BKV Corp.

The company is a forward-thinking and growth-driven energy enterprise focused on creating value for its stockholders through the organic development of its properties and accretive acquisitions. Incorporated in Delaware, its core business is the production of natural gas from its owned and operated upstream businesses, with a target to achieve net zero Scope 1 and Scope 2 emissions by the end of 2025.

It maintains a “closed-loop” approach to its net zero emissions goal across four business lines: natural gas production; natural gas gathering, processing, and transportation (the "natural gas midstream business"); power generation; and carbon capture, utilization, and sequestration (CCUS). The company is committed to building a vertically integrated business to reduce costs and improve overall commercial optimization of the full value chain. For example, its natural gas production in the Barnett is gathered and transported through its midstream systems, and it is seeking to establish arrangements to supply its natural gas production directly to the BKV-BPP Power Joint Venture.

The company believes that its differentiated business model, net zero emissions focus, highly experienced management team, and technology-driven approach to operations will enable it to create stockholder value.

The company is engaged in the acquisition, operation, and development of natural gas and NGL properties primarily located in the Barnett Shale in the Fort Worth Basin of Texas (the "Barnett") and in the Marcellus Shale in the Appalachian Basin of Northeastern Pennsylvania (NEPA). Its upstream assets are the core of the business and provide substantial Adjusted Free Cash Flow, which is expected to be sufficient to fund its capital expenditure program, enhance stockholder value, and support future acquisitions across its four business lines while maintaining a conservative balance sheet.

With a balanced portfolio of low decline producing properties and undeveloped inventory, primarily in the Barnett, the company focuses on operational efficiencies, access to both company-owned and third-party midstream systems, and proximity to natural gas demand markets along the Gulf Coast and Northeast corridor to generate high margins.

1200 17th Street, Suite 2100 Denver, Colorado 80202

Chris Kalnin - Chief Executive Officer,
Eric Jacobsen - Chief Operating Officer,
John Jimenez - Chief Financial Officer.