Phil Mulacek

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Mr. Mulacek is the Chief Investment Officer of the Adviser. With over 36 years of experience in global oil, gas, and Liquified Natural Gas (LNG) development, he has worked in all aspects of upstream development from drilling to completion, with production in North America, Asia, West Asia, South America, and Africa. He is the founder and former chairman and CEO of InterOil Corporation, a company listed on the New York Stock Exchange prior to its acquisition by ExxonMobil in 2017.

Before retiring from InterOil in 2013, Mr. Mulacek increased the company’s market cap from $10 million to over $5.6 billion and share price from 50₵ to more than $109. In 2009, Mr. Mulacek led InterOil to the discovery of vast oil reserves in Papua New Guinea exceeding 1.6 billion barrels of oil equivalent, an unprecedented feat that remains unsurpassed in Asia.

Prior to InterOil, Mr. Mulacek formed his private investment company, Petroleum Independent and Exploration Corporation (PIE Corp) in 1981 with an initial capital investment of $2,500. PIE Corp is now focused on U.S. exploration, and through private acquisitions, PIE Corp and its affiliates hold holds assets valued at over $100 million, including a substantial amount of domestic oil and gas royalty mineral acreage interests.

Mr. Mulacek is also on the Board of Directors of Empire Petroleum Corporation which is a substantial asset of the Fund. He oversees projects jointly developed for his family office and the Fund.

Mr. Mulacek holds a Bachelor of Science in Petroleum Engineering (BS) from Texas Tech University in Lubbock, Texas.