X2 Resources is a Houston-based oil and gas company targeting $500 million to multibillion-dollar opportunities across premier basins. X2's deep bench of talented team members, flat organizational culture, and strong sponsor support uniquely positions us to acquire and execute large-scale oil and gas developments.

Previously, the team led the successful growth and sale of XCL Resources to SM Energy Company and Northern Oil and Gas, Inc. for $2.64 billion in October 2024. XCL drilled 250 wells across 12 formations in Utah's Uinta Basin, growing oil production from 10,000 to 60,000 barrels per day.