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Words of Welcome

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To our shareholders:

 

Halio Energy Inc. plans to invest in both conventional and unconventional oil and gas upstream and producing properties with strong upside, as well as the exploration and development of to-be-acquired properties. We intend to procure direct working interests on a non-operated basis as well as limited partnership, joint venture, and MLP interests.

 

Specifically, our proposed acquire-and-exploit strategy will focus on onshore U.S., Canadian, and South American oil and gas basins, within the private company sector, that show significant opportunities for future scalability, growth and consolidation, targeting assets that provide long-life, high-quality production with relatively predictable decline curves and low-risk development opportunities.

 

In the wake of the oil sector slump of late 2015/early 2016, we believe there are a significant number of advanced and advanceable projects across North and South America at low valuations that a team of well connected, experienced oil and gas professionals like our team can capitalize on as the sector continues to show strength.

 

While we do that, Halio Energy brings to each of its projects a level of corporate responsibility that will be demonstrated by its specialized approach to project development, with an emphasis on modern safety methods, local economic development, and the highest standards toward protecting the environment. This is not something we hope to do, or want to do, it’s something we’re dedicated to doing as a core business value.

 

We are excited to ramp up this early stage of growth for Halio Energy, having now successfully transitioned from a small private start-up into a fully reporting public company. Our priority will be to continue to operate with a deep sense of corporate responsibility, reflecting a commitment to shareholders, employees, and the communities in which we live and work.

 

To those of you becoming acquainted with our new company for the first time; we extend a warm greeting and an invitation to engage in dialogue with our management whenever you have questions about our opportunity.

 

To the others among you, who have been involved with us since the early stages of Halio Capital’s business development, and are already aware of the practical experience of our technical team and our record of successful project implementation, you know our move to a new name – Halio Energy – and our move to the public markets are both just the latest steps in a well planned journey.

 

On behalf of the Board of Directors and our dedicated Halio Energy management team, I personally welcome all stakeholders to what we believe will be an enjoyable, responsible, and successful enterprise. We will continue to work diligently to increase the value of your investment, and we look forward to providing updates as each of our projects move forward.

 

Thank you for your time, your trust, your consideration. We will endeavor to reward those with respect, openness and success.

 

Kind regards,

Joseph E. Casabona – CEO