Winright Resources, LLC Partners with Oz Management to Pursue Acquisition and Development Opportunities in the Anadarko Basin and Closes First Acquisition

HOUSTON–(BUSINESS WIRE)–Winright Resources, LLC (“Winright”) announced the closing of an equity
commitment from certain affiliates of Och-Ziff Capital Management Group
LLC (NYSE: OZM) (“Oz Management”) in conjunction with its initial
acquisition in the Anadarko Basin. The acquisition includes over 13,000
net acres prospective for multiple pay horizons and approximately 14
million cubic feet of equivalent net gas production per day.

Jason Cribbs, CEO and Co-Founder of Winright, said, “We are thrilled to
announce our first asset purchase that comes with a strong production
base, operational upside and ample future development opportunities. We
look forward to our newly formed partnership with Oz Management – the Oz
team has tremendous financial insight, resources, and investment
experience which will provide significant leverage as we grow our
company and actively pursue additional acquisitions.”

Clayton Mykytiw, COO and Co-Founder of Winright, added, “The recent
acquisition is the exact type of opportunity we seek: a mature producing
field with operational upside. We will employ our operational
improvement techniques as well as execute on our development strategy to
maximize production, recovery and value in a safe and environmentally
conscientious manner.”

“We are excited to partner with Jason and Clayton,” said Mark Bisso,
Managing Director and Co-Head of the Energy Group at Oz Management. “The
team is well positioned and the initial acquisition provides a strong
platform for Winright to execute on their proven acquisition,
exploitation and development plans.”

Oz Management’s dedicated private energy investment team focuses on
middle market investments in the upstream, midstream and energy services
sectors primarily in North America and has invested approximately $2.0
billion in the sector.

About Winright

Winright Resources is a private company based in The Woodlands, Texas,
engaged in the acquisition, exploitation and development of oil and gas
properties in the Mid-Continent Regions of Texas and Oklahoma. Winright
was co-founded by Jason Cribbs (CEO) and Clayton Mykytiw (COO), both
Petroleum Engineers and industry veterans with significant acquisition,
evaluation, operations and development experience. For more information
on Winright, please visit www.winrightllc.com.

About Oz Management

Oz Management is one of the largest institutional alternative asset
managers in the world, with offices in New York, London, Hong Kong,
Mumbai, Beijing, Shanghai and Houston. Oz provides asset management
services to investors globally through its multi-strategy funds,
dedicated credit funds, including opportunistic credit funds and
Institutional Credit Strategies products, real estate funds and other
alternative investment vehicles. Oz seeks to generate consistent,
positive, absolute returns across market cycles, with low volatility
compared to the broader markets, and with an emphasis on preservation of
capital. Oz’s funds invest across multiple strategies and geographies,
consistent with the investment objectives of each fund. The global
investment strategies Oz employs include convertible and derivative
arbitrage, corporate credit, long/short equity special situations,
merger arbitrage, private investments, real estate and structured
credit. As of December 1, 2017, Oz had approximately $32.2 billion in
assets under management. For more information, please visit Oz’s website
(www.ozm.com).

Contacts

Winright Resources, LLC
Clayton Mykytiw, 888-501-1565
Chief
Operating Officer