Filing Details

Accession Number:
0001193125-23-298748
Form Type:
13D Filing
Publication Date:
2023-12-19 19:00:00
Filed By:
Leykum Charles S.
Company:
Ranger Energy Services Inc. (NYSE:RNGR)
Filing Date:
2023-12-20
SEC Url:
13D Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Charles S. Leykum 41,324 4,001,816 41,324 4,001,816 4,043,140 16.6%
CSL Energy Opportunity GP I 1,816 0 1,816 0 1,816 Less than 0.1%
CSL Energy Opportunity GP II 0 4,000,000 0 4,000,000 4,000,000 16.4%
Ranger Energy Holdings 0 0 0 0 0 0%
Torrent Energy Holdings 0 0 0 0 0 0%
Ranger Energy Holdings II 0 0 0 0 0 0%
Torrent Energy Holdings II 0 0 0 0 0 0%
CSL Energy Holdings I 0 0 0 0 0 0%
CSL Energy Holdings II 0 4,000,000 0 4,000,000 4,000,000 16.4%
CSL CM GP 0 4,001,816 0 4,001,816 4,001,816 16.4%
CSL Capital Management 0 4,001,816 0 4,001,816 4,001,816 16.4%
CSL Fund II Preferred Holdings 4,000,000 0 4,000,000 0 4,000,000 16.4%
CSL Energy Opportunities Fund I 0 0 0 0 0 0%
CSL Energy Opportunities Fund II 0 4,000,000 0 4,000,000 4,000,000 16.4%
Filing

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 6)*

 

 

Ranger Energy Services, Inc.

(Name of Issuer)

CLASS A COMMON STOCK, $0.01 PAR VALUE

(Title of Class of Securities)

75282U 104

(CUSIP Number)

Charles S. Leykum

2500 Summer Street, Suite 1100

Houston, Texas 77007

(281) 407-0686

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

December 18, 2023

(Date of Event Which Requires Filing of this Statement)

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  ☐

 

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

 

 

 

*

The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 


CUSIP No. 75282U 104

 

  1.    

  Name of Reporting Persons

 

  Charles S. Leykum

  2.  

  Check the Appropriate Box if a Member of a Group (See Instructions)

  (a)  ☐        (b)  ☐

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds

 

  OO

  5.  

  Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  United States of America

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

 

     7.     

  Sole Voting Power

 

  41,324

     8.   

  Shared Voting Power

 

  4,001,816

     9.   

  Sole Dispositive Power

 

  41,324

   10.   

  Shared Dispositive Power

 

  4,001,816

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  4,043,140

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  16.6%

14.  

  Type of Reporting Person

 

  IN

 

2


CUSIP No. 75282U 104

 

  1.    

  Name of Reporting Persons

 

  CSL Energy Opportunity GP I, LLC

  45-2494955

  2.  

  Check the Appropriate Box if a Member of a Group (See Instructions)

  (a)  ☐        (b)  ☐

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds

 

  OO

  5.  

  Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  Delaware

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

 

     7.     

  Sole Voting Power

 

  1,816

     8.   

  Shared Voting Power

 

  0

     9.   

  Sole Dispositive Power

 

  1,816

   10.   

  Shared Dispositive Power

 

  0

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  1,816

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  Less than 0.1%

14.  

  Type of Reporting Person

 

  OO

 

3


CUSIP No. 75282U 104

 

  1.    

  Name of Reporting Persons

 

  CSL Energy Opportunity GP II, LLC

  47-2465769

  2.  

  Check the Appropriate Box if a Member of a Group (See Instructions)

  (a)  ☐        (b)  ☐

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds

 

  OO

  5.  

  Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  Delaware

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  4,000,000

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  4,000,000

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  4,000,000

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  16.4%

14.  

  Type of Reporting Person

 

  OO

 

4


CUSIP No. 75282U 104

 

  1.    

  Name of Reporting Persons

 

  Ranger Energy Holdings, LLC

  38-3934054

  2.  

  Check the Appropriate Box if a Member of a Group (See Instructions)

  (a)  ☐        (b)  ☐

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds

 

  OO

  5.  

  Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  Delaware

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  0

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  0

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  0%

14.  

  Type of Reporting Person

 

  OO

 

5


CUSIP No. 75282U 104

 

  1.    

  Name of Reporting Persons

 

  Torrent Energy Holdings, LLC

  37-1760971

  2.  

  Check the Appropriate Box if a Member of a Group (See Instructions)

  (a)  ☐        (b)  ☐

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds

 

  OO

  5.  

  Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  Delaware

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  0

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  0

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  0%

14.  

  Type of Reporting Person

 

  OO

 

6


CUSIP No. 75282U 104

 

  1.    

  Name of Reporting Persons

 

  Ranger Energy Holdings II, LLC

  2.  

  Check the Appropriate Box if a Member of a Group (See Instructions)

  (a)  ☐        (b)  ☐

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds

 

  OO

  5.  

  Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  Delaware

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  0

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  0

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  0%

14.  

  Type of Reporting Person

 

  OO

 

7


CUSIP No. 75282U 104

 

  1.    

  Name of Reporting Persons

 

  Torrent Energy Holdings II, LLC

  30-0998585

  2.  

  Check the Appropriate Box if a Member of a Group (See Instructions)

  (a)  ☐        (b)  ☐

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds

 

  OO

  5.  

  Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  Delaware

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  0

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  0

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  0%

14.  

  Type of Reporting Person

 

  OO

 

8


CUSIP No. 75282U 104

 

  1.    

  Name of Reporting Persons

 

  CSL Energy Holdings I, LLC

  45-2665080

  2.  

  Check the Appropriate Box if a Member of a Group (See Instructions)

  (a)  ☐        (b)  ☐

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds

 

  OO

  5.  

  Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  Delaware

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  0

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  0

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  0%

14.  

  Type of Reporting Person

 

  OO

 

9


CUSIP No. 75282U 104

 

  1.    

  Name of Reporting Persons

 

  CSL Energy Holdings II, LLC

  32-0456689

  2.  

  Check the Appropriate Box if a Member of a Group (See Instructions)

  (a)  ☐        (b)  ☐

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds

 

  OO

  5.  

  Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  Delaware

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  4,000,000

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  4,000,000

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  4,000,000

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  16.4%

14.  

  Type of Reporting Person

 

  OO

 

10


CUSIP No. 75282U 104

 

  1.    

  Name of Reporting Persons

 

  CSL CM GP, LLC

  2.  

  Check the Appropriate Box if a Member of a Group (See Instructions)

  (a)  ☐        (b)  ☐

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds

 

  OO

  5.  

  Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  Delaware

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  4,001,816

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  4,001,816

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  4,001,816

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  16.4%

14.  

  Type of Reporting Person

 

  OO

 

11


CUSIP No. 75282U 104

 

  1.    

  Name of Reporting Persons

 

  CSL Capital Management, L.P.

  26-2463632

  2.  

  Check the Appropriate Box if a Member of a Group (See Instructions)

  (a)  ☐        (b)  ☐

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds

 

  OO

  5.  

  Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  Delaware

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  4,001,816

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  4,001,816

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  4,001,816

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  16.4%

14.  

  Type of Reporting Person

 

  OO

 

12


CUSIP No. 75282U 104

 

  1.    

  Name of Reporting Persons

 

   CSL Fund II Preferred Holdings LLC

  85-1368579

  2.  

  Check the Appropriate Box if a Member of a Group (See Instructions)

  (a)  ☐        (b)  ☐

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds

 

  OO

  5.  

  Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  Delaware

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

 

     7.     

  Sole Voting Power

 

  4,000,000

     8.   

  Shared Voting Power

 

  0

     9.   

  Sole Dispositive Power

 

  4,000,000

   10.   

  Shared Dispositive Power

 

  0

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  4,000,000

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  16.4%

14.  

  Type of Reporting Person

 

  OO

 

13


CUSIP No. 75282U 104

 

  1.    

  Name of Reporting Persons

 

  CSL Energy Opportunities Fund I, L.P.
  45-2495008

  2.  

  Check the Appropriate Box if a Member of a Group (See Instructions)

  (a)  ☐        (b)  ☐

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds

 

  OO

  5.  

  Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  Delaware

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  0

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  0

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  0

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  0%

14.  

  Type of Reporting Person

 

  PN

 

14


CUSIP No. 75282U 104

 

  1.    

  Name of Reporting Persons

 

  CSL Energy Opportunities Fund II, L.P.
  36-4799022

  2.  

  Check the Appropriate Box if a Member of a Group (See Instructions)

  (a)  ☐        (b)  ☐

 

  3.  

  SEC Use Only

 

  4.  

  Source of Funds

 

  OO

  5.  

  Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Item 2(d) or 2(e)

 

  ☐

  6.  

  Citizenship or Place of Organization

 

  Delaware

Number of

Shares

 Beneficially 

Owned by

Each

Reporting

Person

With

 

     7.     

  Sole Voting Power

 

  0

     8.   

  Shared Voting Power

 

  4,000,000

     9.   

  Sole Dispositive Power

 

  0

   10.   

  Shared Dispositive Power

 

  4,000,000

11.    

  Aggregate Amount Beneficially Owned by Each Reporting Person

 

  4,000,000

12.  

  Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

 

  ☐

13.  

  Percent of Class Represented by Amount in Row (11)

 

  16.4%

14.  

  Type of Reporting Person

 

  PN

 

15


Explanatory Note

This Amendment No. 6 to Schedule 13D amends and supplements the statement on Schedule 13D filed by Charles S. Leykum, CSL Energy Opportunity GP I, LLC, CSL Energy Opportunity GP II, LL, Ranger Energy Holdings, LLC, Torrent Energy Holdings, LLC, Ranger Energy Holdings II, LLC, Torrent Energy Holdings II, LLC, CSL Energy Holdings I, LLC, CSL Energy Holdings II, LLC, CSL Energy Opportunities Fund I, L.P., CSL Energy Opportunities Fund II, L.P. and CSL Energy Opportunities Master Fund, LLC with the Securities and Exchange Commission on November 19, 2019, as amended on March 16, 2020, May 15, 2020, September 22, 2021, November 7, 2023 and December 5, 2023 (as amended, the Schedule 13D) relating to the Class A Common Stock of Ranger Energy Services Inc. (the Issuer).

The principal executive offices of the Issuer are located at 10350 Richmond, Suite 550, Houston, Texas 77042. Except as set forth below and as to give effect to the changes in ownership amounts reflected above, all Items of the Schedule 13D remain unchanged. All capitalized terms not otherwise defined herein shall have the meanings ascribed to such terms in the Schedule 13D.

 

Item 5.

Interest in Securities of the Issuer

Item 5 of the Schedule 13D is hereby amended and restated in its entirety as follows:

(a)-(b) Calculations of the percentage of shares of Class A Common Stock beneficially owned are calculated in accordance with Rule 13d-3 and assume that there are 24,412,713 shares of Class A Common Stock outstanding (based on the Issuers Quarterly Report on Form 10-Q filed on October 31, 2023).

The aggregate number and percentage of shares of Class A Common Stock beneficially owned by each Reporting Person and, for each Reporting Person, the number of shares as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition, or shared power to dispose or to direct the disposition are set forth on rows 7 through 11 and row 13 of the cover pages of this Schedule 13D and are incorporated herein by reference.

Charles S. Leykum (Leykum) is the record holder of 41,324 shares of Class A Common Stock and CSL Energy Opportunity GP I, LLC (CSL GP I) is the record holder of 1,816 shares of Class A Common Stock.

CSL Fund II Preferred Holdings LLC (CSL Preferred Holdings) is the record holder of 4,000,000 shares of Class A Common Stock. CSL Energy Opportunities Fund II, L.P. (CSL OII) and CSL Energy Holdings II, LLC (CSL HII) are members of CSL Preferred Holdings. CSL Energy Opportunity GP II, LLC (CSL GP II) is (i) the general partner of CSL OII and (ii) the managing member of CSL HII.

CSL Capital Management, L.P. (CSL Capital Management) is the investment advisor to the CSL GP II and CSL Preferred Holdings. CSL CM GP, LLC (CSL CM GP) is the general partner of CSL Capital Management. Leykum is the managing member of each of CSL GP I, CSL GP II and CSL CM GP.

Neither the filing of this Schedule 13D nor any of its contents shall be deemed to constitute an admission that any of the Reporting Persons (other than Leykum, CSL GP I and CSL Preferred Holdings to the extent any of such persons directly holds the securities reported on this Schedule 13D) is the beneficial owner of any of the Class A Common Stock referred to herein for the purposes of Section 13(d) of the Act or for any other purpose, and such beneficial ownership is expressly disclaimed by each Reporting Person. Each Reporting Person expressly disclaims beneficial ownership of such shares of Class A Common Stock and any assertion or presumption that it or he and the other persons on whose behalf this statement is filed constitute a group.

(c) Annex A attached hereto lists all transactions in Class A Common Stock since the most recent filing of an amendment to this Schedule 13D. The transactions in Common Stock were effected in the open market through a broker.

 

16


SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated: December 19, 2023     Charles S. Leykum
   

/s/ Charles S. Leykum

    Charles S. Leykum
    CSL Energy Opportunity GP I, LLC
    By:  

/s/ Charles S. Leykum

    Name:   Charles S. Leykum
    Title:   Managing Member
    CSL Energy Opportunity GP II, LLC
    By:  

/s/ Charles S. Leykum

    Name:   Charles S. Leykum
    Title:   Managing Member
    Ranger Energy Holdings, LLC
    By:  

/s/ Charles S. Leykum

    Name:   Charles S. Leykum
    Title:   Senior Vice President
    Torrent Energy Holdings, LLC
    By:  

/s/ Charles S. Leykum

    Name:   Charles S. Leykum
    Title:   Senior Vice President
    Ranger Energy Holdings II, LLC
    By:  

/s/ Charles S. Leykum

    Name:   Charles S. Leykum
    Title:   Manager

Torrent Energy Holdings II, LLC
By:   CSL Energy Holdings I, LLC,
  its managing member
By:   CSL Energy Opportunity GP I, LLC
  its managing member
By:  

/s/ Charles S. Leykum

  Name: Charles S. Leykum
  Title: Manager
CSL Energy Holdings I, LLC
By:   CSL Energy Opportunity GP I, LLC,
  its managing member
By:  

/s/ Charles S. Leykum

  Name: Charles S. Leykum
  Title: Managing Member
CSL Energy Holdings II, LLC
By:   CSL Energy Opportunity GP II, LLC,
  its managing member
By:  

/s/ Charles S. Leykum

  Name: Charles S. Leykum
  Title: Managing Member
CSL CM GP, LLC
By:  

/s/ Charles S. Leykum

  Name: Charles S. Leykum
  Title: Managing Member
CSL Capital Management, L.P.
By:   CSL CM GP, LLC, its general partner
By:  

/s/ Charles S. Leykum

  Name: Charles S. Leykum
  Title: Managing Member

CSL Fund II Preferred Holdings LLC
By:   CSL Capital Management, L.P.
By:   CSL CM GP, LLC, its general partner
By:  

/s/ Charles S. Leykum

  Name: Charles S. Leykum
  Title: Managing Member
CSL Energy Opportunities Fund I, L.P.
By:   CSL Energy Opportunity GP I, LLC,
  its general partner
By:  

/s/ Charles S. Leykum

  Name: Charles S. Leykum
  Title: Managing Member
CSL Energy Opportunities Fund II, L.P.
By:   CSL Energy Opportunity GP II, LLC,
  its general partner
By:  

/s/ Charles S. Leykum

  Name: Charles S. Leykum
  Title: Managing Member

ANNEX A

TRANSACTIONS

The following table sets forth all transactions with respect to Class A Common Stock effected in the last sixty (60) days by the Reporting Persons or on behalf of the Reporting Persons in respect of the shares of Class A Common Stock, inclusive of any transactions effected through 4:00 p.m., New York City time, on December 18, 2023.

 

Date

  

Effected By

   Nature of Transaction    Quantity      Price  

12/5/2023

  

CSL Preferred Holdings

   Open Market Sale      20,000      $ 10.41  

12/6/2023

  

CSL Preferred Holdings

   Open Market Sale      20,000      $ 10.19  

12/7/2023

  

CSL Preferred Holdings

   Open Market Sale      20,000      $ 10.25  

12/8/2023

  

CSL Preferred Holdings

   Open Market Sale      20,000      $ 10.20  

12/11/2023

  

CSL Preferred Holdings

   Open Market Sale      20,000      $ 10.08  

12/12/2023

  

CSL Preferred Holdings

   Open Market Sale      20,000      $ 9.97  

12/13/2023

  

CSL Preferred Holdings

   Open Market Sale      20,000      $ 10.11  

12/14/2023

  

CSL Preferred Holdings

   Open Market Sale      20,000      $ 10.44  

12/15/2023

  

CSL Preferred Holdings

   Open Market Sale      20,000      $ 10.23  

12/18/2023

  

CSL Preferred Holdings

   Open Market Sale      85,174      $ 10.15