Phoenix Capital Group
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      (Oil & Gas Production)
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    • FAQ
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    • YE 2025 Earnings
    • Corporate Governance
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    • Financial Information
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    • Contact
    • FAQ
  • Production
  • About
    • Team
    • Contact
    • Careers
    • Fuel
  • Divisions
    • Mineral Rights
      (Acquisitions & Leasing)
    • Operating
      (Oil & Gas Production)
  • News & Resources
    • News
    • Join a Webinar
    • Bondholder Guide
    • Production Stats
    • FAQ
  • Bond Offerings
  • Bondholder Portal
    • Bondholder Login
    • Bondholder Sign up
  • Investors
    • Press Releases
    • YE 2025 Earnings
    • Corporate Governance
    • Stock Information
    • Financial Information
    • Transfer Agent
    • Contact
    • FAQ
  • Production
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This page was last changed on April 8, 2026, last checked on April 8, 2026 and applies to citizens and legal permanent residents of the United States.

1. Introduction

Our website, https://phoenixenergy.com (hereinafter: "the website") uses cookies and other related technologies (for convenience all technologies are referred to as "cookies"). Cookies are also placed by third parties we have engaged. In the document below we inform you about the use of cookies on our website.

We do not sell or share personal information to third parties for monetary consideration; however, we may disclose certain personal information to third parties under circumstances that might be deemed a “sale” or ”Sharing” for residents of California (CPRA), Colorado (CPA), Connecticut (CTDPA), Delaware (PDPA), Iowa (CDPA), Montana (MCDPA), Nebraska (DPA), Nevada (NRS 603A), New Hampshire (DPA) and New Jersey (DPL). We respect and understand that you may want to be sure that your personal information is not being sold or shared. You may request that we exclude your personal information from such arrangements, or direct us to limit the use and disclosure of possible sensitive personal information, by entering your name and email address below. You may need to provide additional identifying information before we can process your request.

×

2. Cookies

When you visit our website it can be necessary to store and/or read certain data from your device by using technologies such as cookies.

2.1 Technical or functional cookies

Some cookies ensure that certain parts of the website work properly and that your user preferences remain known. By placing functional cookies, we make it easier for you to visit our website. This way, you do not need to repeatedly enter the same information when visiting our website and, for example, the items remain in your shopping cart until you have paid. We may place these cookies without your consent.

2.2 Statistics cookies

We use statistics cookies to optimize the website experience for our users. With these statistics cookies we get insights in the usage of our website.

2.3 Advertising cookies

On this website we use advertising cookies, enabling us to gain insights into the campaign results. This happens based on a profile we create based on your behavior on https://phoenixenergy.com. With these cookies you, as website visitor, are linked to a unique ID but these cookies will not profile your behavior and interests to serve personalized ads.

You can object to the tracking by these cookies by clicking the "Manage Consent" button.

2.4 Marketing/Tracking cookies

Marketing/Tracking cookies are cookies or any other form of local storage, used to create user profiles to display advertising or to track the user on this website or across several websites for similar marketing purposes.

2.5 Social media

On our website, we have included content from LinkedIn, Instagram, Facebook, X (Formerly Twitter) and TikTok to promote web pages (e.g. “like”, “pin”) or share (e.g. “tweet”) on social networks like LinkedIn, Instagram, Facebook, X (Formerly Twitter) and TikTok. This content is embedded with code derived from LinkedIn, Instagram, Facebook, X (Formerly Twitter) and TikTok and places cookies. This content might store and process certain information for personalized advertising.

Please read the privacy statement of these social networks (which can change regularly) to read what they do with your (personal) data which they process using these cookies. The data that is retrieved is anonymized as much as possible. LinkedIn, Instagram, Facebook, X (Formerly Twitter) and TikTok are located in the United States.

3. Placed cookies

Most of these technologies have a function, a purpose, and an expiration period.

  1. A function is a particular task a technology has. So a function can be to "store certain data."
  2. Purpose is "the Why" behind the function. Maybe the data is stored because it is needed for statistics.
  3. The expiration period shows the length of the period the used technology can “store or read certain data."

Microsoft Ads

Functional, Marketing

Usage

We use Microsoft Ads for advertising. Read more about Microsoft Ads

Sharing data

For more information, please read the Microsoft Ads Privacy Statement.

Functional

Name
_uetvid_exp
Expiration
persistent
Function
Name
_uetsid_exp
Expiration
persistent
Function

Marketing

Name
_uetvid
Expiration
13 months
Function
Store and track visits across websites
Name
_uetsid
Expiration
1 day
Function
Store and track visits across websites

OptinMonster

Statistics, Marketing

Usage

We use OptinMonster for mailing list subscriptions. Read more about OptinMonster

Sharing data

This data is not shared with third parties.

Statistics

Name
omVisitsFirst
Expiration
persistent
Function
Store a unique user ID
Name
omVisits
Expiration
persistent
Function
Store number of visits
Name
_omappvp
Expiration
11 years
Function
Store last visit

Marketing

Name
omWpApi
Expiration
Function
Name
omSeen-*
Expiration
30 days
Function
Store and track interaction

Google Adsense

Statistics, Marketing

Usage

We use Google Adsense for showing advertisements. Read more about Google Adsense

Sharing data

For more information, please read the Google Adsense Privacy Statement.

Statistics

Name
_gcl_ls
Expiration
Function
Store and track interaction

Marketing

Name
_gcl_au
Expiration
persistent
Function
Store and track conversions

Purpose pending investigation

Name
google_adsense_settings
Expiration
Function

Google reCAPTCHA

Functional

Usage

We use Google reCAPTCHA for spam prevention. Read more about Google reCAPTCHA

Sharing data

For more information, please read the Google reCAPTCHA Privacy Statement.

Functional

Name
_grecaptcha
Expiration
6 months
Function
Provide spam protection

Purpose pending investigation

Name
rc::c
Expiration
Function
Name
rc::b
Expiration
Function
Name
rc::a
Expiration
Function

Elementor

Statistics (anonymous), Functional

Usage

We use Elementor for content creation. Read more about Elementor

Sharing data

This data is not shared with third parties.

Statistics (anonymous)

Name
elementor
Expiration
persistent
Function
Store performed actions on the website

Functional

Name
*-evergreen_due_date
Expiration
various
Function
Provide a responsive website
Name
*-evergreen_interval
Expiration
various
Function
Provide a responsive website

WordPress

Functional

Usage

We use WordPress for website development. Read more about WordPress

Sharing data

This data is not shared with third parties.

Functional

Name
wpEmojiSettingsSupports
Expiration
session
Function
Store browser details
Name
wordpress_logged_in_*
Expiration
persistent
Function
Store logged in users

Microsoft Clarity

Statistics, Marketing

Usage

We use Microsoft Clarity for heat maps and screen recordings. Read more about Microsoft Clarity

Sharing data

For more information, please read the Microsoft Clarity Privacy Statement.

Statistics

Name
_cltk
Expiration
Function
Store and track interaction
Name
_clsk
Expiration
1 day
Function
Store and combine pageviews by a user into a single session recording

Marketing

Name
_clck
Expiration
1 year
Function
Store a unique user ID

Purpose pending investigation

Name
ANONCHK
Expiration
Function
Name
MUID
Expiration
Function

Facebook

Marketing

Usage

We use Facebook for display of recent social posts and/or social share buttons. Read more about Facebook

Sharing data

For more information, please read the Facebook Privacy Statement.

Marketing

Name
_fbp
Expiration
3 months
Function
Store and track visits across websites
Name
_fbc
Expiration
2 years
Function
Store last visit

Purpose pending investigation

Name
_js_datr
Expiration
Function
Name
fbm*
Expiration
Function
Name
xs
Expiration
Function
Name
wd
Expiration
Function
Name
fr
Expiration
Function
Name
act
Expiration
Function
Name
datr
Expiration
Function
Name
c_user
Expiration
Function
Name
csm
Expiration
Function
Name
sb
Expiration
Function
Name
actppresence
Expiration
Function
Name
*_fbm_
Expiration
Function

Hotjar

Statistics

Usage

We use Hotjar for heat maps and screen recordings. Read more about Hotjar

Sharing data

For more information, please read the Hotjar Privacy Statement.

Statistics

Name
_hjSessionUser_*
Expiration
1 year
Function
Store a unique user ID

Google Analytics

Statistics

Usage

We use Google Analytics for website statistics. Read more about Google Analytics

Sharing data

For more information, please read the Google Analytics Privacy Statement.

Statistics

Name
_ga_*
Expiration
1 year
Function
Store and count pageviews
Name
_ga
Expiration
2 years
Function
Store and count pageviews

WPForms

Preferences

Usage

We use WPForms for webforms. Read more about WPForms

Sharing data

This data is not shared with third parties.

Preferences

Name
_wpfuuid
Expiration
11 years
Function
Store a unique user ID

Heap Analytics

Statistics

Usage

We use Heap Analytics for website statistics. Read more about Heap Analytics

Sharing data

For more information, please read the Heap Analytics Privacy Statement.

Statistics

Name
_hp2_id.*
Expiration
14 months
Function
Store and track interaction
Name
_hp2_id_*
Expiration
14 months
Function
Store a unique user ID

Nitropack

Functional

Usage

We use Nitropack for page loading speed improvement. Read more about Nitropack

Sharing data

This data is not shared with third parties.

Functional

Name
nitropack_webhook_sync
Expiration
Function
Provide functions across pages

CloudFlare

Functional

Usage

We use CloudFlare for content distribution network (CDN) services. Read more about CloudFlare

Sharing data

For more information, please read the CloudFlare Privacy Statement.

Functional

Name
__cf_bm
Expiration
30 minutes
Function
Read and filter requests from bots

WP Engine

Purpose pending investigation

Usage

We use WP Engine for website hosting. Read more about WP Engine

Sharing data

For more information, please read the WP Engine Privacy Statement.

Purpose pending investigation

Name
rtk_gdpr_c
Expiration
Function
Name
rtkuuid
Expiration
Function
Name
rtk_gdpr_a
Expiration
Function
Name
rtk_p
Expiration
Function
Name
rtk_sid
Expiration
Function
Name
rtk_rps
Expiration
Function
Name
rtk_sat
Expiration
Function

Active Campaign

Purpose pending investigation

Usage

We use Active Campaign for marketing automation (automated email marketing). Read more about Active Campaign

Sharing data

For more information, please read the Active Campaign Privacy Statement.

Purpose pending investigation

Name
prism_*
Expiration
Function

Google Fonts

Purpose pending investigation

Usage

We use Google Fonts for display of webfonts. Read more about Google Fonts

Sharing data

For more information, please read the Google Fonts Privacy Statement.

Purpose pending investigation

Name
Google Fonts API
Expiration
Function

Google Maps

Purpose pending investigation

Usage

We use Google Maps for maps display. Read more about Google Maps

Sharing data

For more information, please read the Google Maps Privacy Statement.

Purpose pending investigation

Name
Google Maps API
Expiration
Function

Vimeo

Purpose pending investigation

Usage

We use Vimeo for video display. Read more about Vimeo

Sharing data

For more information, please read the Vimeo Privacy Statement.

Purpose pending investigation

Name
__utmt_player
Expiration
Function
Name
vuid
Expiration
Function

YouTube

Purpose pending investigation

Usage

We use YouTube for video display. Read more about YouTube

Sharing data

For more information, please read the YouTube Privacy Statement.

Purpose pending investigation

Name
GPS
Expiration
Function
Name
VISITOR_INFO1_LIVE
Expiration
Function
Name
YSC
Expiration
Function
Name
PREF
Expiration
Function

Calendly

Purpose pending investigation

Usage

We use Calendly for content creation. Read more about Calendly

Sharing data

For more information, please read the Calendly Privacy Statement.

Purpose pending investigation

Name
_calendly_session
Expiration
Function

LinkedIn

Purpose pending investigation

Usage

We use LinkedIn for display of recent social posts and/or social share buttons. Read more about LinkedIn

Sharing data

For more information, please read the LinkedIn Privacy Statement.

Purpose pending investigation

Name
sdsc
Expiration
Function
Name
lms_ads
Expiration
Function
Name
lms_analytics
Expiration
Function
Name
_guid
Expiration
Function
Name
li_alerts
Expiration
Function
Name
li_gc
Expiration
Function
Name
AnalyticsSyncHistory
Expiration
Function
Name
bcookie
Expiration
Function
Name
li-oatml
Expiration
Function
Name
BizographicsOptOut
Expiration
Function
Name
li_sugr
Expiration
Function
Name
UserMatchHistory
Expiration
Function
Name
linkedin_oauth_
Expiration
Function
Name
lidc
Expiration
Function
Name
bscookie
Expiration
Function
Name
X-LI-IDC
Expiration
Function

TikTok

Purpose pending investigation

Usage

We use TikTok for video display. Read more about TikTok

Sharing data

For more information, please read the TikTok Privacy Statement.

Purpose pending investigation

Name
s_v_web_id
Expiration
Function
Name
MONITOR_WEB_ID
Expiration
Function
Name
csrf_session_id
Expiration
Function
Name
tt_csrf_token
Expiration
Function
Name
_abck
Expiration
Function
Name
tt_webid
Expiration
Function
Name
tt_webid_v2
Expiration
Function
Name
ttwid
Expiration
Function
Name
webapp_launch_mode
Expiration
Function
Name
webapp_session_id
Expiration
Function
Name
webapp-session-referer
Expiration
Function
Name
webapp_tiktok_privious
Expiration
Function
Name
webapp_extra_data
Expiration
Function
Name
webapp_original_traffic_type
Expiration
Function
Name
__tea_cache_first_*
Expiration
Function
Name
guide-login-config
Expiration
Function
Name
__tea_cache_tokens_*
Expiration
Function
Name
webapp-newuser
Expiration
Function
Name
f
Expiration
Function
Name
autoplay-config
Expiration
Function
Name
webapp-video-mute
Expiration
Function

Miscellaneous

Purpose pending investigation

Usage

Sharing data

Sharing of data is pending investigation

Purpose pending investigation

Name
HappyFilesExpandIds
Expiration
Function
Name
eng_mt
Expiration
Function
Name
omFoldersSeen
Expiration
Function
Name
previousName
Expiration
Function
Name
htmx-history-cache
Expiration
Function
Name
wpjm-stat-search_view_unique_6391
Expiration
Function
Name
image-optimizer-not-connected-modal
Expiration
Function
Name
e_event-tracker
Expiration
Function
Name
wpc*
Expiration
Function
Name
loglevel
Expiration
Function
Name
_li_duid
Expiration
Function
Name
previousLastName
Expiration
Function
Name
elementor_onboarding_initiated
Expiration
Function
Name
_wpfuj
Expiration
Function
Name
multiFbc
Expiration
Function
Name
previousEmail
Expiration
Function
Name
lastExternalReferrer
Expiration
Function
Name
taboola global:user-id
Expiration
Function
Name
zapier.visitor_id
Expiration
Function
Name
*:session-data
Expiration
Function
Name
li_adsId
Expiration
Function
Name
elementor_onboarding_start_time
Expiration
Function
Name
elementor_onboarding_experiment201_variant
Expiration
Function
Name
_li_ss
Expiration
Function
Name
topicsLastReferenceTime
Expiration
Function
Name
e_kit-elements-defaults
Expiration
Function
Name
elementor_onboarding_pending_experiment_data
Expiration
Function
Name
image-optimization-trial-end-close-time
Expiration
Function
Name
omLastSeen
Expiration
Function
Name
lastExternalReferrerTime
Expiration
Function
Name
omRulesetData
Expiration
Function
Name
taboola global:last-external-referrer
Expiration
Function
Name
betterlinks__admin_menu_notice
Expiration
Function
Name
debug
Expiration
Function
Name
_aid
Expiration
Function
Name
source
Expiration
Function
Name
_aa_gclid
Expiration
Function
Name
gbuuid
Expiration
Function
Name
betterlinks_visitor
Expiration
Function
Name
_omra
Expiration
Function
Name
_lc2_fpi
Expiration
Function
Name
_aa_fbclid
Expiration
Function
Name
_hashedphone
Expiration
Function
Name
_phone_norm_hash
Expiration
Function
Name
_hashedemail
Expiration
Function
Name
_email_norm_hash
Expiration
Function
Name
wp-settings-9
Expiration
Function
Name
_gtm_cookie_test
Expiration
Function
Name
_li_dcdm_c
Expiration
Function
Name
_lc2_fpi_js
Expiration
Function
Name
wp-settings-time-9
Expiration
Function
Name
_eventidforevents
Expiration
Function
Name
cf_clearance
Expiration
Function
Name
HappyFilesHideSidebar
Expiration
Function
Name
omFoldersClosed
Expiration
Function
Name
omFoldersOptin
Expiration
Function
Name
activecontent
Expiration
Function
Name
np_cache_variation
Expiration
Function
Name
wp-settings-5
Expiration
Function
Name
wp-settings-time-5
Expiration
Function
Name
_gcl_aw
Expiration
Function
Name
_gcl_gs
Expiration
Function
Name
receive-cookie-deprecation
Expiration
Function
Name
wordpress_test_cookie
Expiration
Function
Name
wp_lang
Expiration
Function
Name
e_my_templates_source
Expiration
Function
Name
SYNCED_BLACKLISTED_URLS
Expiration
Function
Name
shopifySelectors
Expiration
Function
Name
ld:625f1e15ad7e181562323d2a:$diagnostics
Expiration
Function
Name
phantom.contentScript.providerInjectionOptions.v3
Expiration
Function
Name
adobeCleanFontAdded
Expiration
Function
Name
ajs_anonymous_id
Expiration
Function
Name
omSuccess-pmnj7hl350igwwkcamwq
Expiration
Function
Name
omSuccessCookie
Expiration
Function
Name
_email
Expiration
Function
Name
wp-settings-17
Expiration
Function
Name
wp-settings-time-17
Expiration
Function
Name
_dd_s
Expiration
Function
Name
elementor_wpdash_session
Expiration
Function
Name
_utm_source
Expiration
Function
Name
_utm_medium
Expiration
Function
Name
_utm_campaign
Expiration
Function
Name
_utm_term
Expiration
Function
Name
wp-settings-12
Expiration
Function
Name
wp-settings-time-12
Expiration
Function
Name
_phone
Expiration
Function
Name
_firstname
Expiration
Function
Name
_lastname
Expiration
Function
Name
_uetmsclkid_exp
Expiration
Function
Name
_uetmsclkid
Expiration
Function
Name
HappyFilesSidebarWidth
Expiration
Function
Name
Whats New 5.0
Expiration
Function
Name
Image Map Pro Editor Tour
Expiration
Function
Name
wp-settings-20
Expiration
Function
Name
wp-settings-time-20
Expiration
Function
Name
_hjSession_3905781
Expiration
Function

4. Browser and Device based Consent

When you visit our website for the first time, we will show you a pop-up with an explanation about cookies. You do have the right to opt-out and to object against the further use of non-functional cookies.

4.1 Manage your opt-out preferences

You have loaded the Cookie Policy without javascript support. On AMP, you can use the manage consent button on the bottom of the page.

5. Enabling/disabling and deleting cookies

You can use your internet browser to automatically or manually delete cookies. You can also specify that certain cookies may not be placed. Another option is to change the settings of your internet browser so that you receive a message each time a cookie is placed. For more information about these options, please refer to the instructions in the Help section of your browser.

Please note that our website may not work properly if all cookies are disabled. If you do delete the cookies in your browser, they will be placed again after your consent when you visit our website again.

6. Your rights with respect to personal data

You have the following rights with respect to your personal data:

  • you may submit a request for access to the data we process about you;
  • you may object to the processing;
  • you may request an overview, in a commonly used format, of the data we process about you;
  • you may request correction or deletion of the data if it is incorrect or not or no longer relevant, or to ask to restrict the processing of the data.

To exercise these rights, please contact us. Please refer to the contact details at the bottom of this Cookie Policy. If you have a complaint about how we handle your data, we would like to hear from you.

For more information about your rights with respect to personal data, please refer to our Privacy Statement

7. Contact details

For questions and/or comments about our Cookie Policy and this statement, please contact us by using the following contact details:

Phoenix Energy One, LLC
Phoenix Energy, 18575 Jamboree Rd Suite 830, Irvine, CA 92612
United States
Website: https://phoenixenergy.com
Email: legal@ex.comphoenixenergy.com
Phone number: (949) 416-5037

This Cookie Policy was synchronized with cookiedatabase.org on April 11, 2026.

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  • About
    • Team
    • Contact
    • Careers
    • Fuel
  • Divisions
    • Mineral Rights
      (Acquisitions & Leasing)
    • Operating
      (Oil & Gas Production)
  • News & Resources
    • News
    • Join a Webinar
    • Bondholder Guide
    • Production Stats
    • FAQ
  • Bond Offerings
  • Bondholder Portal
    • Bondholder Login
    • Bondholder Sign up
  • Investors
    • Press Releases
    • YE 2025 Earnings
    • Corporate Governance
    • Stock Information
    • Financial Information
    • Transfer Agent
    • Contact
    • FAQ
  • Production
  • About
    • Team
    • Contact
    • Careers
    • Fuel
  • Divisions
    • Mineral Rights
      (Acquisitions & Leasing)
    • Operating
      (Oil & Gas Production)
  • News & Resources
    • News
    • Join a Webinar
    • Bondholder Guide
    • Production Stats
    • FAQ
  • Bond Offerings
  • Bondholder Portal
    • Bondholder Login
    • Bondholder Sign up
  • Investors
    • Press Releases
    • YE 2025 Earnings
    • Corporate Governance
    • Stock Information
    • Financial Information
    • Transfer Agent
    • Contact
    • FAQ
  • Production

303-376-9778

Disclosures

Phoenix Energy One, LLC (“Phoenix Energy” or the “Company”) conducts offerings of debt securities pursuant to (i) an exemption from registration under Rule 506(c) of Regulation D (“Private Placement Offerings”) of the Securities Act of 1933, as amended (the “Securities Act”) and (ii) a registration statement on Form S-1 under the Securities Act (including a prospectus) filed with the SEC (the “Registered Offering”). In addition, Adamantium Capital, LLC, a wholly owned financing subsidiary of the Company, conducts offerings of debt securities pursuant to the exemption from registration provided by Rule 506(c) of Regulation D and loans the proceeds of such offerings to Phoenix Energy (the “Adamantium Offering,” and together with the Registered Offering and the Private Placement Offerings, the “Offerings”). The Company is the sponsor of the Adamantium Offering. 

THIS COMMUNICATION DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES, AND SHALL NOT CONSTITUTE AN OFFER, SOLICITATION, OR SALE OF ANY SECURITY, IN ANY JURISDICTION IN WHICH SUCH OFFERING, SOLICITATION, OR SALE WOULD BE UNLAWFUL.

The Private Placement Offerings and the Adamantium Offering are exempt from the registration requirements of the Securities Act and only “accredited investors”, as such term is defined in Rule 501 of Regulation D, may invest in such offerings. For more details, you can review accreditation requirements here. The Company has posted a private placement memorandum (together with any related amendments and supplements thereto, the “private placement memorandum”) on its website, which can be accessed via the following link: PHXOffering.com. You may only obtain the private placement memorandum for the Adamantium Offering directly from the Company upon request.

The Registered Offering is being made pursuant to a registration statement and prospectus, filed, or registered with the U.S. Securities and Exchange Commission (“SEC”) and appropriate state regulatory agencies. For the Registered Offering only investors meeting certain criteria, including the financial suitability requirements, may invest in the Registered Offering. The eligibility requirements may be found in the offering documentation, including the prospectus, that the Company has filed on EDGAR with the SEC and can be found at sec.gov, where you can obtain a free copy of the prospectus. Alternatively, Phoenix Energy or a registered representative of Crescent will supply additional materials when requested. Call 303.376.9778 or email [email protected] to place a request.

Before you invest, you should read the offering documentation for the relevant Offering, including, with respect to the Registered Offering, the prospectus, and other documents that the Company has filed with the SEC.

While the Company may use general solicitation and general advertising with respect to the Offerings, which may be conducted through a number of different means, including, among others, the internet, social media, seminars/webinars, and print, the Company will take reasonable steps to verify that the purchasers investing in such offerings meet the applicability suitability standards criteria, including being an “accredited investor” if purchasing securities pursuant to our Private Placement Offerings. To that end, investors wishing to purchase securities in such offerings will be required to provide certain supporting materials and other information to the Company for the purpose of verifying “accredited investor” status. Any investment decision will be made only based on the information included in, and for the debt securities described in, the related offering documents.

Certain of Phoenix Energy’s non-executive personnel are licensed registered representatives of Crescent Securities Group, Inc. These registered representatives conduct securities business through Crescent, a registered broker-dealer and member of FINRA/SIPC (finra.org/sipic.org). Crescent and Phoenix Energy are not affiliated entities.

Investing is subject to risks and should be made only by persons or entities able to bear the risk of and to withstand the total loss of their investment. Investors should always conduct their own due diligence and consult with a reputable financial advisor, attorney, accountant, and any other professional that can help them to understand and assess the risks associated with any investment opportunity. Major risks, including those related to the potential loss of some or all principal, are disclosed in the private placement memorandum and prospectus for the Offerings. The Offerings are speculative, illiquid, and unsecured. Past performance is not indicative of future results.

The materials set forth on the Company’s website and presentations were prepared by the Company and the analyses contained therein are based, in part, on certain assumptions made by and information obtained from the Company and/or from other sources. The information may not be comprehensive and has not been subject to any independent audit or review. The Company’s internal estimates have not been verified by an external expert, and we cannot guarantee that a third party using different methods would obtain or generate the same results. The Company does not make any representation or warranty, express or implied, in relation to the fairness, reasonableness, adequacy, accuracy or completeness of the information, statements or opinions, whichever their source, contained in such materials or any oral information provided in connection with its presentations or discussions with investors, or any data it generates, and accepts no responsibility, obligation or liability (whether direct or indirect, in contract, tort or otherwise) in relation to any of such information. The information and opinions contained in the materials are provided as of the date specified therein, are subject to change without notice and do not purport to contain all information that may be required to evaluate the Company. The Company and its affiliates, officers, employees, and agents expressly disclaim any and all liability which may be based on the materials and any errors therein or omissions therefrom. Neither the Company nor any of its affiliates, officers, employees or agents makes any representation or warranty, express or implied, that any transaction has been or may be affected on the terms or in the manner stated in the materials, or as to the achievement or reasonableness of estimates, prospects or returns, if any. You are cautioned not to give undue weight to such estimates. Numerical figures in the materials have been subject to rounding adjustments. Accordingly, numerical figures shown as totals in various tables may not be arithmetic aggregations of the figures that precede them.

The materials include forward looking statements that reflect the Company’s current views with respect to, among other things, the Company’s growth, operations, and financial performance. Forward looking statements include all statements that are not historical facts. These forward-looking statements relate to matters such as the Company’s industry, business strategy, goals, and expectations concerning our market position, future operations, margins, profitability, capital expenditures, liquidity, and capital resources and other financial and operating information. These forward-looking statements are generally identifiable by forward looking terminology such as “expect,” “believe,” “anticipate,” “outlook,” “could,” “target,” “project,” “intend,” “plan,” “seek,” “estimate,” “should,” “will,” “approximately,” “predict,” “potential,” “may,” and “assume,” as well as variations of such words and similar expressions referring to the future. Oral information provided in connection with the Company’s presentations or discussions with investors may similarly include forward looking statements.

The forward-looking statements contained in the materials, including but not limited to any outlook, targets, or projections, are based on management’s current expectations and are not guarantees of future performance. The forward-looking statements are subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. For example, projections included in the materials assume the Company has continued access to adequate sources of capital to fund operations. The Company’s expectations, beliefs, and projections are expressed in good faith, and the Company’s management believes there is a reasonable basis for them. However, there can be no assurance that management’s expectations, beliefs, and projections will result or be achieved.

Actual results may differ materially from these expectations due to changes in global, regional, or local economic, business, competitive, market, regulatory, and other factors, many of which are beyond our control. Management believes that these factors include but are not limited to the risk factors the Company has identified in its offering documents under “Risk Factors.” Risk Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. The Company may not actually achieve the plans, intentions or expectations disclosed in such forward-looking statements and you should not place undue reliance on the Company’s forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether because of new information, future developments or otherwise, except as may be required by any applicable securities laws.

The SEC generally permits oil and gas companies, in filings made with the SEC, to disclose proved reserves, which are reserve estimates that geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from known reservoirs under existing economic and operating conditions, and certain probable and possible reserves that meet the SEC’s definitions for such terms. The Company discloses estimated proved reserves and estimated probable reserves in its filings with the SEC. The Company’s estimated reserves are prepared by the Company’s internal reservoir engineer and comply with definitions promulgated by the SEC. These estimated reserves are not audited by an independent petroleum engineering firm. Additional information on the Company’s estimated reserves is contained in the Company’s filings with the SEC. In these materials, the Company may use the terms “resources,” “resource potential” or “potential resources,” which SEC guidelines prohibit issuers from including in filings with the SEC. “Resources,” “resource potential” or “potential resources” refer to the Company’s internal estimates of hydrocarbon quantities that may be potentially discovered through exploratory drilling or recovered with additional drilling or recovery techniques. Such terms do not constitute reserves within the meaning of the Standards Pertaining to the Estimating and Auditing of Oil and Gas Reserves Information promulgated by the Society of Petroleum Engineers or SEC rules and do not include any proved reserves. Actual quantities that may be ultimately recovered will differ substantially. Factors affecting ultimate recovery include the scope of drilling programs, which will be directly affected by the availability of capital, drilling and production costs, availability of drilling services and equipment, drilling results, lease expirations, transportation constraints, regulatory approvals and other factors and actual drilling results, including geological and mechanical factors affecting recovery rates. Estimates may change significantly as development of properties provides additional data. In addition, our production forecasts and expectations for future periods are dependent upon many assumptions, including estimates of production, decline rates from existing wells and the undertaking and outcome of future drilling activity, which may be affected by significant commodity price declines or drilling cost increases. Estimated proved reserves and estimated probable reserves do not represent or measure the fair value of the respective properties or the fair market value at which a property or properties could be sold. In the event of any such sale, proceeds to the Company may be significantly less than the value of the estimated reserves.

Certain materials contain “non-GAAP financial measures” that are financial measures that either exclude or include amounts that are not excluded or included in the most directly comparable measures calculated and presented in accordance with accounting principles generally accepted in the United States (“GAAP”). Specifically, the Company presents “EBITDA” as a supplemental measure of financial performance that is not required by, or presented in accordance with, GAAP. The Company believes this measure can assist investors in comparing the Company’s operating performance across reporting periods on a consistent basis by excluding items that it does not believe are indicative of its core operating performance. Management believes these non-GAAP measures are useful in highlighting trends in the Company’s operating performance, while other measures can differ significantly depending on long term strategic decisions regarding capital structure, capital investments, etc. Management uses these non-GAAP measures to supplement GAAP measures of performance in the evaluation of the effectiveness of the Company’s business strategies and to make budgeting decisions. Management supplements GAAP results with non-GAAP financial measures to provide a more complete understanding of the factors and trends affecting the business than GAAP results alone provide. However, this measure should not be considered as an alternative to net income (loss) as a measure of financial performance or cash provided by operating activities as a measure of liquidity, or any other performance measure derived in accordance with GAAP. The presentation of this measure has limitations as an analytical tool and should not be considered in isolation, or as a substitute for the Company’s results as reported under GAAP.

The Phoenix Energy designed logo, and our other registered or common law trademarks, service marks, or trade names appearing in the materials are the property of the Company. Solely for convenience, trademarks, tradenames, and service marks referred to in the materials appear without the ®, TM, and SM symbols, but those references are not intended to indicate, in any way, that the Company will not assert, to the fullest extent under applicable law, its rights to these trademarks, tradenames, and service marks. The materials may contain additional trademarks, tradenames, and service marks of other companies that are the property of their respective owners. The Company does not intend our use or display of other companies’ trademarks, trade names, or service marks to imply relationships with, or endorsement or sponsorship of the Company by, these other companies.

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