inc., Ferus Natural Gas Fuels GP, LLC, Flat River Minerals, LLC, Heritage NonOp Holdings, LLC, Heritage Minerals Holdings, LLC, Lodestar Energy Group, LLC, MarkWest Utica EMG, LLC, MarkWest EMG Jefferson Dry Gas Gathering, LLC, Medallion Midstream 2, LLC, Nunavut Iron Ore, Inc. the general partner of NGL Energy Partners LP, Oxbow Crush, LLC, the general partner of Plains All American Pipeline, L.P. and Plains GP Holdings, L.P., SCM PR Parent Holdings, LLC, Spur Energy Partners Holdings, LLC, TerraVolta Resources LLC, Traverse Midstream Holdings LLC, Umbel Corp, V Eye P Holdings, LLC and W.D. Von Gonten Laboratories, LLC. Mr. Raymond is also Co-Founder and Portfolio Manager of EMG Advisors.

Mr. Raymond received a B.S.M. from the A.B. Freeman School of Business at Tulane University with dual concentrations in finance and accounting and currently sits on the Board of the Business School Council. He also serves on the Board of the American Heart Association, The University of Texas MD Anderson Cancer Center Board of Visitors and is a member of YPO. He and his wife serve as annual co-Chairs of the Navy SEAL Legacy Foundation dedicated to raising funds for fallen SEALS and their families. He and his wife are also avid supporters of the Turn It Gold Foundation focused on critical funding and advancement for research of pediatric cancer. Mr. Raymond is a minority owner of the Houston Astros MLB team.

Co-Founder, Majority Owner, Chairman of the Investment Committee, Managing Partner and Co-Chief Executive Officer