Mr. Ronald D. Ormand, also known as Ron, served as Senior Managing Director and Senior Advisor at FBR & Co. since May 2016. Mr. Ormand served as a Managing Director and Head of Energy Investment Banking Group at MLV & Co. Mr. Ormand is a Principal of 1055 Partners, LLC. Mr. Ormand served as Chief Financial Officer, Executive Vice President and Treasurer of PRC Williston LLC. He served as a Managing Director at MLV & Co since November 11, 2013. He joined MLV & Co. since November 2013. He is responsible identifying and assessing merchant banking opportunities in the oil and gas and other energy related industries. Mr. Ormand served as the Chief Financial Officer of NGAS Hunter, LLC. Mr. Ormand has over 33 years of experience as a senior executive and investment banker in the energy sector. He served as Head of Capital Markets and Executive Vice President of Finance at Magnum Hunter Resources Corp. from July 22, 2013 to October 31, 2013 and also served as its Secretary since September 2009. He served as the Co-Founder, Chief Financial Officer and Executive Vice President of Magnum Hunter Resources Corp. from May 22, 2009 to July 22, 2013. He served as Chief Financial Officer of Tremisis Energy Acquisition Corp. II since November 2007 and its Co-Chief Executive Officer from March 2009 to April 2009 and also Principal Accounting Officer. He served as President of Perugia Advisors, Inc. He served as President of Tremisis Energy Acquisition Corp. II from November 2007 to March 13, 2009. Mr. Ormand has over twenty five years of investment and commercial banking experience in the energy industry. From April 2005 to October 2007, he served as a managing director with West LB, where he covered the energy industry and served as head of the oil and gas investment banking group for the Americas. From 1988 to December 2004, he worked with CIBC World Markets and Oppenheimer & Co. From 1997 to 2004, Mr. Ormand served as head of CIBC World Markets' U.S. oil and gas investment banking group. Prior to CIBC World Markets since 1988, he worked in various investment banking positions with Bateman Eichler, Hill Richards Incorporated and L.F. Rothschild & Co., and as a research analyst covering the exploration and production sector at Rauscher Pierce Refsnes, Inc. He has been the Executive Chairman and Director of Lilis Energy, Inc. since July 11, 2016 and has been its Chairman of the Board since January 13, 2016 and Director since February 25, 2015. He served as Director of NGAS Hunter, LLC. Mr. Ormand has been a Director of Tremisis Energy Acquisition Corp. II since September 2007. He served as a Director of GreenHunter Resources, Inc. from June 5, 2009 to January 8, 2013. He served as a Director of Magnum Hunter Resources Corp. from May 23, 2009 to September 27, 2013 and Eureka Hunter Holdings, Inc. from 2010-2013. Mr. Ormand holds an M.B.A. in Finance and Accounting in 1982 from the University of California Los Angeles, a B.A. in Economics in 1980 and studied Economics at Cambridge University, England in 1979.