Bakken Shale Non-Op Acquisition Strategy WRP VI continued Waveland's non-op acquisition strategy by making approximately $155 million in acquisitions within the second Bakken aggregation portfolio, located in the core of the Bakken Shale in North Dakota. This formation is one of the most actively producing areas within the larger Williston Basin, which spans the north-central United States and southern Canada. This portfolio includes a diversified mix of projects operated by leading energy companies, including Chevron, Continental Resources, ConocoPhillips, and Chord Energy. WRP VI is currently in active investment mode, generating an annualized tax-advantaged distribution rate of 12% for its investors.