Ridgewood Energy14 Philips Parkway, Montvale, New Jersey, United States

Ridgewood Energy is a private equity firm focused on investments in the Deepwater Gulf of Mexico. With more than two decades of experience investing in Gulf of Mexico oil and gas projects, Ridgewood Energy has earned its reputation as a reliable, professional, value-adding project partner to many leading energy companies.Ridgewood Energy’s team of geoscientists and engineers utilize state-of-the-art seismic and drilling technologies. Through the rigorous application of advanced 3-D seismic imaging and processing technologies, our team is better-equipped than ever before to develop a robust understanding of subsurface geological formations. In the field, our operating partners can now employ enhanced directional-drilling technologies to target potential reserves.Ridgewood Energy’s investment team includes industry executives with decades of experience at leading energy companies. Our expertise spans across all disciplines relating to successful oil and gas exploration, development and production.Ridgewood Energy applies a highly-disciplined evaluation process across a broad range of opportunities, and selects only those projects that meet the firm’s high standards for investment. We participate in annual Federal offshore lease sales alongside industry partners. We also acquire leasehold interests and participate in projects that exhibit compelling prospectivity.

Ridgewood Energy seeks to find and develop oil assets in the Deepwater Gulf of Mexico at a cost of less than $20 per barrel. We target high-potential reservoirs in one of the world’s most prolific oil basins, in partnership with industry-leading energy companies.Exploration & Production companies have been successfully drilling and developing oil fields in the Deepwater Gulf of Mexico for decades, over which time valuable pipeline and production infrastructure has been installed. In many instances, Ridgewood’s projects have the opportunity to use this existing infrastructure, which can reduce the capital and time required to get a discovery on production. Where needed, new production facilities may be installed that are capable of handling high-rates of oil production from multiple new fields.Ridgewood Energy and its project partners are deeply committed to conducting all offshore drilling and production operations with the highest regard for safety. Safety is a core value of the oil and gas industry, which is constantly improving best practices for safe operations.