Waveland Resource Partners VIII, L.P.

New Acquisitions Announcement

WRP VIII Acquires 32 Additional Wells

We are pleased to announce that WRP VIII has acquired interests in 32 additional wells, further expanding and diversifying the Fund’s portfolio. The acquisitions include a 21-well project in the Permian Basin operated by ExxonMobil (NYSE: XOM), and two projects totaling 11 wells in the Powder River Basin operated by EOG Resources (NYSE: EOG) and Eagle Mountain Energy Partners, a well-regarded private-equity-backed operator. All 21 wells in the ExxonMobil project are currently producing, and the Powder River projects are in the drilling and completion phase.

The Powder River Basin is a world-class oil and gas basin with 17 drilling rigs actively targeting the prolific Niobrara and Mowry formations in Campbell and Converse Counties, Wyoming. The basin’s leading operators include EOG Resources, Devon Energy, Continental Resources and Anschutz Exploration Corp. Waveland’s Bakken sub-manager, Three Peaks Resources, brings expertise in the Rocky Mountain basins, and the Powder River has long been one of Waveland’s favored diversification targets to complement our large existing opportunity set in the Bakken.

WRP VIII’s portfolio now comprises 117 wells across the Bakken, Permian and Powder River basins. These additions broaden the Fund’s exposure to both publicly traded and privately held operators with active development programs, strengthening its position in three of the premier oil-producing regions in the United States.

The Fund’s strategy focuses on aggregating oil and gas assets located in the core of the Bakken Shale in North Dakota and the Permian Basin in West Texas and southeastern New Mexico. Our objective is to generate quarterly cash distributions from our net operating income and grow asset value by reinvesting a portion of the income to make additional acquisitions and drill new wells to build asset value toward a profitable exit.

VJG, CEO & Founder

October 7, 2026