Dale Operating Company2100 Ross Avenue, Suite 1870 , Dallas, Texas, United States

Dale Operating Company is a privately-held oil and gas company based in Dallas, Texas. Our primary business is the acquisition, exploration, and production of oil & gas reserves.

Dale Operating Company (along with its predecessors and affiliates, collectively “Dale” or the “Company”) is a privately-held company based in Dallas, Texas, established by Lawrence B. Dale in 1981. The primary business is the acquisition, exploration, and production of oil and gas reserves, mainly in the United States.

Early Operations

For the first 25 years of its existence, Dale Operating focused on the exploration and development of oil and gas reserves in Texas and Louisiana. From 1981-2006, it drilled and operated over 350 vertical and horizontal wells ranging from 6,000 to 18,000 vertical feet in various reservoirs. Starting in South Texas, then moving to East Texas, and eventually to the Barnett Shale in North Texas, Dale developed significant expertise with horizontal drilling, fracture stimulation of tight reservoirs, management of 3-D seismic surveys, as well as the construction and operation of natural gas gathering systems.

Urban Play

Dale Operating’s Barnett Shale properties were located in highly urbanized areas and involved many complex land acquisitions. To accomplish the task of leasing smaller tracts around company drill sites and obtain pipeline right-of-way through this area, it began employing and contracting a large land team that could close on these smaller and more complicated transactions.  In 2006, Dale divested its Barnett Shale assets and pipeline system and entered into a unique land service agreement under which Dale used its land expertise to continue to acquire leasehold for the buyer and help develop drillable units in the complex urban environment. Dale’s land services later expanded to portions of the Haynesville, Marcellus, and Utica Shale plays. While managing these land efforts, it developed a highly-skilled internal land team out of eight offices in Texas, Louisiana, Pennsylvania, and Ohio.

Mineral & Non-Operated Leasehold Effort

In 2008, Dale Operating began to utilize its land teams to acquire mineral interests in various oil and gas producing regions throughout the United States. These acquisitions started in East Texas and shortly thereafter moved to include Bakken Shale play of the Williston Basin in North Dakota. The success in these early efforts led to expansion into the Permian, Anadarko, Appalachian and other basins.  Synergistic to its mineral effort, Dale began to acquire minority non-operated working interests in the core of the Bakken play. Dale has expanded this concept to include the Anadarko Basin of Oklahoma while continuing with its effort in the Bakken.

Moving Forward

As Dale Operating has grown, its capital base has expanded from internal individuals and legacy partners to include multi-national banks, insurance companies, endowments, institutions, large family offices and other oil and gas companies. This growth has provided Dale with the opportunity to build a fully-integrated accounting and land administration system with state-of-the-art GIS support.

Operations

We are actively involved in acquiring minerals, leasehold, and non-operated working interests in multiple petroleum producing regions throughout the United States, including the Permian Basin, Anadarko Basin, Williston Basin, Appalachian Basin, and Haynesville Shale.Our land teams, supported by an experienced, in-house staff of accountants, attorneys, land administrators, geologists, engineers, and GIS/mapping personnel, work in tandem with internally-developed local networks to identify and acquire assets in key targeted areas.

AllDale Minerals IV, LP

AllDale Minerals IV, LP through its subsidiaries Avila AD4, LLC, Calle Doce AD4, LLC, Herrera AD4, LLC, Maudie AD4, LLC, Ojeda AD4, LLC and Ranchito AD4, LLC — is actively acquiring mineral interests in the following locations:

• SCOOP/STACK/MERGE play in Oklahoma
• The Midland and Delaware Basins in Texas and New Mexico
• The Marcellus/Utica play in Pennsylvania, West Virginia, and Ohio
• The Bakken play in North Dakota
• The Haynesville shale in Louisiana