Houlihan Lokey Adds Seasoned Banker to Its Oil & Gas Group

Victor Barcot Joins Firm as a Managing Director in Houston

HOUSTON–(BUSINESS WIRE)–Houlihan Lokey (NYSE: HLI), the global investment bank, today announced
that Victor Barcot has joined the firm as a Managing Director in the Oil
& Gas Exploration and Production (E&P) Group. He is based in Houston.

Mr. Barcot joins from Deutsche Bank, where he was a Managing Director in
the Global Oil & Gas Group, focused on providing capital markets and M&A
advisory services for clients in the E&P sector. Prior to Deutsche Bank,
he was a Managing Director in HSBC’s Resources and Energy Group, working
with E&P clients in the U.S., Canada, and Latin America. Mr. Barcot also
was the Founding Partner of Exxel Energy Group, an independent E&P firm
focused on the U.S. Rocky Mountains, and the Founder and CEO of Archer
Petroleum, with operations in Western Canada and the Permian Basin. He
began his career at Credit Suisse First Boston in 1997.

“Victor has spent his 20-year career focused on the E&P sector, advising
major U.S. companies, public and private independents, and national oil
companies on a range of domestic and cross-border M&A and capital
markets transactions. Victor’s depth of experience is further enhanced
by his tenure as an owner of U.S. upstream oil & gas companies,
providing a unique perspective and blend of expertise that will
doubtless be tremendously beneficial to our E&P client base. I’m
delighted that he has joined the team,” said J.P. Hanson, Head of the
Oil & Gas E&P Group.

“The opportunity to join an investment bank with the breadth of
capabilities of Houlihan Lokey is exciting. Houlihan Lokey has a long
history of advising oil and gas clients across all its businesses and is
a market leader in corporate finance, M&A, A&D and financial
restructuring,” said Mr. Barcot. “I could not be more thrilled to join
an E&P banking team with the ability to provide independent, unbiased
transaction advice to E&P companies, their Boards and capital providers
from the reservoir to the balance sheet with the unmatched foresight,
expertise and relationships that Houlihan Lokey possesses,” he continued.

Mr. Barcot holds a B.B.A. and an MBA in Finance from the University of
Houston, where he graduated with highest honors.

Houlihan Lokey (NYSE:HLI) is a global investment bank with expertise in
mergers and acquisitions, capital markets, financial restructuring,
valuation, and strategic consulting. The firm serves corporations,
institutions, and governments worldwide with offices in the United
States, Europe, the Middle East, and the Asia-Pacific region.
Independent advice and intellectual rigor are hallmarks of the firm's
commitment to client success across its advisory services. Houlihan
Lokey is ranked as the No. 1 M&A advisor for all U.S. transactions, the
No. 1 global restructuring advisor, and the No. 1 global M&A fairness
opinion advisor over the past 20 years, according to Thomson Reuters.

Contacts

Houlihan Lokey
Investor Relations:
212-331-8225
ir@hl.com
or
Media
Relations:
John T. Gallagher
212-331-8223
pr@hl.com