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The seasonal element of custoks services will be established to coincide with the Examination Series throughout the academic year with high peak periods during November, January to March and the Summer examination series May and June.

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As this is a summary, it does not contain all of the information custkms you should consider in making an investment decision. Unless we tell you otherwise, the information in this prospectus assumes the underwriters will not exercise their over-allotment option. To date, our efforts have been limited to organizational activities as well as activities related to this offering.

None of our officers, directors, promoters and other affiliates has engaged in any substantive discussions on our behalf with representatives of other companies regarding the possibility of a potential merger, capital stock exchange, asset acquisition or other similar business combination with us. Table of Contents In particular, we will seek to capitalize on the operating and investing experience and network of relationships of Jack D.

Hightower, our Chairman and Chief Executive Officer, and our other officers and directors in consummating an initial business combination.

During his career, Mr. Hightower has been involved in merger and acquisition transactions valued at billions of dollars in the aggregate in the energy, banking and real estate industries. Hightower has over 47 years of operational and financial experience in the oil and gas industry, having managed many oil and gas companies as Chairman, President and CEO.

He has consistently generated favorable returns throughout industry cycles by applying a disciplined, risk-adjusted investment approach, deed to balance capital preservation with value creation. In each of his last four startup companies, Higy.

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Hightower has completed initial acquisitions in less than nine months. SinceMr. Hightower assembled a highly experienced and multi-skilled management team to form Titan Resources, L. Hightower served as Peaj, President and CEO of the company, and was responsible for all day-to-day operating, risk management and acquisition decisions.

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In DecemberMr. While at Titan, Mr.

Hightower completed several acquisition transactions to acquire proved oil and gas reserves and millions of net acres of mineral rights. In JanuaryMr.

In OctoberUnocal tendered for the outstanding shares of Pure. Hightower was responsible for overseeing all day-to-day operating, risk management and acquisition decisions. While Mr.

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Hightower elected to pursue other business opportunities in OctoberMr. We intend to identify and seek to consummate a business combination with a business that could benefit from a hands-on owner with extensive experience in the upstream oil and gas industry in North America and that presents potential for an attractive risk-adjusted return profile under our stewardship.

Our management team has experience in identifying and executing acquisitions and managing assets to performance at potential across the energy industry. In customx, our team has hands-on experience working with private companies in preparing for and executing an initial public offering and serving as active owners and directors by working closely with these companies to continue their hjgh and help create value in the public markets.

Table of Contents Prior to a Hot Kapolei girls having nice sex combination, the management team of our sponsor and its affiliates will provide various administrative and technical services for us including, but not limited to, corporate, financial and ing services; business target identification; and due diligence; and proved reserve evaluation, including geological, engineering, operational, land, and environmental assessments.

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Down to South Portland guy wanted believe that our management team is well positioned to identify attractive risk-adjusted returns in the marketplace, and that its contacts and transaction sources, ranging from industry executives, private owners, private equity funds, and investment bankers will enable us to pursue a broad range of business combination alternatives. Our management believes its ability to identify and implement value creation initiatives will remain central to its differentiated acquisition strategy.

We believe our management team has ificant experience in all areas of oil and gas evaluation and operations, including horizontal drilling and pesk completion techniques, seismic acquisition and interpretation, financial structuring, and value creation methods to maximize production and proved reserves. Moreover, hifh team has experience investing across a variety of commodity price cycles to deliver strong full-cycle economics and in identifying high-quality custmos and businesses with resource and capital optimization potential.

Our management team also has consummated a ificant of successful acquisitions and divestitures, and has experience in both taking companies public and financing them in the equity and debt capital markets. Notwithstanding the foregoing, the past performance of Mr.

Hightower, our other officers and directors, and their respective affiliates is not a guarantee that we will be able to identify a suitable candidate for our initial business combination or realize datinb with respect to any business combination we may consummate. None of our officers or directors have had experience with blank check companies or special purpose acquisition vating in the past. We believe in a conservative approach to reserve evaluation and valuation.

As such, our management team typically runs a range of sensitivity analyses, including setting a valuation cap based primarily on already-established value i. We aggressively and thoroughly investigate the potential upside in the prospective properties we review, including evaluating the So horny lincoln nebraska of overlooked enhanced exploitation opportunities, newly discovered or under-appreciated exploration opportunities, or other creative ways of monetizing value e.

Table of Contents By taking this differentiated, multi-faceted, and comprehensive approach to evaluating prospective investments, our management team believes it is able to mitigate risk, while maximizing the embedded option value of the investment in terms of its pfak potential.