Welcome to Morgan E&P

Morgan E&P (“MEP”) is an exploration and production company formed in 2023 to responsibly develop upstream opportunities targeting the prolific Bakken formation of the Williston Basin. MEP is a wholly-owned subsidiary of Equus Total Return, Inc. (NYSE:EQS).

Commitment

We are committed to protecting the environment

We have a strong commitment to minimizing our impact on the environment.

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About Morgan E&P

Morgan E&P (“MEP”) is an exploration and production company formed in 2023 to responsibly develop upstream opportunities targeting the prolific Bakken formation of the Williston Basin. MEP is a wholly-owned subsidiary of Equus Total Return, Inc. (NYSE:EQS).

BAKKEN FORMATION IN THE WILLISTON BASIN

The Bakken formation in the Williston Basin is a vast sedimentary rock unit covering approximately 200,000 square miles, with the majority situated in North Dakota. The United States Geological Survey (USGS) estimates that the Bakken formation holds recoverable reserves of up to 7.4 billion barrels of oil and 6.7 trillion cubic feet of natural gas, making it one of the most promising regions for energy production.

Kenneth I. Denos

Director

John A. Hardy

Chief Executive Officer

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CORPORATE RESPONSIBILITY

Sustainability

We are committed to sustainable practices, for the long-term economic and social benefits they bring.

Environmental

We aim to make a positive impact on the environment and promote sustainable practices in all aspects of our business operations.

Health & Safety

We are dedicated to fostering a culture of safety that prioritizes the empowerment and well-being of all our employees and contractors.

Governance

Our governance approach is rooted in the belief that transparency, accountability, and ethical practices are essential to maintaining the trust of our stakeholders.

Kenneth I. Denos

Director

Mr. Denos has practiced securities law since 1996 and oversees regulatory filings for a variety of U.S. and international public companies. He specializes in securities, mergers and acquisitions, corporate finance, and regulatory compliance. For the past 18 years, Mr. Denos has served as a director or principal for several small-cap public companies on the London AIM, Frankfurt Stock Exchange, New York Stock Exchange, and the OTC Bulletin Board, and has worked closely with many public and private emerging growth companies throughout the world. In addition to a Bachelor of Science degree in Business Finance and Political Science, he holds a Master of Business Administration and a Juris Doctor from the University of Utah.

John A. Hardy

Chief Executive Officer

John Hardy serves as Chief Executive Officer of Morgan E&P.  Mr. Hardy has over 40 years of experience in mergers and acquisitions, litigation and resolution of multi-jurisdictional disputes in a variety of industries including oil and gas, insurance and the finance and banking sectors, among others.  Mr. Hardy was also an adjunct Professor lecturing in insurance law at the University of British Columbia from 1984-2000.