Industry

• The unique characteristics of the Canadian Oil and Gas Industry, which are not shared in the US, currently allows JOG Capital to invest in proven industry management teams that are creating new companies.
• In every case these new portfolio companies possess existing production and tremendous exploration or exploitation upside.
• Acquisition and farm-in opportunities in Canada for junior oil and gas companies are available from senior producers.
• Strong Canadian and global oil and gas environments.
• Active market for acquisition of junior energy companies with proven reserves.

Company Management Teams

• Investments are diversified across experienced management teams with proven track records.
• Majority of management teams are personally known to members of the Investment Committee.
• An increasing number of new JOG investments are managed by previously successful JOG portfolio management teams; greater than 80% of the current fund (JOG LP IV) is invested with repeat JOG teams.

Fund Management

• Members of the Investment Committee all have extensive and successful industry backgrounds.
• Investment Committee and fund managers are personally invested.
• Experienced Fund Management Team - invested into more than forty junior oil & gas companies since inception.
• Strong local investor support from experienced energy executives.
• Investments are made at attractive valuations, typically at the same time and price as the management team.