Tailwind is a next generation oil and gas company founded in 2016 allied to the regulator’s strategic driver of MER. We have executed upstream transactions with Exxon, Shell, ENI, EOG and Oaktree/Sixth Street Partners, and recently generated EBITDA in excess of $240 million. Within the timeframe since company inception, we have added 35 mmboe 2P reserves and delivered a 200% increase in production, from these acquired assets, to exit 2021 at 17 kboe/d. Further production growth is expected with our new Evelyn development due online in Q4 2022 as well as infield optimization activities. Our founding leadership team has over 80 years of combined experience in investment and operational exploration, development and production. We are focused on the delivery of sustainable, liability light, long term value for our shareholders through technical excellence and an holistic understanding of assets and systems. Crucially we emphasise the need for risk management in our business model to continue to maximise value in UK continental shelf (UKCS) opportunities.
As a private venture, Tailwind is strengthened by our partnership with Mercuria Energy Trading, and the expertise of our partners, industry peers and trade bodies. We are a member of Oil & Gas UK and the Association of British Independent Oil Exploration Companies (BRINDEX).