One Cypress Energy Announces Advisory Solutions Service Line with Launch of New Website

Unveiled alongside the launch of a new corporate website, One Cypress
Energy (OCE) announced this week the introduction of One Cypress
Advisory Solutions (OCAS), a new service line providing back office and
legal support for small and midsize energy companies. The San
Antonio-based firm, which also provides crude oil marketing and terminal
services, launched the new site in part to reflect its changing focus in
today’s energy market.

OCAS’ introduction comes at a time when many producers are feeling the
one-two punch of low prices and mounting debt. Since the beginning of
2015, more than 65 U.S. oil and gas companies have filed for Chapter 11
bankruptcy, with dozens more barely treading water.

OCAS helps energy companies maintain operations to keep oil and gas
assets running smoothly during the current market downturn. Recognizing
the unique cash flow needs of small and midsize firms, OCAS provides
asset-marketing services for producers that need liquidity, as well as
outsourced back office and field operations support for companies that
need to reduce expenses.

Marketed to trustees, legal departments, and reorganization officers,
OCAS also provides legal and regulatory consulting on tricky issues such
as bankruptcy, disputes, and issues of compliance. “The legal and
regulatory requirements can often be cumbersome and too much for a
trustee to do alone,” said Claiborne Gregory, OCE Executive Vice
President and General Counsel.

In a difficult market, strategic planning can be the difference between
enduring and insolvency—a fact that is not lost on OCAS’ veteran team.
“With over 30 years of accounting, legal and operational experience in
the oil and gas industry, I’m excited about working with our clients to
support their efforts in a way that makes it easier to move though a
transition period,” said Steve Owen, OCAS President.

About One Cypress Energy

Founded by Bruce Smith and Greg Wright in 2011, San Antonio-based One
Cypress Energy seeks to help partners maximize efforts in crude oil
marketing, transportation and trade logistics, and advisory solutions.
With more than 40 years of experience in the oil and gas sector, One
Cypress Energy leverages experience gained at Fortune 500 companies to
solve problems across the energy spectrum. For additional information on
One Cypress Energy and its services, visit www.onecypressenergy.com.

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