LDV Oil and Gas Consultants

• Production and delivery cost analysis and recommendations
• Analysis of current market conditions at the wellhead and downstream
• Transportation and logistics support and oversight

We handle all aspects of moving your product down the supply chain, enabling you to focus on production In addition to our proprietary pricing systems, we have the relationships and market knowledge needed to ensure your pricing is maximized and your product is handled efficiently

In addition to our marketing efforts, LDV provides a unique suite of strategy and investment consulting services on an ad hoc basis Below is a non-exclusive summary of available services

• Market analysis and hedging strategies
• Acquisition and divestiture analysis
• Deal or management team qualitative analysis
• Non-operating (take in kind) asset strategy and consideration
• Capital and structural planning for new ventures

At LDV, our efforts don’t need to end with the marketing of your production Our team has decades of experience in strategy-consulting, capital formation and organizational best practices We want to help and, when possible, to participate in our partners success in all new ventures

Lee D. Vendig II

Founding Partner and CEO Lee graduated Cum Laude from Millsaps College with a B A in English in 1993 He then attended the University of Tulsa College of Law where his studies focused in the areas of Oil & Gas and Environmental Law In two years, he received a Resources, Energy and Environmental Law degree and certificate of recognition from the National Energy Environmental Law and Policy Institute Lee finished law school at Southern Methodist University, Dedman School of Law While finishing his studies he interned with the Environmental Protection Agency in the Superfund litigation department Lee was board certified by the Texas Supreme Court in 1997 He practiced oil and gas law and has been involved in the industry for more than 18 years He has been actively marketing oil and gas for independent producers for the past 20 years

Luther S. Ott II

Luther graduated from Millsaps College with a B A in History in 1993 He then attended Louisiana State University earning his Master of Science degree, with a focus on finance and economics Luther then went on to an investing career running and consulting to hedge funds, private equity funds and private family offices During his 30-year investing career he has specialized in commodities trading, hedging programs, qualitative underwriting, deal-structuring and strategy He has served as a board member or consultant to companies in a variety of industries including technology, finance, energy, commercial real estate and healthcare Luther has been a frequent speaker and panelist on various investment topics, including deal structure, family office best practices and alternative investing He is a former board member of the Else School of Management and has been a contributing subject matter resource to journalists for the Wall Street Journal and CNBC

Assets: Great Results, Expert, Good Value "Lee is spot on in his market evaluation and contract negotiation skills Lee is personable and easy to understand, His fees are very reasonable, especially for the results achieved We continue to do business with Lee because of his unstoppable dedication to monitoring and interpreting world and national events that effect oil and gas prices and to making sure that we always have the latest information before we act an a new contract We simply will not act without first seeking his advice on a contract, I would highly recommend Lee vending to any company, large or small He is indeed a true professional and knows his stuff The survey asked me to "Choose THREE attributes that best describe this service provider" and I chose all of them Unfortunately they wouldn't publish it until I culled it down to three But in reality, Lee vending exhibits all the qualities listed, Great Results, Personable, Expert, Good Value, On Time, High Integrity, and he is creative "

Kenan Lott, PARTEN OPERATING INC, Houston, TX

Assets: Great Results, Personable, High Integrity "Lee works directly with his clients providing information and details needed to provide best contracts with oil and gas purchasers He has always been honest and fair on all his dealings with our company I recommend him for companies without the expertise needed to know what the current market offers in dealing with oil purchasers "

Tom Sartor, Falcon Resources Inc. Kilgore, TX

Assets: Great Results, Expert, Good Value "Increased our price received ten-fold "

Greg King, Salida Expolration Company Abilene, TX

Assets: Personable, Expert, High Integrity "Lee, hard to say all the good things about Lee, If you hire him you will not be disappointed Integrity, results, and good guy He will make you money "

Mike Hodgden, Hodgden Oil & Gas Company Enid, OK

Assets: Great Results, Expert, Good Value "Lee has handled the crude oil marketing for my company since 2011 He has done a very good job of maximizing our revenue to the fullest "

Buddy Napier, HGN OPERATING ABILENE, TX

Assets: Expert, Good Value, On Time "My company hired Lee Vending as a consultant to help maximize the oil price received at our leases from various oil purchasers We have been very satisfied with the results obtained "

Jack Byrd Operating Company Minland, TX

Assets: Great Results, Good Value, Creative " I have worked with Lee on a couple of projects and his analysis and timing were very beneficial for our company, His recommendations literally increase our cash flow in the six figure range The cost to do business with his company on a monthly basis is so minimum to the bottom line that I didn't hesitate to continue this relationship in other ventures His relationships with the first level purchasers and his knowledge of their markets really shortened my decision tree and gave me a comfort level when negotiating for our company's marketing needs If you need that extra comfort level before making your marketing decisions please give Lee a Call "