Phillip Wayne Terry

Capstone Natural Resources II LLC provides oil and gas production services. Its primary interest is in the acquisition and enhancement of mature oil producing properties in the Permian Basin of West Texas and Eastern New Mexico through development drilling, down spacing and enhanced recovery. The company was founded on November 2, 2014 and is headquartered in Tulsa, OK.

Arena Resources, Inc. (NYSE: ARD) is an Oklahoma-based oil and gas exploration, development and production company with current operations in Texas, Oklahoma, Kansas and New Mexico. Founded in 2000, the experienced management team has aggressively sought to acquire select properties in their 'back yard' which provides immediate positive cash flow and development opportunities for future years. Arena's management understands what is required to build a resource company from the ground up, having successfully done so on more than one occasion. With over 100 years of combined experience in the oil and gas industry, coupled with new technological advancements, careful geological evaluation and reservoir engineering, Arena has the components in place to build a profitable and successful program.

Capstone Natural Resources LLC explored oil and gas. The company was headquartered in Tulsa, OK.