Tanos Energy Announces the Acquisition of Assets From Both ConocoPhillips and Fidelity and Increased Capital Commitments to $500 Million From Quantum Energy Partners

TYLER, TX –(Marketwired – May 12, 2016) – Tanos Energy (“Tanos” or the “Company”), a private energy company focused on acquisitions and horizontal development in the Ark-La-Tex region, announced today that it has recently closed on the acquisition of assets located primarily in East Texas and North Louisiana from ConocoPhillips Company and Fidelity Exploration and Production Company (collectively the “Assets”) and has fully assumed and integrated operations.

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