FOUNDING TEAM

Beato has more than 30 years of domestic and international oil and gas experience. Since beginning his career at Conoco, he has held various leadership positions with major and independent oil & gas companies while developing assets in over 42 different countries. Beato founded Exaro Energy in 2005 and has been focused on pioneering the redevelopment of oil condensate plays using new technology. Beato has invested more than $1 billion in upstream E&P assets since founding Exaro; over $600 million of which has been invested in Wyoming, where at one point Exaro controlled the development of over 175,000 net acres held by ~85 mmcfe/d of production. Previously, Beato served as the Director of Baker Hughes Singapore and as Managing Director of Baker Hughes Solutions for the Asia Pacific and the Middle East. Beato has also authored 26 industry professional papers and articles and has 16 U.S. patents applied/issued, including a tender assist deep-water development technology that has been used to develop over 1 billion boe since 1999. Most recently,

Beato developed the patent pending “Effective kh” 3D seismic processing technology that integrates fracture stimulation data with seismic to map natural fractures in a shale reservoir and optimize the placement of horizontal wells. Beato graduated from Colorado School of Mines in 1986 with a degree in Petroleum Engineering and was later trained as a geologist while working at Conoco Inc.

Beato played football for the Air Force Academy in Colorado Springs before a shoulder injury cut his athletic career short. After transferring to the School of Mines in Golden, Colorado, Beato found an insatiable passion for skiing. Beato continues to ski as much as he can, preferring to skin in the backcountry over taking a lift on the groomed mountains. Also doubling as a fly-fishing guide in his off time, Beato volunteers for Project Healing Waters where he teaches wounded military service members how to fly fish.

Ms. Wickes is an energetic and passionate oil and gas professional with an interdisciplinary understanding uncommon among modern landmen. Idolizing the original generation of landmen that knew how to “do it all,” Wickes has always been determined to be a master of her craft. Her keen ability to answer high-stress problems with creative solutions led her to become the youngest female to sit on the executive team of a publicly-traded oil and gas company. In 2016, Wickes was named VP of Land at Emerald Oil, Inc., a Bakken operator whose market cap reached nearly $1B at its peak. Following her time at Emerald Oil, Wickes worked for an E&P focused on the SCOOP/STACK of Oklahoma before being hired by Mr. Beato to help close the $200M acquisition of Linn Energy’s assets in southwest Wyoming and form XRO Energy LLC. Wickes subsequently became the VP of Land at XRO, where she oversaw the land and regulatory teams managing an asset base of 175,000 net acres and 1,400 wells. Wickes graduated from

the Leeds School of Business at the University of Colorado with a degree in Finance and earned 3 certificates from the University of Denver within the field of Petroleum Land Management.

Born and raised in a small Colorado mountain town, Wickes is an avid outdoorswoman and quickly fell in love with Wyoming while working at XRO. While she was a professional skier in her teenage years and a competitive marathoner and triathlete in her early 20s, Wickes’ main passion has always been and continues to be horses. Wickes currently trains out of Colts Unlimited in Sheridan and competes on the national hunter/jumper circuit.

Wickes was recently named to Forbes’ prestigious “30 Under 30” list for 2020.