Three Crown Petroleum

Three Crown Petroleum LLC is a private oil and gas exploration and exploitation company that was founded in 2005 by Howard Cooper. The company currently focuses on prospects primarily in and around the Rocky Mountain region and seeks to partner with strong, reputable producers in the industry.

Mr. Cooper has a twenty-five-year track record of developing oil and gas projects in the Rockies and internationally. In 2014, Mr. Cooper raised a $25 million fund for the purchase of Wyoming Powder River Assets, partnering with various operators to open new areas of the Basin. Some of the companies Three Crown has partnered with include Brigham Oil and Gas (merged with Statoil), Samson Resources, ATX Energy Partners, and Whiting Petroleum (merged with Oasis Petroleum), among many others. In 2011 and 2012 Mr. Cooper led a $200 million capital raise for drilling offshore wells in the Mediterranean.

Three Crown has developed acreage positions in North Dakota’s Williston Basin, Western Colorado’s Piceance Basin, Eastern Colorado’s DJ Basin, and Wyoming’s D-J and Powder River Basin. The Company’s current focus is the J-Sands, Codell and Niobrara oil and gas play in Southeast Wyoming in the DJ Basin and the Sussex, Shannon, Niobrara, Frontier and Mowry oil and gas plays in the Powder River Basin in Wyoming. Three Crown is currently drilling a Niobrara Well in Converse County, Wyoming.

For additional information please contact:

H. Howard CooperPresident, Three Crown Petroleum(970) 756-4747hcooper@threecrownpetroleum.comwww.threecrownpetroleum.com

Three Crown Petroleum Provides Operational Update on Falcon Prospect

Patterson 4H well targeting Shannon Formation to Spud on March 22, 2023

STEAMBOAT SPRINGS, Colorado – March 17, 2023 – Three Crown Petroleum (“Three Crown” or the “Company”) today provided an operational update on the Falcon Prospect located in Converse County, Wyoming. The Company plans to move a rig on location for the Patterson 4H, a 1.5 mile horizontal well targeting the Shannon formation on March 22, 2023. The Patterson 4H is located on the same pad as the Patterson 3H, which was drilled to the Niobrara formation and reached total depth on December 25, 2022. After drilling of the Patterson 4H well is completed, Three Crown plans to simultaneously commence completion operations on the Patterson 3H and 4H wells in May. The Bridger oil pipeline and the Mirage gas line are located adjacent to the well pad and provide immediate offtake capacity.

Three Crown’s wells are flanked by established operators including WRC Energy (formerly Wold Oil Properties), Continental Resources, Impact Exploration, and Northwoods Energy. The nearby Niobrara wells have been highly productive with cumulative production of more than 250 Mboe per well in the first twenty-four months and EUR’s of 600 Mboe over the life of the wells Nearby Shannon wells have been highly productive, with the offsetting Tuesday Draw Well in 38-74 (WRC Energy) having produced approximately 300 Mboe to date from the Shannon formation.

An overview of all of Three Crown’s prospects can be found HERE.

Three Crown Petroleum to Participate in NAPE February 2-3, 2023

Stop by Booth 1631 for a chance to win a Beretta 686 Silver Pigeon 12Ga Shotgun STEAMBOAT SPRINGS, Colorado – February 1, 2023 – Three Crown Petroleum (“Three Crown” or the “Company”) announced today that it will be participating in NAPE on February 2-3, 2023. As part of its participation in NAPE, management invites you to stop by Booth 1631 for your chance to win prizes, including a Beretta Silver Pigeon 12Ga Shotgun, a Yeti Cooler, and a $250 Cabela’s gift card. The winner will be selected Thursday, February 2nd, at 5:00 p.m. Must be present to win. Please visit the Company’s website for additional information (www.threecrownpetroleum.com)

In addition, the Company will be showcasing several high-potential lease prospects and drilling opportunities that it currently has available. Three Crown’s prospects are highlighted by:

Osprey Prospect—Located in the Powder River Basin in Wyoming, the Osprey prospect is a 956.48 gross and net acre drilling prospect that Three Crown recently acquired. Primary targets are the Niobrara, Mowry, and Muddy formations. For more information on the Osprey Prospect stop by our NAPE booth 1631 at NAPE or click HERE.

Walden Prospect—Located in the DJ Basin in Colorado, the Walden prospect is a 1,392.61 gross/1,232.79 net acre lease prospect. This prospect has four naturally fractured high-potential formations, including the Niobrara, Sussex, Shannon, and Frontier. For more information on the Walden Prospect stop by our NAPE booth 1631 or click HERE.

PRB Mineral Sale—The Powder River Basin Mineral Sale is a package of 9,502 gross/4,318.5 net acres of Minerals, located in the Powder River Basin in Wyoming. It contains a combination of leased, open, and producing minerals, in a very productive area of the basin in Wyoming. For more information on the Powder River Basin Mineral Sale stop by our NAPE booth 1631 or click HERE.

An overview of all of Three Crown’s prospects can be found HERE.

Three Crown Completes Drilling Falcon Prospect Horizontal Niobrara Oil Well

STEAMBOAT SPRINGS, Colorado – January 26, 2023

Three Crown Petroleum (“Three Crown” or the “Company”) today provided a drilling update of the Falcon Prospect in Converse County, Wyoming. The Company spud the prospective Patterson 3H, a 1.35 mile horizontal well targeting the Niobrara formation on November 24, 2022 that reached a total vertical depth of 12,600 feet and finished drilling the horizontal Niobrara leg of the well on December 25, 2022.

Three Crown plans to drill a well targeting the Shannon Formation off the same pad in the first half of 2023. After drilling the Shannon well, Three Crown is scheduled to complete both the Niobrara and Shannon wells and place the wells on production in the first half of 2023. The Bridger oil pipeline and the Mirage gas line are located adjacent to the well pad, providing immediate offtake capacity. The well is located on the Company’s Falcon Prospect in the prolific Powder River Basin in Converse County, Wyoming.

Three Crown’s well is flanked by established operators including WRC Energy (formerly Wold Oil Properties), Continental Resources, Impact Exploration, and Northwoods Energy. The nearby Niobrara wells have been highly productive with cumulative production of more than 250 Mboe per well in the first twenty-four months and EUR’s of 600 Mboe over the life of the wells, with the offsetting Tuesday Draw Well in 38-74 (WRC Energy) having produced approximately 300 Mboe to date from the Shannon formation.

Three Crown Spuds High Potential Falcon Prospect Horizontal Niobrara Oil Well

November 30, 2022Three Crown Petroleum spud the high-potential Patterson 3H, a 1.5 mile horizontal well targeting the Niobrara formation on November 24, 2022. The well located on Three Crown’s Falcon Prospect in the prolific Powder River Basin in Converse County, Wyoming. Three Crown has already reached a drilling depth of 5,265 feet. The Patterson 3H well will be drilled to a total vertical depth of 12,250 feet with a lateral of 7,920 feet and is flanked by established operators including WRC Energy (formerly Wold Oil Properties), Continental Resources, Impact Exploration, and Northwoods Energy. The nearby Niobrara wells have been highly productive with cumulative production of more than 250 Mboe per well in the first twenty-four months and EUR’s of 600 Mboe over the life of the wells, with the offsetting Tuesday Draw 38-74 (Wold Oil Properties) having produced approximately 650 Mboe from the Frontier formation.

Three Crown currently is seeking partners to participate in the Patterson 3H Well and Falcon Prospect. For more information or to participate in the high potential Falcon Prospect please contact:

H. Howard Cooper(970) 756-4747hcooper@threecrownpetroleum.comwww.threecrownpetroleum.com

Three Crown’s Falcon Prospect Offers Excellent Opportunity to Participate in High Potential Oil Well

November 9, 2022

Three Crown has established a 240.387 gross/205.5 net acre 1.5 mile horizontal drilling prospect in the prolific Power River Basin in Converse County, WY that is surrounded by established oil production in the Shannon, Niobrara and Frontier formations. The Falcon prospect is flanked by established operators including WRC Energy (formerly Wold Oil Properties), Continental Resources, Impact Exploration, and Northwoods Energy. The nearby Niobrara wells have been highly productive with cumulative production of more than 250 Mboe per well in the first twenty-four months and EUR’s of 500 Mboe over the life of the well, with the offsetting Waters 31-21 (Northwoods Energy) producing approximately 400 Mboe from the Shannon formation.

Three Crown plans to target the prolific Niobrara formation in the Falcon prospect and will follow up with a well to the Frontier and Shannon formations once the initial well is completed in spring 2023. The initial Niobrara well will be drilled to a total vertical depth of 12,250 feet with a lateral of 7,920 feet. Three Crown currently holds an 85.49% WI in the Falcon prospect and is seeking partners to participate in the prospect. Three Crown is the operator but would consider allowing a potential partner to operate. 

For more information or to participate in the high potential Falcon Prospect please contact:

H. Howard Cooper(970) 756-4747hcooper@threecrownpetroleum.comwww.threecrownpetroleum.com

Videos

CEO Howard Cooper presents at EnerCom Denver 2022

Three Crown PetroleumP.O. Box 774327Steamboat Springs, CO 80477Phone +1 (970) 756-4747Email hcooper@threecrownpetroleum.com