Jefferies Financial Group Investor Day Presentation Deck
2014 | Jefferies Financial Group's Initial Funding
H
MAK
Vitesse
By 2014, Bob Gerrity's original thesis was panning out and activity in the Bakken field was
increasing
Horizontal Wells
Vitesse 2014 Acreage
▪ We sought new capital to purchase oil and gas properties with significant development
opportunity and fund the conversion of this undeveloped inventory to cash flow
Vitesse Energy was originally funded in 2014, and by 2018 Jefferies had invested a total of
$450 million to acquire attractively priced acquisitions of undeveloped inventory and
producing assets throughout the Bakken's expanding core
▪ Vitesse created a foundation of systems, processes and data capabilities designed
specifically for non-op that enable it to selectively acquire and manage highly economic
assets
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JefferiesView entire presentation